NY A00208 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 8-0)
Status: Introduced on January 4 2023 - 25% progression
Action: 2024-01-03 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 4 2023 - 25% progression
Action: 2024-01-03 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2025, $30,000 in 2026, $35,000 in 2027 and $40,000 for each subsequent year.
Title
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2025, $30,000 in 2026, $35,000 in 2027 and $40,000 for each subsequent year.
Sponsors
| Asm. William Magnarelli [D] | Asm. Albert Stirpe [D] | Asm. Vivian Cook [D] | Asm. Donna Lupardo [D] |
| Asm. Phillip Steck [D] | Asm. Michael Benedetto [D] | Asm. D. Billy Jones [D] | Asm. Christopher Eachus [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2024-01-03 | Assembly | referred to ways and means |
| 2023-01-04 | Assembly | referred to ways and means |
Same As/Similar To
S02047 (Same As) 2024-05-06 - REPORTED AND COMMITTED TO FINANCE
