NY A05442 | 2021-2022 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 16 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 16 2021 - 25% progression, died in committee
Action: 2022-01-05 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes the millionaire's tax and economic equity act; extends the top state income tax rate to 11.82% for taxpayers whose New York taxable income is over $100,000,000 and establishes new brackets below such top rate.
Title
Establishes the millionaire's tax and economic equity act; extends the top state income tax rate to 11.82% for taxpayers whose New York taxable income is over $100,000,000 and establishes new brackets below such top rate.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2022-01-05 | Assembly | referred to ways and means |
| 2021-02-16 | Assembly | referred to ways and means |
Same As/Similar To
S01513 (Same As) 2022-01-05 - REFERRED TO BUDGET AND REVENUE
