A 10575

New York Assembly bill in Session 2025-2026.

Status: in_committee. Latest action: March 13, 2026.

Creates the middle class circuit breaker tax credit and a tax reform study commission.

Bill ID NY-2025-2026-A-10575
Session 2025-2026
Status in_committee
Committee Ways And Means
Assembly in_committee 2026-03-13
Tax / Budget / Appropriations
Summary

Creates the middle class circuit breaker tax credit allowing a credit against personal income tax, equal to seventy percent of the amount by which the taxpayer's net real property tax or the taxpayer's real property tax equivalent exceeds the taxpayer's maximum real property tax; establishes a tax reform study commission.

Sponsor
Alicia Hyndman
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-03-13 Introduced Bill introduced
2026-03-13 Status in_committee
2026-03-13 Latest Action In Assembly Committee
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