S 10585

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: June 1, 2026.

Assesses a separate tax on distributions from designated settlement funds.

Bill ID NY-2025-2026-S-10585
Session 2025-2026
Status in_committee
Committee Ways And Means
Senate in_committee 2026-06-01
Tax / Budget / Appropriations
Summary

Assesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.

Sponsor
Michael Gianaris
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-05-27 Introduced Bill introduced
2026-06-01 Status in_committee
2026-06-01 Latest Action In Assembly Committee
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