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S 7643

New York - Session 2025-2026

Senate in_committee 2026-01-07
Bill Details

Title: Relates to the pass-through entity tax credit and the city pass-through entity tax credit

Summary

Provides that the aggregate amount of pass-through entity credits claimed by all partners, members or shareholders of an electing partnership or electing S corporation shall not exceed eighty-seven percent of the tax due.

Sponsor
Andrew Gounardes
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-04-24 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee
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