S 7877

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: February 10, 2026.

Relates to application of net operating losses in the calculation of corporate franchise taxes.

Bill ID NY-2025-2026-S-7877
Session 2025-2026
Status in_committee
Committee Budget And Revenue
Senate in_committee 2026-02-10
Tax / Budget / Appropriations
Summary

Restricts the carrying forward of net operating losses to five years.

Sponsor
Andrew Gounardes
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-05-13 Introduced Bill introduced
2026-02-10 Status in_committee
2026-02-10 Latest Action In Senate Committee
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