S 8577

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: January 7, 2026.

Enacts the "fair share act".

Bill ID NY-2025-2026-S-8577
Session 2025-2026
Status in_committee
Committee Investigations And Government Operations
Senate in_committee 2026-01-07
Tax / Budget / Appropriations
Summary

Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.

Sponsor
John Liu
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-11-14 Introduced Bill introduced
2026-01-07 Status in_committee
2026-01-07 Latest Action In Senate Committee
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A 10000
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A 10001
LEGISLATURE AND JUDICIARY BUDGET
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A 10004
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