S 3943 NY

Relates to calculation of franchise tax on businesses with a business income base over five million dollars

NY · session 2025-2026 · Senate · bill

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Introduced Jan 30, 2025

Latest action (Feb 12, 2026) PRINT NUMBER 3943A

Summary

Provides that the franchise tax on businesses with a business income base over five million dollars shall be nine percent of such income base.

Sponsor (1)

Andrew Gounardes Democratic · primary

2 coauthors / cosponsors

Leroy Comrie Democratic · cosponsor
John Liu Democratic · cosponsor

Action history (4)

Jan 30, 2025 REFERRED TO BUDGET AND REVENUE · upper
Jan 7, 2026 REFERRED TO BUDGET AND REVENUE · upper
Feb 12, 2026 AMEND AND RECOMMIT TO BUDGET AND REVENUE · upper
Feb 12, 2026 PRINT NUMBER 3943A · upper

Text versions (3)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

S3943 · HTML
S3943 · PDF
S3943A · PDF

Full text

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