S 8577 NY
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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 (1)
- John Liu Democratic · primary
14 coauthors / cosponsors
- Jabari Brisport Democratic · cosponsor
- Cordell Cleare Democratic · cosponsor
- Michael Gianaris Democratic · cosponsor
- Kristen Gonzalez Democratic · cosponsor
- Robert Jackson Democratic · cosponsor
- Zellnor Myrie Democratic · cosponsor
- Kevin S. Parker Democratic · cosponsor
- Jessica Ramos Democratic · cosponsor
- Gustavo Rivera Democratic · cosponsor
- Julia Salazar Democratic · cosponsor
- James Sanders Jr. Democratic · cosponsor
- Luis R. Sepúlveda Democratic · cosponsor
- José M. Serrano Democratic · cosponsor
- Toby Ann Stavisky Democratic · cosponsor
Action history (2)
- Nov 14, 2025 REFERRED TO RULES · upper
- Jan 7, 2026 REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS · upper
Text versions (2)
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