S 8746 NY
Relates to professional employer organization services
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Summary
NY S 8746 clarifies the tax treatment of receipts for professional employer organization services. The bill provides that receipts from PEOs shall include amounts received for wages, benefits, employee expenses, and related employment taxes paid on behalf of client worksite employees. The bill applies to the calculation of business income base for tax purposes.
AI-generated plain-language summary of the bill (from the OpenStates abstract — no full text available yet) — neutral, and may be imperfect.
Official abstract
Provides that receipts from other services and other business receipts, taxpayers, and combined groups including members, engaged in providing professional employer organization services shall include with such receipts amounts received with respect to wages, benefits, and other employee expenses disbursed to or for the benefit of a client's worksite employees and the related employment taxes if the amounts received are included in the calculation of the business income base or the combined business income base, respectively.
Sponsor (1)
- Jeremy Cooney Democratic · primary
Action history (10)
- Jan 8, 2026 REFERRED TO BUDGET AND REVENUE · upper
- Jun 3, 2026 COMMITTEE DISCHARGED AND COMMITTED TO RULES · upper
- Jun 3, 2026 ORDERED TO THIRD READING CAL.1640 · upper
- Jun 3, 2026 PASSED SENATE · upper
- Jun 3, 2026 DELIVERED TO ASSEMBLY · upper
- Jun 4, 2026 REFERRED TO WAYS AND MEANS · lower
- Jun 4, 2026 SUBSTITUTED FOR A11453 · lower
- Jun 4, 2026 ORDERED TO THIRD READING RULES CAL.525 · lower
- Jun 4, 2026 PASSED ASSEMBLY · lower
- Jun 4, 2026 RETURNED TO SENATE · lower
Full text
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