S 10585 NY

Passed One Chamber

Assesses a separate tax on distributions from designated settlement funds

NY · session 2025-2026 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced May 27, 2026

Latest action (Jun 1, 2026) REFERRED TO WAYS AND MEANS

Summary

Assesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.

Sponsor (1)

Michael Gianaris Democratic · primary

3 coauthors / cosponsors

Patricia Fahy Democratic · cosponsor
Kevin S. Parker Democratic · cosponsor
Jessica Ramos Democratic · cosponsor

Action history (6)

May 27, 2026 REFERRED TO BUDGET AND REVENUE · upper
Jun 1, 2026 COMMITTEE DISCHARGED AND COMMITTED TO RULES · upper
Jun 1, 2026 ORDERED TO THIRD READING CAL.1523 · upper
Jun 1, 2026 PASSED SENATE · upper
Jun 1, 2026 DELIVERED TO ASSEMBLY · upper
Jun 1, 2026 REFERRED TO WAYS AND MEANS · lower

Full text

The full text hasn’t been imported yet. CivicGate fetches it from the state legislature’s published version documents — check now.

Comments

Loading comments…

Data from OpenStates. View on OpenStates →