Official record
Measure details
- Jurisdiction
- New York
- Session
- 2025-2026
- Chamber
- lower
- Classification
- bill
- Subjects
- Not supplied
- Introduced / first action
- 2025-01-08 00:00:00
Source-supplied abstracts
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2027, $30,000 in 2028, $35,000 in 2029 and $40,000 for each subsequent year.
Sponsors
- William Magnarelli (primary), primary
- Albert A. Stirpe, cosponsor
- Vivian Cook, cosponsor
- Phil Steck, cosponsor
- Michael Benedetto, cosponsor
- Billy Jones, cosponsor
- Christopher Eachus, cosponsor
- Amy Paulin, cosponsor
- Didi Barrett, cosponsor