A3690 (2023-24 session)

NY State bill

Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income.

Title
Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; and imposes an additional tax on individual business income
Type
New York State Assembly bill
Session
2023-24 session
Status
In Assembly Committee
Latest action date
2024-01-03
In committee
Ways And Means
Introduced
2023-02-03
Same as
S1980
Law section
Tax Law

Sponsors

Co-sponsors

Heard in committee

Same as

Sources