S2047 (2023-24 session)

NY State bill

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 2025, $30,000 in 2026, $35,000 in 2027 and $40,000 for each subsequent year.

Title
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater
Type
New York State Senate bill
Session
2023-24 session
Status
In Senate Committee
Latest action date
2024-05-06
In committee
Finance
Introduced
2023-01-18
Same as
A208
Law section
Tax Law

Sponsors

Co-sponsors

Heard in committee

Same as

Committee meetings

Committee meetings that took this bill up, from the Senate's published agendas. The Assembly does not publish its committee agendas in machine-readable form, so an Assembly committee's consideration of a bill is not on this list.

Sources