A5377 (2025-26 session)
NY State bill
Provides that the franchise tax on businesses with a business income base over five million dollars shall be nine percent of such income base.
- Title
- Relates to calculation of franchise tax on businesses with a business income base over five million dollars
- Type
- New York State Assembly bill
- Session
- 2025-26 session
- Status
- In Assembly Committee
- Latest action date
- 2026-02-13
- In committee
- Ways And Means
- Introduced
- 2025-02-13
- Active version
- A5377A
- Same as
- S3943
- Law section
- Tax Law
Sponsors
- Michaelle C. Solages Assembly Member, District 22
Co-sponsors
- Al Taylor Assembly Member, District 71
- Emily Gallagher Assembly Member, District 50
Heard in committee
- Ways and Means NY State Assembly committee
Same as
- S3943 (2025-26 session) NY State bill