S10585 (2025-26 session)

NY State bill

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.

Title
Assesses a separate tax on distributions from designated settlement funds
Type
New York State Senate bill
Session
2025-26 session
Status
In Assembly Committee
Latest action date
2026-06-01
In committee
Ways And Means
Introduced
2026-05-27
Same as
A11503
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