S3943 (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 Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-02-12
- In committee
- Budget And Revenue
- Introduced
- 2025-01-30
- Active version
- S3943A
- Same as
- A5377
- Law section
- Tax Law
Sponsors
- Andrew Gounardes State Senator, District 26
Co-sponsors
- John C. Liu State Senator, District 16
- Leroy Comrie State Senator, District 14
Heard in committee
- Budget And Revenue NY State Senate committee
Same as
- A5377 (2025-26 session) NY State bill