S5959 (2025-26 session)
NY State bill
Creates deduction from franchise tax and personal income tax for costs of acquiring or improving child care facility operated for profit; creates deduction from corporation tax, franchise tax, personal income tax and tax on banks for costs of acquiring or improving a child care facility operated primarily for children of taxpayer's employees.
- Title
- Creates deductions for creation or improvements of child care facilities
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-01-07
- In committee
- Budget And Revenue
- Introduced
- 2025-03-04
- Same as
- A833
- Law section
- Tax Law
Sponsors
- Kevin S. Parker State Senator, District 21
Heard in committee
- Budget And Revenue NY State Senate committee