S7877 (2025-26 session)
NY State bill
Restricts the carrying forward of net operating losses to five years.
- Title
- Relates to application of net operating losses in the calculation of corporate franchise taxes
- Type
- New York State Senate bill
- Session
- 2025-26 session
- Status
- In Senate Committee
- Latest action date
- 2026-02-10
- In committee
- Budget And Revenue
- Introduced
- 2025-05-13
- Active version
- S7877A
- Law section
- Tax Law
Sponsors
- Andrew Gounardes State Senator, District 26
Heard in committee
- Budget And Revenue NY State Senate committee