NY A08552 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on August 23 2019 - 25% progression
Action: 2019-08-23 - referred to ways and means
Pending: Assembly Ways and Means Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.

Tracking Information

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Title

Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.

Sponsors


History

DateChamberAction
2019-08-23Assemblyreferred to ways and means

Same As/Similar To

S03456 (Same As) 2019-02-07 - REFERRED TO BUDGET AND REVENUE

New York State Sources


Bill Comments

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