NY S01526 | 2023-2024 | General Assembly

New York Senate Bill 1526

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on January 12 2023 - 25% progression
Action: 2024-01-03 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Provides a tax deduction for small business employers of 25% of the wages, salary or compensation paid to up to ten employees who earn up to 110% of the minimum wage.

Title

Provides a tax deduction for small business employers of 25% of the wages, salary or compensation paid to up to ten employees who earn up to 110% of the minimum wage.

History

Date	Chamber	Action
2024-01-03	Senate	REFERRED TO BUDGET AND REVENUE
2023-01-12	Senate	REFERRED TO BUDGET AND REVENUE

New York State Sources

Type	Source
Summary	https://www.nysenate.gov/legislation/bills/2023/S1526
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=S01526&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S01526