NY S03456 | 2019-2020 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on February 7 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 7 2019 - 25% progression, died in committee
Action: 2020-01-08 - REFERRED TO BUDGET AND REVENUE
Pending: Senate Budget and Revenue 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.
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
| Date | Chamber | Action |
|---|---|---|
| 2020-01-08 | Senate | REFERRED TO BUDGET AND REVENUE |
| 2019-02-07 | Senate | REFERRED TO BUDGET AND REVENUE |
Same As/Similar To
A08552 (Same As) 2020-01-08 - referred to ways and means
