States / New York / A 8953

A 8953 In Committee

Enacts the "fair share act"

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.

Chamber
House
Introduced
Jul 16, 2025
Last action
Jan 7, 2026 — REFERRED TO WAYS AND MEANS
Session
2025-2026
Momentum
45 · Moderate