States / New York / S 10585

S 10585 Passed First Chamber

Assesses a separate tax on distributions from designated settlement funds

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Assesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.

Chamber
Senate
Introduced
May 27, 2026
Last action
Jun 1, 2026 — REFERRED TO WAYS AND MEANS
Session
2025-2026
Momentum
59 · Moderate