Relates to calculation of franchise tax on businesses with a business income base over five million dollars

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Provides that the franchise tax on businesses with a business income base over five million dollars shall be nine percent of such income base.

Chamber: Senate
Introduced: Jan 30, 2025
Last action: Feb 12, 2026 — PRINT NUMBER 3943A
Session: 2025-2026
Momentum: 44 · Moderate

PASSAGE PROBABILITY

1% Unlikely

Why this number

Stage base Amended — base rate 13%, measured from NY's completed sessions
Momentum -1 44/100 from the pace of recorded action
Time since last action -22 249 days quiet

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