Enacts the "Affordable NY act"; increases the STAR exemptions; adjusts personal income tax rates.
Enacts the "Affordable NY act"; increases the STAR exemptions; adjusts personal income tax rates.
Enacts the "Affordable NY act"; increases the STAR exemptions; adjusts personal income tax rates.
Increases the federal adjusted gross income threshold for modification for taxable social security income. Amends references to federal adjusted gross income as pertains to modification of taxable retirement income from certain pension plans or annuities.
Increases the federal adjusted gross income threshold for modification for taxable social security income. Amends references to federal adjusted gross income as pertains to modification of taxable retirement income from certain pension plans or annuities.
Includes payment of social security benefits to the modification reducing federal adjusted gross income on personal income taxes.
Includes payment of social security benefits to the modification reducing federal adjusted gross income on personal income taxes.
Income tax, optional standard deduction increased, adjusted gross income range allowed for maximum dependent exemption increased
Allows for a one-time two percent (2%) supplemental cost of living adjustment for plan year 2025 to the public pension benefits administered by the ERSRI, and allows for those benefits to be deducted from the taxpayer's adjusted gross income.
Allows for a one-time two percent (2%) supplemental cost of living adjustment for plan year 2025 to the public pension benefits administered by the ERSRI, and allows for those benefits to be deducted from the taxpayer's adjusted gross income.