New York 2025-2026 Regular Session

New York Assembly Bill A05661

Introduced
2/19/25  

Caption

Relates to calculation of the earned income credit for taxable years beginning in 2026, provides the applicable percentage shall be 45%.

Companion Bills

No companion bills found.

Previously Filed As

NY A05442

Relates to calculation of the earned income credit for taxable years beginning in 2024, provides the applicable percentage shall be 45%.

NY A09258

Increases the earned income tax credit for taxable years beginning in 2024.

NY S06152

Provides for cost-of-living adjustments; provides that the base benefit amount shall be increased annually by reference to the consumer price index for each applicable calendar year beginning on September 1, 2024.

NY A06636

Provides for cost-of-living adjustments; provides that the base benefit amount shall be increased annually by reference to the consumer price index for each applicable calendar year beginning on September 1, 2024.

NY S00543

Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.

NY A02170

Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.

NY S04988

Relates to the taxable price for the sale of a motor vehicle; provides that rebates offered at the time of sale be excluded for purposes of calculating any local sales and compensating use tax and the state sales tax applicable to such sale.

NY A07343

Relates to obtaining military credit for members of the New York state and local police and fire retirement system; provides that the calculation for military credit shall be equal to the product of the number of years of military service being claimed and three percent of such member's compensation earned during the twelve months of credited service.

NY S07540

Relates to obtaining military credit for members of the New York state and local police and fire retirement system; provides that the calculation for military credit shall be equal to the product of the number of years of military service being claimed and three percent of such member's compensation earned during the twelve months of credited service.

NY A07131

Relates to calculating the final average salary for members of the New York state and local police and fire retirement system; provides that final average salary shall be equal to one-third of the highest total wages earned during any continuous period of employment for which the member was credited with three years of service credit.

Similar Bills

No similar bills found.