· NY legislature · 2025-2026

Relates to the pass-through entity tax credit and the city pass-through entity tax credit

Provides that the aggregate amount of pass-through entity credits claimed by all partners, members or shareholders of an electing partnership or electing S corporation shall not exceed eighty-seven percent of the tax due.

Sponsor

Andrew Gounardes (D-NY)

Introduced

2025-04-24

Latest action

REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS