STATE OF NEW YORK
________________________________________________________________________
1751
2025-2026 Regular Sessions
IN ASSEMBLY
January 14, 2025
___________
Introduced by M. of A. RAJKUMAR, FALL, CRUZ, MITAYNES, SEAWRIGHT, ROSEN-
THAL, PAULIN, DINOWITZ -- read once and referred to the Committee on
Ways and Means
AN ACT to amend the tax law, in relation to excluding from state income
tax unemployment compensation benefits
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subsection (c) of section 612 of the tax law is amended by
2 adding a new paragraph 48 to read as follows:
3 (48) For each taxable year beginning on and after January first, two
4 thousand twenty-four, an amount up to ten thousand two hundred dollars
5 of unemployment compensation received by a taxpayer.
6 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD02400-01-5
