Establishes the public harm mitigation fund, consisting of a tax assessment on payments received from a compensation program, settlement fund or reimbursement program, to support victims, fund security measures and provide educational programming relating to the January 6th events at the U.S. Capitol and the importance of constitutional governance and democratic institutions.
STATE OF NEW YORK
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11591
IN ASSEMBLY
June 5, 2026
___________
Introduced by COMMITTEE ON RULES -- (at request of M. of A. Lavine) --
read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to assessing a tax on compen-
sation payments from certain federal programs, settlement funds,
reimbursements and pardon-related compensation initiatives; and to
amend the state finance law, in relation to establishing the public
harm mitigation fund
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The tax law is amended by adding a new section 603-a to
2 read as follows:
3 § 603-a. Public harm mitigation assessment tax. In addition to any
4 other tax imposed by this article, there is hereby imposed for each
5 taxable year a separate tax assessment on covered compensation payments
6 received by any resident individual, estate or trust during such taxable
7 year received from any federal program, settlement fund, reimbursement
8 program, pardon-related compensation initiative or similar federally
9 funded mechanism established to compensate individuals for claims aris-
10 ing from investigation, prosecution, incarceration, pardon, commutation
11 or alleged political targeting connected to conduct during the events of
12 January sixth, two thousand twenty-one at the United States capitol
13 building. Such tax assessment shall be equal to one hundred percent of
14 the gross amount of such compensation payment and shall not be reduced
15 pursuant to any deduction, exemption, or credit otherwise authorized
16 pursuant to law.
17 § 2. The state finance law is amended by adding a new section 92-kk
18 to read as follows:
19 § 92-kk. Public harm mitigation fund. 1. There is hereby established
20 in the joint custody of the state comptroller and the commissioner of
21 taxation and finance a fund to be known as the public harm mitigation
22 fund.
23 2. The public harm mitigation fund shall consist of the revenues
24 derived from the public harm mitigation assessment tax imposed by
25 section six hundred three-a of the tax law.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD16023-01-6
A. 11591 2
1 3. Moneys in the public harm mitigation fund shall be kept separate
2 and shall not be commingled with any other moneys in the custody of the
3 state comptroller and the commissioner of taxation and finance and shall
4 only be expended for the purposes set forth in this section.
5 4. Moneys in the fund, following appropriation by the legislature,
6 shall be administered by the department of homeland security and emer-
7 gency services for:
8 (a) services for victims of political violence and domestic extremism;
9 (b) security and preparedness initiatives protecting democratic insti-
10 tutions and election infrastructure; and
11 (c) in consultation and coordination with the commissioner of educa-
12 tion, grants for educational programming and instructional materials to
13 support civic education and historical instruction initiatives concern-
14 ing the January sixth, two thousand twenty-one attack on the United
15 States Capitol and the importance of constitutional governance and demo-
16 cratic institutions.
17 5. Any moneys remaining in the fund at the end of any fiscal year
18 shall be retained by such fund for expenditure in a succeeding year.
19 § 3. This act shall take effect immediately.
