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S07378 Summary:
| BILL NO | S07378 |
| SAME AS | SAME AS A10363 |
| SPONSOR | JACKSON |
| COSPNSR | BAILEY, BENJAMIN, BIAGGI, COMRIE, GIANARIS, GOUNARDES, HOYLMAN, KENNEDY, LIU, MAY, METZGER, MONTGOMERY, MYRIE, PARKER, PERSAUD, RAMOS, RIVERA, SALAZAR, SANDERS, SEPULVEDA, SERRANO |
| MLTSPNSR | |
| Amd §§601 & 171-a, Tax L; amd §92-c, St Fin L | |
| Extends the top state income tax rate to 11.82% for taxpayers whose New York taxable income is over $100,000,000 and establishes new brackets below such top rate, and directs the revenue from such rate increases to foundation aid. | |