STATE OF NEW YORK
________________________________________________________________________
3914
2025-2026 Regular Sessions
IN SENATE
January 30, 2025
___________
Introduced by Sen. MARTINS -- read twice and ordered printed, and when
printed to be committed to the Committee on Budget and Revenue
AN ACT to amend the tax law, in relation to subtracting from federal
adjusted gross income any overtime compensation earned by an individ-
ual
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) Any overtime compensation received by an individual, to the
4 extent includible in gross income for federal income tax purposes. For
5 purposes of this paragraph, "overtime compensation" shall mean wages
6 earned for time an individual worked beyond such individual's normal
7 scheduled working hours.
8 § 2. This act shall take effect immediately and shall apply to taxable
9 years beginning on and after January 1, 2026.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07557-01-5
