S T A T E O F N E W Y O R K
________________________________________________________________________
1200--A
2025-2026 Regular Sessions
I N A S S E M B L Y
January 9, 2025
___________
Introduced by M. of A. GONZALEZ-ROJAS, RAMOS, ANDERSON, BICHOTTE HERME-
LYN, BORES, K. BROWN, BURDICK, R. CARROLL, CLARK, COLTON, CRUZ,
CUNNINGHAM, DAVILA, DeSTEFANO, EPSTEIN, FALL, FORREST, GALLAGHER,
GIBBS, GLICK, HEVESI, JACKSON, KELLES, KIM, LEE, LEVENBERG, MAMDANI,
MEEKS, MITAYNES, OTIS, RAGA, REYES, RIVERA, ROSENTHAL, ROZIC,
SEAWRIGHT, SHIMSKY, SHRESTHA, SIMON, SIMONE, STERN, STIRPE, WEPRIN,
VALDEZ, O'PHARROW -- read once and referred to the Committee on Labor
-- committee discharged, bill amended, ordered reprinted as amended
and recommitted to said committee
AN ACT to amend the labor law, in relation to providing for minimum wage
requirements for miscellaneous industry workers; and to amend the tax
law, in relation to establishing the one fair wage reimbursement cred-
it
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 196-d of the labor law, as added by chapter 1007 of
the laws of 1968, is amended to read as follows:
§ 196-d. Gratuities. No employer or [his] THEIR agent or an officer or
agent of any corporation, or any other person shall demand or accept,
directly or indirectly, any part of the gratuities, received by an
employee, or retain any part of a gratuity or of any charge purported to
be a gratuity for an employee. This provision shall not apply to the
checking of hats, coats or other apparel. Nothing in this subdivision
shall be construed as affecting the allowances from the minimum wage for
gratuities in the amount determined in accordance with the provisions of
article nineteen of this chapter nor as affecting practices in
connection with banquets and other special functions where a fixed
percentage of the patron's bill is added for gratuities which are
distributed to employees, nor to the sharing of tips by a [waiter] SERV-
ER, IF THE EMPLOYER TAKES A CREDIT FOR GRATUITIES AS PERMITTED BY SUBDI-
VISION TWO OF SECTION SIX HUNDRED FIFTY-TWO OF THIS CHAPTER with a
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01382-03-5
A. 1200--A 2
[busboy] BUSSER or similar employee, OR, IF THE EMPLOYER DOES NOT TAKE A
CREDIT FOR GRATUITIES AS PERMITTED BY SUBDIVISION TWO OF SECTION SIX
HUNDRED FIFTY-TWO OF THIS CHAPTER, WITH ANY OTHER NON-MANAGERIAL AND
NON-SUPERVISORY EMPLOYEES.
§ 2. Section 651 of the labor law is amended by adding a new subdivi-
sion 10 to read as follows:
10. "MISCELLANEOUS INDUSTRY WORKER" MEANS ANY EMPLOYEE COVERED BY THE
MINIMUM WAGE ORDER FOR MISCELLANEOUS INDUSTRIES AND OCCUPATIONS PURSUANT
TO THE PROVISIONS OF 12 NYCRR PART 142, INCLUDING, BUT NOT LIMITED TO,
CAR WASH ATTENDANTS, NAIL SALON WORKERS, TOW TRUCK DRIVERS, DOG GROOM-
ERS, WEDDING PLANNERS, TOUR GUIDES, VALET PARKING ATTENDANTS, HAIRDRES-
SERS, AESTHETICIANS, GOLF AND TENNIS INSTRUCTORS, AND DOOR-PERSONS.
§ 3. Subdivisions 2 and 4 of section 652 of the labor law, as amended
by section 3 of part S of chapter 56 of the laws of 2023, are amended to
read as follows:
2. Existing wage orders. The minimum wage orders in effect on the
effective date of this act shall remain in full force and effect, except
as modified in accordance with the provisions of this article; provided,
however, that the minimum wage order for farm workers codified at part
one hundred ninety of title twelve of the New York code of rules and
regulations in effect on January first, two thousand twenty shall be
deemed to be a wage order established and adopted under this article and
shall remain in full force and effect except as modified in accordance
with the provisions of this article or article nineteen-A of this chap-
ter.
Such minimum wage orders shall be modified by the commissioner to
increase all monetary amounts specified therein in the same proportion
as the increase in the hourly minimum wage as provided in subdivisions
one, one-a, and one-b of this section, including the amounts specified
in such minimum wage orders as allowances for gratuities, and when
furnished by the employer to its employees, for meals, lodging, apparel
and other such items, services and facilities, EXCEPT THAT THE HOURLY
CASH WAGE FOR FOOD SERVICE WORKERS, SERVICE EMPLOYEES AND MISCELLANEOUS
INDUSTRY WORKERS WHO RECEIVE TIPS SHALL NOT BE LESS THAN THE CASH WAGE
AS PROVIDED IN SUBDIVISION FOUR OF THIS SECTION, AND THE MAXIMUM CREDIT
FOR TIPS IN MINIMUM WAGE ORDERS SHALL BE MODIFIED SO THAT SUCH CREDIT,
WHEN COMBINED WITH SUCH CASH WAGE, IS EQUAL TO THE MINIMUM WAGE, AND THE
HOURLY CASH WAGE FOR MISCELLANEOUS INDUSTRY WORKERS SHALL NOT BE LESS
THAN THE CASH WAGE AS PROVIDED IN SUBDIVISION FOUR OF THIS SECTION. All
amounts so modified shall be rounded off to the nearest five cents. The
modified orders shall be promulgated by the commissioner without a
public hearing, and without reference to a wage board, and shall become
effective on the effective date of such increases in the minimum wage
except as otherwise provided in this subdivision, notwithstanding any
other provision of this article.
4. [Notwithstanding subdivisions one, one-a, one-b, and two of this
section, the wage for an employee who is a food service worker receiving
tips shall be a cash wage of at least two-thirds of the minimum wage
rates set forth in subdivision one of this section, rounded to the near-
est five cents or seven dollars and fifty cents, whichever is higher,
provided that the tips of such an employee, when added to such cash
wage, are equal to or exceed the minimum wage in effect pursuant to
subdivisions one, one-a, and one-b of this section and provided further
that no other cash wage is established pursuant to section six hundred
fifty-three of this article] (A) NOTWITHSTANDING SUBDIVISIONS ONE AND
TWO OF THIS SECTION AND SECTION SIX HUNDRED FIFTY-THREE OF THIS ARTICLE,
A. 1200--A 3
THE WAGE FOR AN EMPLOYEE WHO IS A FOOD SERVICE WORKER OR SERVICE EMPLOY-
EE RECEIVING TIPS AND PAID PURSUANT TO THE PROVISIONS OF 12 NYCRR PART
146 SHALL BE, FOR EACH HOUR WORKED IN THE CITY OF NEW YORK, A CASH WAGE
OF NOT LESS THAN:
$12.77 PER HOUR ON AND AFTER JANUARY 1, 2026;
$14.88 PER HOUR ON AND AFTER JANUARY 1, 2027;
$17.00 PER HOUR ON AND AFTER JANUARY 1, 2028, AND BEGINNING ON JANUARY
FIRST, TWO THOUSAND TWENTY-NINE, A CASH WAGE RATE ESTABLISHED BY THE
COMMISSIONER ANNUALLY, INDEXED TO INFLATION AS DESCRIBED IN SUBDIVISION
ONE-B OF THIS SECTION.
(B) NOTWITHSTANDING SUBDIVISIONS ONE AND TWO OF THIS SECTION AND
SECTION SIX HUNDRED FIFTY-THREE OF THIS ARTICLE, THE WAGE FOR AN EMPLOY-
EE WHO IS A FOOD SERVICE WORKER OR SERVICE EMPLOYEE RECEIVING TIPS AND
PAID PURSUANT TO THE PROVISIONS OF 12 NYCRR PART 146 SHALL BE, FOR EACH
HOUR WORKED IN THE COUNTIES OF NASSAU, SUFFOLK AND WESTCHESTER, A CASH
WAGE OF NOT LESS THAN:
$12.77 PER HOUR ON AND AFTER JANUARY 1, 2026;
$14.88 PER HOUR ON AND AFTER JANUARY 1, 2027;
$17.00 PER HOUR ON AND AFTER JANUARY 1, 2028, AND BEGINNING ON JANUARY
FIRST, TWO THOUSAND TWENTY-NINE, A CASH WAGE RATE ESTABLISHED BY THE
COMMISSIONER ANNUALLY, INDEXED TO INFLATION AS DESCRIBED IN SUBDIVISION
ONE-B OF THIS SECTION.
(C) NOTWITHSTANDING SUBDIVISIONS ONE AND TWO OF THIS SECTION AND
SECTION SIX HUNDRED FIFTY-THREE OF THIS ARTICLE, THE WAGE FOR AN EMPLOY-
EE WHO IS A FOOD SERVICE WORKER OR SERVICE EMPLOYEE RECEIVING TIPS AND
PAID PURSUANT TO THE PROVISIONS OF 12 NYCRR PART 146 SHALL BE, FOR EACH
HOUR WORKED OUTSIDE THE CITY OF NEW YORK AND THE COUNTIES OF NASSAU,
SUFFOLK AND WESTCHESTER, A CASH WAGE OF NOT LESS THAN:
$11.50 PER HOUR ON AND AFTER JANUARY 1, 2026;
$13.00 PER HOUR ON AND AFTER JANUARY 1, 2027;
$14.50 PER HOUR ON AND AFTER JANUARY 1, 2028;
$16.00 PER HOUR ON AND AFTER JANUARY 1, 2029, AND BEGINNING ON JANUARY
FIRST, TWO THOUSAND THIRTY, A CASH WAGE RATE ESTABLISHED BY THE COMMIS-
SIONER ANNUALLY, INDEXED TO INFLATION AS DESCRIBED IN SUBDIVISION ONE-B
OF THIS SECTION.
(D) NOTWITHSTANDING SUBDIVISIONS ONE AND TWO OF THIS SECTION, THE WAGE
FOR AN EMPLOYEE WHO IS A MISCELLANEOUS INDUSTRY WORKER RECEIVING TIPS
AND PAID PURSUANT TO THE PROVISIONS OF 12 NYCRR PART 142 SHALL BE FOR
EACH HOUR WORKED IN THE CITY OF NEW YORK, A CASH WAGE OF NOT LESS THAN
THE CASH WAGE RATE AS DESCRIBED IN PARAGRAPH (A) OF SUBDIVISION ONE-A OF
THIS SECTION.
(E) NOTWITHSTANDING SUBDIVISIONS ONE AND TWO OF THIS SECTION, THE WAGE
FOR AN EMPLOYEE WHO IS A MISCELLANEOUS INDUSTRY WORKER RECEIVING TIPS
AND PAID PURSUANT TO THE PROVISIONS OF 12 NYCRR PART 142 SHALL BE FOR
EACH HOUR WORKED IN THE COUNTIES OF NASSAU, SUFFOLK AND WESTCHESTER, A
CASH WAGE OF NOT LESS THAN THE CASH WAGE RATE AS DESCRIBED IN PARAGRAPH
(B) OF SUBDIVISION ONE-A OF THIS SECTION.
(F) NOTWITHSTANDING SUBDIVISIONS ONE AND TWO OF THIS SECTION, THE WAGE
FOR AN EMPLOYEE WHO IS A MISCELLANEOUS INDUSTRY WORKER RECEIVING TIPS
AND PAID PURSUANT TO THE PROVISIONS OF 12 NYCRR PART 142 SHALL BE FOR
EACH HOUR WORKED OUTSIDE THE CITY OF NEW YORK AND THE COUNTIES OF
NASSAU, SUFFOLK AND WESTCHESTER, A CASH WAGE OF NOT LESS THAN THE CASH
WAGE RATE AS DESCRIBED IN PARAGRAPH (C) OF SUBDIVISION ONE-A OF THIS
SECTION.
§ 4. Subdivision 2 of section 653 of the labor law, as added by chap-
ter 14 of the laws of 2000, is amended to read as follows:
A. 1200--A 4
(2) The commissioner shall, within six months after enactment of any
change in the statutory minimum wage set forth in subdivision one of
section six hundred fifty-two of this article, appoint a wage board to
inquire and report and recommend any changes to wage orders governing
wages payable to food service workers. Such wage board shall be estab-
lished consistent with the provisions of subdivision one of section six
hundred fifty-five of this article, except the representatives of the
employees shall be selected upon the nomination of the state American
Federation of Labor/Congress of Industrial Organizations; and provided,
further, that the representatives of the employers shall be selected
upon the nomination of the New York State Business Council. [Any wage
order authorizing a lesser wage than the previously and statutorily
mandated minimum wage for such employees shall be reviewed by the wage
board to ascertain at what level such wage order is sufficient to
provide adequate maintenance and to protect the health and livelihood of
employees subject to such a wage order after a statutory increase in the
mandated minimum wage] NOTWITHSTANDING SECTION SIX HUNDRED FIFTY-FIVE OF
THIS ARTICLE, A WAGE ORDER UNDER THIS SUBDIVISION SHALL NOT AUTHORIZE A
LESSER WAGE THAN THE PREVIOUSLY AND STATUTORILY MANDATED MINIMUM WAGE
FOR SUCH EMPLOYEES.
§ 5. The tax law is amended by adding a new section 50 to read as
follows:
§ 50. ONE FAIR WAGE REIMBURSEMENT CREDIT. (A) GENERAL. (1) A TAXPAYER
SUBJECT TO TAX UNDER ARTICLE NINE-A, TWENTY-TWO, OR THIRTY-THREE OF THIS
CHAPTER WHO IS AN EMPLOYER WHO PAYS WAGES AT RATES PURSUANT TO SUBDIVI-
SION FOUR OF SECTION SIX HUNDRED FIFTY-TWO OF THE LABOR LAW SHALL BE
ALLOWED A CREDIT AGAINST SUCH TAX IN AN AMOUNT TO BE CALCULATED AS
FOLLOWS:
(I) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND TWENTY-SIX AND BEFORE JANUARY FIRST, TWO THOUSAND TWENTY-SEVEN, THE
AMOUNT OF THE CREDIT ALLOWED UNDER THIS SECTION SHALL BE EQUAL TO THE
PRODUCT OF THE TOTAL NUMBER OF HOURS DURING THE TAXABLE YEAR WORKED BY
ELIGIBLE EMPLOYEES FOR WHICH THEY WERE PAID AT THE MINIMUM WAGE RATE AS
DEFINED IN SUBDIVISION FOUR OF SECTION SIX HUNDRED FIFTY-TWO OF THE
LABOR LAW AND ONE DOLLAR AND FIFTY CENTS.
(II) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND TWENTY-SEVEN AND BEFORE JANUARY FIRST, TWO THOUSAND TWENTY-EIGHT,
THE AMOUNT OF THE CREDIT ALLOWED UNDER THIS SECTION SHALL BE EQUAL TO
THE PRODUCT OF THE TOTAL NUMBER OF HOURS DURING THE TAXABLE YEAR WORKED
BY ELIGIBLE EMPLOYEES FOR WHICH THEY WERE PAID AT THE MINIMUM WAGE RATE
AS DEFINED IN SUBDIVISION FOUR OF SECTION SIX HUNDRED FIFTY-TWO OF THE
LABOR LAW AND ONE DOLLAR AND THIRTY CENTS.
(III) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND TWENTY-EIGHT AND BEFORE JANUARY FIRST, TWO THOUSAND TWENTY-NINE,
THE AMOUNT OF THE CREDIT ALLOWED UNDER THIS SECTION SHALL BE EQUAL TO
THE PRODUCT OF THE TOTAL NUMBER OF HOURS DURING THE TAXABLE YEAR WORKED
BY ELIGIBLE EMPLOYEES FOR WHICH THEY WERE PAID AT THE MINIMUM WAGE RATE
AS DEFINED IN SUBDIVISION FOUR OF SECTION SIX HUNDRED FIFTY-TWO OF THE
LABOR LAW AND ONE DOLLAR AND TWENTY CENTS.
(IV) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND TWENTY-NINE AND BEFORE JANUARY FIRST, TWO THOUSAND THIRTY, THE
AMOUNT OF THE CREDIT ALLOWED UNDER THIS SECTION SHALL BE EQUAL TO THE
PRODUCT OF THE TOTAL NUMBER OF HOURS DURING THE TAXABLE YEAR WORKED BY
ELIGIBLE EMPLOYEES FOR WHICH THEY WERE PAID AT THE MINIMUM WAGE RATE AS
DEFINED IN SUBDIVISION FOUR OF SECTION SIX HUNDRED FIFTY-TWO OF THE
LABOR LAW AND ONE DOLLAR AND TEN CENTS.
A. 1200--A 5
(V) FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOU-
SAND THIRTY AND BEFORE JANUARY FIRST, TWO THOUSAND THIRTY-ONE, THE
AMOUNT OF THE CREDIT ALLOWED UNDER THIS SECTION SHALL BE EQUAL TO THE
PRODUCT OF THE TOTAL NUMBER OF HOURS DURING THE TAXABLE YEAR WORKED BY
ELIGIBLE EMPLOYEES FOR WHICH THEY WERE PAID AT THE MINIMUM WAGE RATE AS
DEFINED IN SUBDIVISION FOUR OF SECTION SIX HUNDRED FIFTY-TWO OF THE
LABOR LAW AND ONE DOLLAR.
(2) IN ADDITION, IF THE FEDERAL MINIMUM WAGE IS INCREASED ABOVE EIGHT-
Y-FIVE PERCENT OF THE MINIMUM WAGE RATE AS DEFINED IN SUBDIVISION FOUR
OF SECTION SIX HUNDRED FIFTY-TWO OF THE LABOR LAW, THE DOLLAR AMOUNTS IN
THIS SUBDIVISION SHALL BE REDUCED TO THE DIFFERENCE BETWEEN THE MINIMUM
WAGE RATE AS DEFINED IN SUBDIVISION FOUR OF SECTION SIX HUNDRED FIFTY-
TWO OF THE LABOR LAW AND THE FEDERAL MINIMUM WAGE. SUCH REDUCTION SHALL
TAKE EFFECT ON THE DATE THAT EMPLOYERS ARE REQUIRED TO PAY SUCH FEDERAL
MINIMUM WAGE.
(B) DEFINITIONS. THE TERM "ELIGIBLE EMPLOYEE" SHALL MEAN AN EMPLOYEE
WHOSE WAGES ARE SET PURSUANT TO SUBDIVISION FOUR OF SECTION SIX HUNDRED
FIFTY-TWO OF THE LABOR LAW.
(C) CROSS-REFERENCES. FOR APPLICATION OF THE CREDIT PROVIDED FOR IN
THIS SECTION, SEE THE FOLLOWING PROVISIONS OF THIS CHAPTER:
(1) ARTICLE 9-A: SECTION 210-B, SUBDIVISION 61;
(2) ARTICLE 22: SECTION 606, SUBSECTIONS (I) AND (QQQ);
(3) ARTICLE 33: SECTION 1511, SUBDIVISION (FF).
§ 6. Section 210-B of the tax law is amended by adding a new subdivi-
sion 61 to read as follows:
61. ONE FAIR WAGE REIMBURSEMENT CREDIT. (A) ALLOWANCE OF CREDIT. A
TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN
SECTION FIFTY OF THIS CHAPTER, AGAINST THE TAX IMPOSED BY THIS ARTICLE.
(B) APPLICATION OF CREDIT. THE CREDIT ALLOWED UNDER THIS SUBDIVISION
FOR ANY TAXABLE YEAR MAY NOT REDUCE THE TAX DUE FOR SUCH YEAR TO LESS
THAN THE AMOUNT PRESCRIBED IN PARAGRAPH (D) OF SUBDIVISION ONE OF
SECTION TWO HUNDRED TEN OF THIS ARTICLE. HOWEVER, IF THE AMOUNT OF THE
CREDIT ALLOWED UNDER THIS SUBDIVISION FOR ANY TAXABLE YEAR REDUCES THE
TAX TO SUCH AMOUNT OR IF THE TAXPAYER OTHERWISE PAYS TAX BASED ON THE
FIXED DOLLAR MINIMUM AMOUNT, ANY AMOUNT OF CREDIT THUS NOT DEDUCTIBLE IN
SUCH TAXABLE YEAR WILL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDIT-
ED OR REFUNDED IN ACCORDANCE WITH THE PROVISIONS OF SECTION ONE THOUSAND
EIGHTY-SIX OF THIS CHAPTER. PROVIDED, HOWEVER, THE PROVISIONS OF
SUBSECTION (C) OF SECTION ONE THOUSAND EIGHTY-EIGHT OF THIS CHAPTER
NOTWITHSTANDING, NO INTEREST SHALL BE PAID THEREON.
§ 7. Subparagraph (B) of paragraph 1 of subdivision (i) of section 606
of the tax law is amended by adding a new clause (lii) to read as
follows:
(LII) ONE FAIR WAGE AMOUNT OF CREDIT UNDER
REIMBURSEMENT CREDIT SUBDIVISION SIXTY-ONE OF
UNDER SUBSECTION (QQQ) SECTION TWO HUNDRED TEN-B
§ 8. Section 606 of the tax law is amended by adding a new subsection
(qqq) to read as follows:
(QQQ) ONE FAIR WAGE REIMBURSEMENT CREDIT. (1) ALLOWANCE OF CREDIT. A
TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN
SECTION FIFTY OF THIS CHAPTER, AGAINST THE TAX IMPOSED BY THIS ARTICLE.
(2) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT ALLOWED UNDER
THIS SUBSECTION FOR ANY TAXABLE YEAR EXCEEDS THE TAXPAYER'S TAX FOR SUCH
YEAR, THE EXCESS WILL BE TREATED AS AN OVERPAYMENT OF TAX TO BE CREDITED
A. 1200--A 6
OR REFUNDED IN ACCORDANCE WITH THE PROVISIONS OF SECTION SIX HUNDRED
EIGHTY-SIX OF THIS ARTICLE, PROVIDED, HOWEVER, THAT NO INTEREST WILL BE
PAID THEREON.
§ 9. Section 1511 of the tax law is amended by adding a new subdivi-
sion (ff) to read as follows:
(FF) ONE FAIR WAGE REIMBURSEMENT CREDIT. (1) ALLOWANCE OF CREDIT. A
TAXPAYER SHALL BE ALLOWED A CREDIT, TO BE COMPUTED AS PROVIDED IN
SECTION FIFTY OF THIS CHAPTER, AGAINST THE TAX IMPOSED BY THIS ARTICLE.
(2) APPLICATION OF CREDIT. THE CREDIT ALLOWED UNDER THIS SUBDIVISION
SHALL NOT REDUCE THE TAX DUE FOR SUCH YEAR TO BE LESS THAN THE MINIMUM
FIXED BY PARAGRAPH FOUR OF SUBDIVISION (A) OF SECTION FIFTEEN HUNDRED
TWO OR SECTION FIFTEEN HUNDRED TWO-A OF THIS ARTICLE, WHICHEVER IS
APPLICABLE. HOWEVER, IF THE AMOUNT OF THE CREDIT ALLOWED UNDER THIS
SUBDIVISION FOR ANY TAXABLE YEAR REDUCES THE TAXPAYER'S TAX TO SUCH
AMOUNT, ANY AMOUNT OF CREDIT THUS NOT DEDUCTIBLE WILL BE TREATED AS AN
OVERPAYMENT OF TAX TO BE CREDITED OR REFUNDED IN ACCORDANCE WITH THE
PROVISIONS OF SECTION ONE THOUSAND EIGHTY-SIX OF THIS CHAPTER. PROVIDED,
HOWEVER, THE PROVISIONS OF SUBSECTION (C) OF SECTION ONE THOUSAND EIGHT-
Y-EIGHT OF THIS CHAPTER NOTWITHSTANDING, NO INTEREST SHALL BE PAID THER-
EON.
§ 10. Severability clause. If any clause, sentence, paragraph, subdi-
vision, section or part of this act shall be adjudged by any court of
competent jurisdiction to be invalid, such judgment shall not affect,
impair, or invalidate the remainder of this act, but shall be confined
in its operation to the clause, sentence, paragraph, subdivision,
section or part of this act directly involved in the controversy in
which such judgment shall have been rendered. It is hereby declared to
be the intent of the legislature that this act would have been enacted
even if such invalid clause, sentence, paragraph, subdivision, section
or part of this act had not been included herein.
§ 11. This act shall take effect immediately and shall apply to taxa-
ble years beginning on and after January 1, 2026.