S T A T E O F N E W Y O R K
________________________________________________________________________
829
2025-2026 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 8, 2025
___________
Introduced by M. of A. FORREST, GONZALEZ-ROJAS, REYES, SIMON, CUNNING-
HAM, MAMDANI -- read once and referred to the Committee on Ways and
Means
AN ACT to amend the tax law, in relation to excluding unemployment
compensation benefits from state income tax
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subsection (c) of section 612 of the tax law is amended by
adding a new paragraph 48 to read as follows:
(48) FOR EACH TAXABLE YEAR BEGINNING ON AND AFTER JANUARY FIRST, TWO
THOUSAND TWENTY-FIVE, THE AMOUNT OF ANY UNEMPLOYMENT COMPENSATION
RECEIVED BY A TAXPAYER.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02078-01-5