S T A T E O F N E W Y O R K
________________________________________________________________________
8965
2025-2026 Regular Sessions
I N A S S E M B L Y
August 13, 2025
___________
Introduced by M. of A. DeSTEFANO -- read once and referred to the
Committee on Ways and Means
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:
Section 1. Subsection (c) of section 612 of the tax law is amended by
adding a new paragraph 48 to read as follows:
(48) ANY OVERTIME COMPENSATION RECEIVED BY AN INDIVIDUAL, TO THE
EXTENT INCLUDIBLE IN GROSS INCOME FOR FEDERAL INCOME TAX PURPOSES. FOR
PURPOSES OF THIS PARAGRAPH, "OVERTIME COMPENSATION" SHALL MEAN WAGES
EARNED FOR TIME AN INDIVIDUAL WORKED BEYOND SUCH INDIVIDUAL'S NORMAL
SCHEDULED WORKING HOURS.
§ 2. This act shall take effect immediately and shall apply to taxable
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