Senator Patrick M. Gallivan, (R-C, Elma) and members of the Senate Minority Conference are proposing a “Keep What You Have Earned” legislative package that, if passed, would deliver real tax relief to all New Yorkers. 

"Making New York more affordable starts with reducing the tax burden residents and businesses face and controlling state spending,” said Senator Gallivan. “Eliminating income tax on tips and overtime combined with these other initiatives will provide much needed tax relief for families, empower workers, and help small businesses succeed."

The Keep What You’ve Earned Legislative Package includes: 

S.9110 - Eliminate state personal income tax on first $50,000 for single filers and $100,000 for married filing jointly. Lower the tax rate to 4% for single filers up to $250,000 and $500,000 for married filing jointly. The proposal provides $37 billion in tax relief to New York residents over its 10-year implementation without having to cut funding from vital state programs as its cost would be absorbed through natural growth of the economy.  

S.3914 – Co-sponsored by Senator Gallivan: No state income tax on overtime.

S.587 – Co-sponsored by Senator Gallivan: No state income tax on tips.

S.1296 – Co-sponsored by Senator Gallivan: Establishes an annual spending growth cap on the State Budget that limits the growth of state operating funds spending. 

S.1487 – Co-sponsored by Senator Gallvan: Reduces the amount small businesses and farms must pay in taxes by increasing the corporate tax threshold from $390,000 to $500,000 and lowering the rate to 2.5%. Expands the small business exemption to all PIT businesses regardless of whether they have employees, increases the threshold to $500,000, increases the exemption to 15%, and increases the exemption to 20% for farmers.

S.5519 – Co-sponsored by Senator Gallivan: Reduce the property tax burden on homeowners by providing for a ten-year state takeover of the local share of Medicaid for local governments subject to the two percent property tax cap. 

S.1308 - Requires a two-thirds vote from each house of the State Legislature to impose or extend taxes, a two-thirds vote from local legislative bodies to impose or extend local taxes, and a two-thirds vote from local legislative bodies requesting an imposition or extension of taxes by the state legislature.

S.8489 - Freezes real property taxes for three years to provide relief to New York homeowners. 

This package is part of the Senate Minority Conference’s broader 2026 legislative agenda entitled “Save New York,” a plan to improve affordability, enhance public safety, and build a stronger New York for today and future generations. 

New Yorkers face some of the highest costs of living in the country. By removing income taxes on the first dollars earned, this bill will help families better afford housing, childcare, and groceries, save for emergencies and retirement, and build their futures here in New York. 

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