Allows trustee to allocate to income gains from the sale or exchange of a capital asset to the extent the principal is re-characterized as income
Summary
Allows a trustee to allocate to income gains from the sale or exchange of a capital asset to the extent the principal is re-characterized as income.
Bill status
died
3 of 5 stages cleared
Introduction
Mar 2017
Committee Review
Jan 2018
Senate Passage
Jun 2017
Assembly Passage
Governor
Introduced Mar 3, 2017
Last action Jan 3, 2018
Floor votes
How they voted
This bill passed the Senate. No roll call record of that vote is available.
Full legislative history
Actions timeline
Total actions
9
Key actions
1
Committee
4
Jan 3, 2018
Committee
REFERRED TO JUDICIARY
legislature
Jun 13, 2017
Committee
REFERRED TO JUDICIARY
legislature
Jun 13, 2017
Legislature · Passed
PASSED SENATE
legislature
Jun 5, 2017
Committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
legislature
Mar 3, 2017
Committee
REFERRED TO JUDICIARY
legislature
0 primary · 0 co-sponsors
Sponsors
No sponsor information available.
Ask Maddy
·
AI policy assistant
Ask Maddy about S 4866
Scope: NY
Hi! I can help you understand S 4866. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline