S 3343 New York Senate · 2021 Regular Session

Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater

Summary
Increases the tax exemption for pensions and annuities for persons age fifty-nine and one-half or greater from $20,000 to $25,000 in 2023, $30,000 in 2024, $35,000 in 2025 and $40,000 for each subsequent year.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2021
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2021 Last action Jan 5, 2022
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
Jan 28, 2021
Committee
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
SF
Simcha Felder
DDemocratic
NY
22