Relates to treatment of gains from qualified opportunity zones in calculating taxable income
Summary
Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.
Bill status
passed
3 of 5 stages cleared
Introduction
Jan 2023
Committee Review
May 2024
Senate Passage
May 2024
Assembly Passage
Governor
Introduced Jan 5, 2023
Last action May 13, 2024
Floor votes · Senate May 13, 2024
How they voted
41–20
Passed · 1 other
Total votes 62
May 13, 2024
D
Democratic41
100% Yea
R
Republican21
95% Nay
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
21
Key actions
5
Committee
6
Amendments
3
May 13, 2024
Committee
REFERRED TO WAYS AND MEANS
lower
May 13, 2024
Upper · Passed
PASSED SENATE
upper
May 7, 2024
Upper · Passed
AMENDED 543B
upper
Feb 27, 2024
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Jan 4, 2024
Upper · Passed
PRINT NUMBER 543A
upper
Jan 4, 2024
Upper · Passed
AMEND AND RECOMMIT TO BUDGET AND REVENUE
upper
Jan 3, 2024
Committee
REFERRED TO BUDGET AND REVENUE
upper
May 30, 2023
Committee
REFERRED TO WAYS AND MEANS
lower
May 30, 2023
Upper · Passed
PASSED SENATE
upper
Mar 1, 2023
Committee
REPORTED AND COMMITTED TO FINANCE
upper
Jan 5, 2023
Committee
REFERRED TO BUDGET AND REVENUE
upper
1 primary · 3 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about S 543
Scope: NY
Hi! I can help you understand S 543. 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