A 11503 New York Assembly · 2025 Regular Session

Assesses a separate tax on distributions from designated settlement funds

Summary
Assesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2026
Committee Review
Floor Vote
Governor
Introduced May 28, 2026 Last action May 28, 2026
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Full legislative history

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Total actions
1
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0
Committee
1
May 28, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
1 primary · 4 co-sponsors

Sponsors