A 2049 New York Assembly · 2025 Regular Session

Establishes separate taxes on inheritance income and on gift income

Summary
Relates to creating a separate tax on inheritance income, creating a separate tax on gift income, the computation of the estate tax, and creating a gift tax.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
Jan 14, 2025
Committee
REFERRED TO WAYS AND MEANS
lower
1 primary · 31 co-sponsors

Sponsors