Relates to personal income taxes in the city of New York

This bill updates New York City's personal income tax rates and expands the city's authority to set its own tax rules for residents. It allows the city to impose a sales tax on specific credit-related services, such as those provided by credit bureaus, while excluding services performed by licensed attorneys. Additionally, the bill establishes new tax brackets for individual filers, including married couples, heads of households, and unmarried individuals, effective for tax years beginning after 2029. The legislation also authorizes cities with over one million residents to adopt separate taxes on lump-sum income distributions and provides a framework for an additional surcharge on city taxable income.