Provides that taxpayers in the city of New York with certain lower income levels shall not be subject to city personal income taxation

This bill (S 7306) exempts New York City residents earning below specific income thresholds from city personal income tax. It sets 0% tax rates for: - Married couples filing jointly earning under $21,600 - Heads of household earning under $14,400 - Single individuals earning under $12,000 The law amends existing tax brackets to apply these thresholds for taxable years beginning after 2026, directly affecting lower-income NYC residents by eliminating their city income tax liability within these income ranges.