New YorkRelates to a tax deduction for small business employers for certain wages and compensation paid to employees earning minimum wage
What it does
Provides a tax deduction for small business employers of 25% of the wages, salary or compensation paid to up to ten employees who earn up to 110% of the minimum wage.
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 7REFERRED TO BUDGET AND REVENUELatest
- 2025
- Jan 23REFERRED TO BUDGET AND REVENUEIntroduced