New York 2025-2026 Regular Session

New York Senate Bill S01556

Introduced
1/10/25  
Refer
1/10/25  

Caption

Indexes personal income taxes to the cost of living adjustment beginning in 2026.

Companion Bills

No companion bills found.

Previously Filed As

NY A10738

Provides that income taxes shall be adjusted to account for a cost of living adjustment for certain tax years.

NY S09043

Provides that income taxes shall be adjusted to account for a cost of living adjustment for certain tax years.

NY A08584

Establishes an annual cost of living adjustment for human services programs indexed to inflation.

NY S08160

Increases the base benefit amount for computation of pension cost-of-living adjustments.

NY S07783

Provides increases of cost-of-living adjustments for public retirees; allows increases of up to five percent.

NY SB117

Pera Cost-of-living Adjustments

NY A08211

Authorizes a state personal income tax credit for elementary and secondary school personnel for certain expenses incurred for school related supplies for taxable years beginning on or after January 1, 2026.

NY SB52

Pera Cost-of-living Adjustments

NY H8147

Provides that retirees in the state pension system receive cost of living adjustments compounded into the retiree’s total retirement benefits each year beginning January 1, 2026. This act would be prospective only.

NY S2818

Provides that retirees in the state pension system receive cost of living adjustments compounded into the retiree’s total retirement benefits each year beginning January 1, 2026. This act would be prospective only.

Similar Bills

No similar bills found.