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S01980 Summary:
BILL NO | S01980 |
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SAME AS | SAME AS A03690 |
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SPONSOR | HOYLMAN-SIGAL |
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COSPNSR | BRISPORT, CLEARE, FERNANDEZ, GONZALEZ, HINCHEY, JACKSON, MYRIE, PARKER, RAMOS, RIVERA, SALAZAR, SANDERS, SERRANO |
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MLTSPNSR | |
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Amd §§208, 210, 210-A & 606, add §608, Tax L | |
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Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income. |