New York · 2025 Regular Session · Bill

S 1556: Relates to indexing personal income taxes to the cost of living adjustment; repealer

In committee Last action January 7, 2026: REFERRED TO BUDGET AND REVENUE

Plain-language summary

S 1556 is a bill introduced in the New York Senate on January 10, 2025. According to its official title, it concerns: Relates to indexing personal income taxes to the cost of living adjustment; repealer. Primary sponsor: Tony Palumbo (Republican). It lists 5 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO BUDGET AND REVENUE.

Sponsors

Primary sponsor: Tony Palumbo (Republican). 5 co-sponsors.