New York · 2025 Regular Session · Bill

S 4766: Relates to creating a tax deduction for certain capital gains

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

Plain-language summary

S 4766 is a bill introduced in the New York Senate on February 12, 2025. According to its official title, it concerns: Relates to creating a tax deduction for certain capital gains. Primary sponsor: Jamaal Bailey (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO BUDGET AND REVENUE.

Sponsors

Primary sponsor: Jamaal Bailey (Democratic/Working Families).