New York · 2025 Regular Session · Bill

S 5431: Relates to franchise tax on banking corporations

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

Plain-language summary

S 5431 is a bill introduced in the New York Senate on February 21, 2025. According to its official title, it concerns: Relates to franchise tax on banking corporations. Primary sponsor: James Skoufis (Democratic). It lists 2 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO BUDGET AND REVENUE.

Sponsors

Primary sponsor: James Skoufis (Democratic). 2 co-sponsors.