New York · 2025 Regular Session · Bill

S 7877: Relates to application of net operating losses in the calculation of corporate franchise taxes

In committee Last action February 10, 2026: PRINT NUMBER 7877A

Plain-language summary

S 7877 is a bill introduced in the New York Senate on May 13, 2025. According to its official title, it concerns: Relates to application of net operating losses in the calculation of corporate franchise taxes. Primary sponsor: Andrew Gounardes (Democratic). Most recent recorded action (February 10, 2026): PRINT NUMBER 7877A.

Sponsors

Primary sponsor: Andrew Gounardes (Democratic).