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New York · 2025 Regular Session · Bill

A 11503: Assesses a separate tax on distributions from designated settlement funds

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

A 11503 is a bill introduced in the New York House on May 28, 2026. According to its official title, it concerns: Assesses a separate tax on distributions from designated settlement funds. Primary sponsor: Alex Bores (Democratic/Working Families). It lists 4 additional sponsors. Most recent recorded action (May 28, 2026): REFERRED TO WAYS AND MEANS.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

Assesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.

Sponsors

Sponsors by party (alphabetical): Democratic 2 · Democratic/Working Families 3

NameRolePartyChamberDistrict
Alex BoresPrimary sponsorDemocratic/Working FamiliesHouse73
Landon DaisCo-sponsorDemocraticHouse77
Dana LevenbergCo-sponsorDemocratic/Working FamiliesHouse95
MaryJane ShimskyCo-sponsorDemocratic/Working FamiliesHouse92
Tony SimoneCo-sponsorDemocraticHouse75

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. REFERRED TO WAYS AND MEANS

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source