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New York · 2025 Regular Session · Bill

A 3632: Establishes a billionaire mark-to-market tax

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 3632 is a bill introduced in the New York House on January 29, 2025. According to its official title, it concerns: Establishes a billionaire mark-to-market tax. Primary sponsor: Anna Kelles (Democratic/Working Families). It lists 25 additional sponsors. Most recent recorded action (January 7, 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.

Establishes a billionaire mark-to-market tax taxing residents with one billion dollars or more in net assets.

Sponsors

Sponsors by party (alphabetical): Democratic 16 · Democratic/Working Families 9

NameRolePartyChamberDistrict
Anna KellesPrimary sponsorDemocratic/Working FamiliesHouse125
Khaleel AndersonCo-sponsorDemocratic/Working FamiliesHouse31
Robert CarrollCo-sponsorDemocraticHouse44
Catalina CruzCo-sponsorDemocraticHouse39
Maritza DavilaCo-sponsorDemocraticHouse53
Harvey EpsteinCo-sponsorNot applicable (committee)——
Phara Souffrant ForrestCo-sponsorDemocraticHouse57
Emily GallagherCo-sponsorDemocraticHouse50
Jessica González-RojasCo-sponsorDemocratic/Working FamiliesHouse34
Rodneyse Bichotte HermelynCo-sponsorDemocraticHouse42
Dana LevenbergCo-sponsorDemocratic/Working FamiliesHouse95
Demond MeeksCo-sponsorDemocratic/Working FamiliesHouse137
Marcela MitaynesCo-sponsorDemocratic/Working FamiliesHouse51
Diana MorenoCo-sponsorDemocratic/Working FamiliesHouse36
Steven RagaCo-sponsorDemocraticHouse30
Phil RamosCo-sponsorDemocraticHouse6
Karines ReyesCo-sponsorDemocraticHouse87
Linda RosenthalCo-sponsorDemocraticHouse67
Manny De Los SantosCo-sponsorDemocraticHouse72
Nader SayeghCo-sponsorDemocraticHouse90
Rebecca SeawrightCo-sponsorDemocraticHouse76
Sarahana ShresthaCo-sponsorDemocratic/Working FamiliesHouse103
Jo Anne SimonCo-sponsorDemocraticHouse52
Tony SimoneCo-sponsorDemocraticHouse75
Claire ValdezCo-sponsorDemocratic/Working FamiliesHouse37
Latrice WalkerCo-sponsorDemocraticHouse55

“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
  2. REFERRED TO WAYS AND MEANS

Sources

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