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New York · 2025 Regular Session · Bill

A 4618: Establishes business franchise and personal income tax credits for capital investments made in certain small businesses

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 4618 is a bill introduced in the New York House on February 4, 2025. According to its official title, it concerns: Establishes business franchise and personal income tax credits for capital investments made in certain small businesses. Primary sponsor: Joe Sempolinski (Republican/Conservative). 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 business franchise and personal income tax credits for capital investments made in certain small businesses.

Sponsors

Sponsors by party (alphabetical): Republican/Conservative 1

NameRolePartyChamberDistrict
Joe SempolinskiPrimary sponsorRepublican/ConservativeHouse148

“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