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New York · 2025 Regular Session · Bill

A 7654: Raises tax credits for long-term care insurance from twenty percent to fifty percent

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 7654 is a bill introduced in the New York House on April 4, 2025. According to its official title, it concerns: Raises tax credits for long-term care insurance from twenty percent to fifty percent. Primary sponsor: Steve Stern (Democratic). 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.

Raises tax credits for long-term care insurance from twenty percent to fifty percent; applies to the corporation tax, franchise tax on business corporations, personal income tax, and franchise tax on insurance corporations.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Steve SternPrimary sponsorDemocraticHouse10

“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