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New York · 2025 Regular Session · Bill

S 1237: Relates to rebates for stock transfer tax paid; repealer

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

S 1237 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Relates to rebates for stock transfer tax paid; repealer. Primary sponsor: James Sanders (Democratic). It lists 18 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO FINANCE.

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.

Repeals the rebates for stock transfer tax paid; dedicates funds of the stock transfer tax fund and stock transfer incentive fund to various funds; establishes the safe water and infrastructure action program.

Sponsors

Sponsors by party (alphabetical): Democratic 8 · Democratic/Working Families 9

NameRolePartyChamberDistrict
James SandersPrimary sponsorDemocraticSenate10
Jabari BrisportCo-sponsorDemocratic/Working FamiliesSenate25
Cordell CleareCo-sponsorDemocraticSenate30
Leroy ComrieCo-sponsorDemocraticSenate14
Pat FahyCo-sponsorDemocraticSenate46
Nathalia FernándezCo-sponsorDemocraticSenate34
Michael GianarisCo-sponsorNot applicable (committee)——
Kristen GonzalezCo-sponsorDemocratic/Working FamiliesSenate59
Brad Hoylman-SigalCo-sponsorNot applicable (committee)——
Robert JacksonCo-sponsorDemocratic/Working FamiliesSenate31
Rachel MayCo-sponsorDemocratic/Working FamiliesSenate48
Zellnor MyrieCo-sponsorDemocraticSenate20
Kevin ParkerCo-sponsorDemocratic/Working FamiliesSenate21
Jessica RamosCo-sponsorDemocratic/Working FamiliesSenate13
Gustavo RiveraCo-sponsorDemocratic/Working FamiliesSenate33
Julia SalazarCo-sponsorDemocratic/Working FamiliesSenate18
Luis SepúlvedaCo-sponsorDemocraticSenate32
Jose SerranoCo-sponsorDemocratic/Working FamiliesSenate29
Toby StaviskyCo-sponsorDemocraticSenate11

“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 FINANCE
  2. PRINT NUMBER 1237A
  3. AMEND AND RECOMMIT TO FINANCE
  4. REFERRED TO FINANCE

Sources

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