New York · 2025 Regular Session · Bill
S 231: Exempts from state income taxation the first $250,000 earned by four-year college graduates or the first $150,000 earned by two-year graduates
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 231 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Exempts from state income taxation the first $250,000 earned by four-year college graduates or the first $150,000 earned by two-year graduates. Primary sponsor: Jim Tedisco (Republican/Conservative). Most recent recorded action (January 7, 2026): REFERRED TO BUDGET AND REVENUE.
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.
Enacts the graduate outreach assistance law to exempt from state income taxation the first two hundred fifty thousand dollars, with a fifty thousand dollar cap per year, earned by a four-year college graduate and the first one hundred fifty thousand dollars, with a twenty-five thousand dollar cap per year, earned by a two-year college graduate.
Sponsors
Sponsors by party (alphabetical): Republican/Conservative 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Jim Tedisco | Primary sponsor | Republican/Conservative | Senate | 44 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- REFERRED TO BUDGET AND REVENUE
- REFERRED TO BUDGET AND REVENUE