New York · 2025 Regular Session · Bill
S 323: Imposes a tax related to executive compensation
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 323 is a bill introduced in the New York Senate on January 8, 2025. According to its official title, it concerns: Imposes a tax related to executive compensation. Primary sponsor: James Skoufis (Democratic). It lists 5 additional sponsors. Most recent recorded action (January 7, 2026): REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS.
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.
Requires that certain companies pay an annual tax if the chief executive receives compensation 100 to 250 times greater than the median pay of all their employees.
Sponsors
Sponsors by party (alphabetical): Democratic 2 · Democratic/Working Families 4
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| James Skoufis | Primary sponsor | Democratic | Senate | 42 |
| Robert Jackson | Co-sponsor | Democratic/Working Families | Senate | 31 |
| Liz Krueger | Co-sponsor | Democratic/Working Families | Senate | 28 |
| Gustavo Rivera | Co-sponsor | Democratic/Working Families | Senate | 33 |
| Julia Salazar | Co-sponsor | Democratic/Working Families | Senate | 18 |
| James Sanders | Co-sponsor | Democratic | Senate | 10 |
“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 INVESTIGATIONS AND GOVERNMENT OPERATIONS
- REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS