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New York · 2025 Regular Session · Bill

S 6866: Increases the excelsior research and development tax credit

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 6866 is a bill introduced in the New York Senate on March 25, 2025. According to its official title, it concerns: Increases the excelsior research and development tax credit. Primary sponsor: Lea Webb (Democratic/Working Families). Most recent recorded action (January 7, 2026): REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS.

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.

Increases the excelsior research and development tax credit maximum from six to twenty percent.

Sponsors

Sponsors by party (alphabetical): Democratic/Working Families 1

NameRolePartyChamberDistrict
Lea WebbPrimary sponsorDemocratic/Working FamiliesSenate52

“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 COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS
  2. REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

Sources

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