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New York · 2025 Regular Session · Bill

S 7592: Provides for an angel investor income 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 7592 is a bill introduced in the New York Senate on April 23, 2025. According to its official title, it concerns: Provides for an angel investor income tax credit. Primary sponsor: Cordell Cleare (Democratic). 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.

Provides for an angel investor income tax credit for investments in qualified businesses that exceed $25,000.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Cordell ClearePrimary sponsorDemocraticSenate30

“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 BUDGET AND REVENUE
  2. REFERRED TO BUDGET AND REVENUE

Sources

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