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New York · 2025 Regular Session · Bill

S 7876: Relates to the itemized deduction for gambling losses

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 7876 is a bill introduced in the New York Senate on May 13, 2025. According to its official title, it concerns: Relates to the itemized deduction for gambling losses. Primary sponsor: Andrew Gounardes (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 that the New York itemized deduction for gambling losses shall be zero percent of the amount allowed under the internal revenue code.

Sponsors

Sponsors by party (alphabetical): Democratic 1

NameRolePartyChamberDistrict
Andrew GounardesPrimary sponsorDemocraticSenate26

“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. REPORTED AND COMMITTED TO FINANCE
  3. REFERRED TO BUDGET AND REVENUE

Sources

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