New York · 2025 Regular Session · Bill
S 8577: Enacts the "fair share act"
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 8577 is a bill introduced in the New York Senate on November 14, 2025. According to its official title, it concerns: Enacts the "fair share act". Primary sponsor: John Liu (Democratic). It lists 14 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.
Enacts the "fair share act"; authorizes cities imposing city personal income taxes to adopt and amend local laws imposing an additional tax of two percent on the annual city taxable income of city residents, estates and trusts reporting any return in excess of one million dollars.
Sponsors
Sponsors by party (alphabetical): Democratic 6 · Democratic/Working Families 8
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| John Liu | Primary sponsor | Democratic | Senate | 16 |
| Jabari Brisport | Co-sponsor | Democratic/Working Families | Senate | 25 |
| Cordell Cleare | Co-sponsor | Democratic | Senate | 30 |
| Michael Gianaris | Co-sponsor | Not applicable (committee) | — | — |
| Kristen Gonzalez | Co-sponsor | Democratic/Working Families | Senate | 59 |
| Robert Jackson | Co-sponsor | Democratic/Working Families | Senate | 31 |
| Zellnor Myrie | Co-sponsor | Democratic | Senate | 20 |
| Kevin Parker | Co-sponsor | Democratic/Working Families | Senate | 21 |
| Jessica Ramos | Co-sponsor | Democratic/Working Families | Senate | 13 |
| 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 |
| Luis Sepúlveda | Co-sponsor | Democratic | Senate | 32 |
| Jose Serrano | Co-sponsor | Democratic/Working Families | Senate | 29 |
| Toby Stavisky | Co-sponsor | Democratic | Senate | 11 |
“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 RULES