New York Assembly Bill 11503: Assesses a separate tax on distributions from designated settlement funds

New York · 2025-2026 session

Status: In committee

What it does

Assesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.

Latest action

REFERRED TO WAYS AND MEANS (2026-05-28)

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