Assembly bill · A4618 (2025-26)
Establishes business franchise and personal income tax credits for capital investments made in certain small businesses
New York State Assembly
Sponsor: Joseph Sempolinski (Assembly Member, District 148, Republican/Conservative)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 18, 2026. About our data
Summary
Establishes business franchise and personal income tax credits for capital investments made in certain small businesses.
Summary from NY Open Legislation. How we handle summaries
Amends the Tax Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Ways and Means · New York State Assembly
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Full history
- Jan 7, 2026
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
- Feb 4, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.