New York 2025 Session Status: Introduced

A5377 — Relates to calculation of franchise tax on businesses with a business income base over five million dollars

Last action — In Assembly Committee

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Assembly
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the Assembly. Introduced February 13, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Provides that the franchise tax on businesses with a business income base over five million dollars shall be nine percent of such income base.

Bill Text

Action History

  1. PRINT NUMBER 5377A

  2. AMEND AND RECOMMIT TO WAYS AND MEANS

  3. REFERRED TO WAYS AND MEANS

  4. REFERRED TO WAYS AND MEANS

Sponsors

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 218 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (218)

218 members have not signed on to this bill.

Show all 218 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does A5377 do?
Provides that the franchise tax on businesses with a business income base over five million dollars shall be nine percent of such income base.
Who sponsors A5377?
A5377 is sponsored by Michaelle C. Solages.
What is the current status of A5377?
This bill has been introduced in the Assembly. Introduced February 13, 2025. It must pass committee before a floor vote.
Where can I track A5377?
Track A5377 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on A5377

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of A5377

Last checked for changes 3 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →