On May 9, 2025, New York Governor Kathy Hochul signed A3009, implementing the state’s fiscal plan for the 2025-2026 state fiscal year. The law includes payroll and personal income tax rate changes and extends a number of current tax credit programs. The law also adds new tax credits including those for the film industry and the semi-conductor manufacturing industry. (L. 2025, A3009 (c. 59), effective 05/09/2025, or as otherwise stated.)
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