New York legislation · 2025-2026 General Assembly
New York A11729: Restores conformity with certain provisions of the Internal Revenue Code relating to business expensing; repealer
Status: In committee, September 16, 2026
Restores conformity with certain provisions of the Internal Revenue Code relating to business expensing.
What the bill says
An act to repeal certain provisions of the tax law, in relation to restoring conformity with certain provisions of the Internal Revenue Code relating to business expensing.
From the introduced text, September 16, 2026:
AN ACT to repeal certain provisions of the tax law, in relation to restoring conformity with certain provisions of the Internal Revenue Code relating to business expensing THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs 24, and 26 of paragraph (a) of subdivision 9 of section 208 of the tax law are REPEALED. § 2. Subparagraphs 28 and 29 of paragraph (b) of subdivision 9 of section 208 of the tax law are REPEALED. § 3. Paragraphs 44 and 45 of subsection (b) of section 612 of the tax law are REPEALED. § 4. Paragraphs 48, and 50 of subsection (c) of section 612 of the tax law, paragraph 48 as added by section 4 of part F of chapter 59 of the laws of 2026, are REPEALED. § 5. Subparagraphs (X), (Y) and (Z) of paragraph 1 of subdivision (b) of section 1503 of the tax law are REPEALED. § 6. Subparagraphs (AA) and (BB) of paragraph 2 of subdivision (b) of section 1503 of the tax law are REPEALED. § 7. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD16149-01-6
Sponsors
- Steve Stern (D, 10) · primary sponsor
Latest actions
- : REFERRED TO WAYS AND MEANS
Subjects: Tax Law
Common questions
- What is A11729?
- A11729 is a bill in the New York Legislature (2025-2026 General Assembly): Restores conformity with certain provisions of the Internal Revenue Code relating to business expensing; repealer.
- What does A11729 do?
- In its own words: An act to repeal certain provisions of the tax law, in relation to restoring conformity with certain provisions of the Internal Revenue Code relating to business expensing.
- What is the status of A11729?
- In committee as of September 16, 2026. Latest action: REFERRED TO WAYS AND MEANS (September 16, 2026).
- Who sponsored A11729?
- Steve Stern (D, 10).
- Where is the official record for A11729?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A11729
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.