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A05377Introduced in the Assembly

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

IntroducedAssembly Ways and Means

Introduced by Michaelle Solages, District 22

What does this bill do?

Plain-English breakdown

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Official description

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

Where it stands

print number 5377a

February 13, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

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Bill history

  1. referred to ways and means

  2. referred to ways and means

  3. amend and recommit to ways and means

  4. print number 5377a

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