Final 2017-18 New York State Budget Bill Enacted -
The New York State Budget Bill was enacted by the New York State Legislature and signed into law by Governor Andrew M. Cuomo. S. 2009-C, A. 3009-C. Among the Governor’s proposals from his Executive Budget that were enacted, in whole or in part, are the following:
..Extends top personal income tax rates. Extends the top tax bracket under the personal income tax (the so-called “Millionaires Tax”), which is imposed at a rate of 8.82%, for an additional two years through 2019. The Governor had proposed extending the top rate for three years. (Part R.)...
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