Alex Bores’ Bills
A11503 · 2025–2026

Assesses a separate tax on distributions from designated settlement funds

In committee Ways And Means Committee
Courts & justice

Imposes a 100% state tax on distributions from the federal 'anti-weaponization fund,' with the tax not reducible by any deduction, exemption, or credit. (Auto-generated summary)

Official record

Official summary · NYS Open LegislationAssesses a 100% tax on distributions from the federal anti-weaponization fund; provides that such tax shall not be reduced pursuant to any deduction, exemption or credit.

What it does: AN ACT to amend the tax law, in relation to assessing a separate tax on distributions from designated federal settlement funds

Legislative history

  1. 2026-05-28Assembly: REFERRED TO WAYS AND MEANS