State Senate GOP seeks tax relief for all New Yorkers

Posted 4 February 2026 at 8:55 pm

‘Keep What You Have Earned’ legislative package includes largest Middle-Class tax cut in NY history

Press Release, NYS Senate Republican Leader Rob Ortt

Provided photo: State Sen. Rob Ortt speaks today at a news conference in Albany when the Republican Conference unveiled a plan for tax relief to all New Yorkers.

ALBANY – Senate Republican Leader Rob Ortt and other members of the Senate Republican Conference have proposed a “Keep What You Have Earned” legislative package that, if passed, would deliver real tax relief to all New Yorkers.

One of the key proposals, S.9110 introduced by Senator Steve Rhoads, would deliver $37 billion in state income tax relief to New Yorkers, the largest middle-class tax cut in New York State history.

Over a ten-year period, the proposal would eliminate state personal income tax on the first $50,000 of income for single filers and the first $100,000 for joint filers. New Yorkers that file jointly would see an estimated savings of up to $6,000 once fully phased in. This applies to all New Yorkers, not just those falling at or below a certain threshold.

“The average New York family is barely getting by, and that’s the main reason so many people have been fleeing this state,” said Senate Republican Leader Rob Ortt. “We lead the nation in outmigration and taxes, and that’s nothing to be proud of. Instead of ignoring these important issues and increasing taxes and state spending, the Senate Republican conference is offering a realistic approach to save New York and make life more affordable.”

Keep What You’ve Earned Legislative Package includes:

S.9110 (Rhoads) – “The Taxpayer Rescue Plan” is aimed at providing much needed tax relief to hardworking New Yorkers. Eliminate state personal income tax on first $50,000 for single filers and $100,000 for married filing jointly. Lower the tax rate to 4% for single filers up to $250,000 and $500,000 for married filing jointly. This proposal would provide a personal income tax cut for all New Yorkers. Any single filer making $50,000 or less and couples making $100,000 or less would no longer pay any state income tax. The proposal provides $37 billion in tax relief to New York residents over its 10-year implementation without having to cut funding from vital state programs as its cost would be absorbed through natural growth of the economy.
S.1296 (Borrello) – Establishes an annual spending growth cap on the State Budget that limits the growth of state operating funds spending.
S.1308 (Canzoneri-Fitzpatrick) – Requires a two-thirds vote from each house of the State Legislature to impose or extend taxes a two-thirds vote from local legislative bodies to impose or extend local taxes, and a two-thirds vote from local legislative bodies requesting an imposition or extension of taxes by the state legislature.
S.1487 (O’Mara) – Reduces the amount small businesses and farms must pay in taxes by increasing the corporate tax threshold from $390,000 to $500,000 and lowering the rate to 2.5%. Expands the small business exemption to all PIT businesses regardless of whether they have employees, increases the threshold to $500,000, increases the exemption to 15%, and increases the exemption to 20% for farmers.
S.3914 (Martins) – No state income tax on overtime.
S.5519 (Ashby) – Reduce the property tax burden on homeowners by providing for a ten-year state takeover of the local share of Medicaid for local governments subject to the two percent property tax cap.
S.8489 (Weber) – Freezes real property taxes for three years to provide relief to New York homeowners.
S.587 (Martins) – No state income tax on tips.

This package is part of the Senate Republican Conference’s broader 2026 legislative agenda entitled “Save New York,” a plan to improve affordability, enhance public safety, and build a stronger New York for today and future generations.