Establishes a tax credit for qualified union dues paid to a labor organization starting January 1, 2026.

New York S00171 amends the tax law to establish a credit against income tax for qualified union dues paid to a labor organization on and after January 1, 2026. The credit amount equals the total union dues paid during the tax year. If the credit exceeds the taxpayer's tax for the year, the excess is treated as an overpayment and credited or refunded. The bill defines "qualified union dues" as the total amount of reimbursed dues, fees, assessments, or other charges required of union dues.

Establishes a tax credit for qualified union dues paid to a labor organization starting January 1, 2026.

New York S00171 amends the tax law to establish a credit against income tax for qualified union dues paid to a labor organization on and after January 1, 2026. The credit amount equals the total union dues paid during the tax year. If the credit exceeds the taxpayer's tax for the year, the excess is treated as an overpayment and credited or refunded. The bill defines "qualified union dues" as the total amount of reimbursed dues, fees, assessments, or other charges required of union dues.