Assembly BillIntroduced
A 5549: Doubles the empire state child credit for young children.
What A 5549 does, verified January 11, 2026
The bill aims to increase the credit for young children in New York. A resident taxpayer will be allowed a credit equal to the greater of one hundred dollars times the number of qualifying children or the applicable percentage of the child tax credit allowed under the federal tax code. The credit will be limited to the applicable percentage if the taxpayer's federal adjusted gross income exceeds a certain threshold. A qualifying child is defined as a child who meets the definition of a qualified child under the federal tax code. The credit will be available for the taxable year beginning in 2026, with different percentages applying to children under age four.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: referred to ways and means (2026-01-07)Alert me
Quick answers about A 5549
- What is the current status of A 5549?
- As of January 11, 2026, A 5549 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "referred to ways and means".
- Did A 5549 pass?
- Not yet. A 5549 has been introduced and has not passed either house.
- Who wrote A 5549, and where is it now?
- A 5549 was authored by Asm. Phara Souffrant Forrest with 1 coauthor. Its committee of record is Assembly Ways & Means.
Author and sponsors
Full contact details, staff, and committees with Connect, $16/moUnlockRecent actions2 total · showing 2
| Jan. 07, 2026 | referred to ways and means |
| Feb. 14, 2025 | referred to ways and means |
Latest bill textIntroduced version, February 14, 2025 · 370 words
STATE OF NEW YORK ________________________________________________________________________ 5549 2025-2026 Regular Sessions IN ASSEMBLY February 14, 2025 ___________ Introduced by M. of A. FORREST, BURDICK -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to doubling the credit for young children The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraph 1 of subsection (c-1) of section 606 of the tax 2 law, as amended by section 1 of part HH of chapter 56 of the laws of 3 2023, is amended to read as follows: 4 (1) A resident taxpayer shall be allowed a credit as provided herein 5 equal to the greater of one hundred dollars times the number of qualify- 6 ing children of the taxpayer or the applicable percentage of the child 7 tax credit allowed the taxpayer under section twenty-four of the inter- 8 nal revenue code for the same taxable year for each qualifying child. 9 Provided, however, in the case of a taxpayer whose federal adjusted 10 gross income exceeds the applicable threshold amount set forth by 11 section 24(b)(2) of the Internal Revenue Code, the credit shall only be 12 equal to the applicable percentage of the child tax credit allowed the 13 taxpayer under section 24 of the Internal Revenue Code for each qualify- 14 ing child. For the purposes of this subsection, a qualifying child shall 15 be a child who meets the definition of qualified child under section 16 24(c) of the internal revenue code. The applicable percentage shall be 17 thirty-three percent or sixty-six percent for children under age four 18 for the taxable year beginning in two thousand twenty-six. For purposes 19 of this subsection, any reference to section 24 of the Internal Revenue 20 Code shall be a reference to such section as it existed immediately 21 prior to the enactment of Public Law 115-97. 22 § 2. This act shall take effect April 1, 2026. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD09339-01-5
Text of A 5549 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions