A 8965: Reduces federal adjusted gross income by the amount of overtime compensation earned by an individual in certain circumstances; defines overtime compensation.
What A 8965 does, verified August 27, 2026
The bill aims to exempt overtime compensation earned by individuals from federal adjusted gross income for tax purposes. Overtime compensation is defined as wages earned for time worked beyond an individual's normal scheduled working hours. The exemption applies to qualified overtime compensation, which includes compensation paid at a rate exceeding the regular rate for work exceeding a standard number of hours. The exemption is available for work exceeding a standard number of hours for a specified period of time, such as 40 hours in a seven-day period. The bill takes effect immediately and applies to taxable years beginning on January 1, 2026.
Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: held for consideration in ways and means (2026-06-04)Alert me
Quick answers about A 8965
- What is the current status of A 8965?
- As of August 27, 2026, A 8965 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on June 4, 2026, was "held for consideration in ways and means".
- Did A 8965 pass?
- Not yet. A 8965 has been introduced and has not passed either house.
- Who wrote A 8965, and where is it now?
- A 8965 was authored by Asm. Joe DeStefano with 11 coauthors. It is filed under TAX, alongside 323 other New York TAX bills this session.
Author and sponsors
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| Jun. 04, 2026 | held for consideration in ways and means |
| Mar. 25, 2026 | print number 8965a |
| Mar. 25, 2026 | amend and recommit to ways and means |
| Jan. 07, 2026 | referred to ways and means |
| Aug. 13, 2025 | referred to ways and means |
Latest bill textIntroduced version, August 13, 2025 · 197 words
STATE OF NEW YORK ________________________________________________________________________ 8965 2025-2026 Regular Sessions IN ASSEMBLY August 13, 2025 ___________ Introduced by M. of A. DeSTEFANO -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to subtracting from federal adjusted gross income any overtime compensation earned by an individ- ual The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subsection (c) of section 612 of the tax law is amended by 2 adding a new paragraph 48 to read as follows: 3 (48) Any overtime compensation received by an individual, to the 4 extent includible in gross income for federal income tax purposes. For 5 purposes of this paragraph, "overtime compensation" shall mean wages 6 earned for time an individual worked beyond such individual's normal 7 scheduled working hours. 8 § 2. This act shall take effect immediately and shall apply to taxable 9 years beginning on and after January 1, 2026. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD07557-01-5
Text of A 8965 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions