ALBANY, N.Y. — Lawmakers are set to return to Albany on Wednesday for the start of the 2026 legislative session. One key issue on the agenda is the proposal of “no taxes on tips.”
Last week, Gov. Kathy Hochul announced her support for exempting state taxes on tips up to $25,000, aligning with a similar measure passed at the federal level.
State Sen. Jeremy Cooney expressed his support for the proposal but cautioned that funding for the exemption needs to be determined…