---
type: "Bill"
title: "Excludes certain student loan discharge or forgiveness amounts from state income tax"
description: "Enacts the \"Tax-free debt forgiveness act\"; excludes certain student loan forgiveness amounts authorized under 20 U.S.C. Sections 1098aa, 1098bb, 1098cc, 1098dd or 1098ee from state income tax."
jurisdiction: "us/states/ny"
legislature: "New York Legislature"
session: "2023-2024"
identifier: "S 143"
citation: "New York S 143 (2023-2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Michael Gianaris"]
version_count: 1
action_count: 15
vote_count: 4
first_action: "2023-01-04"
last_action: "2023-12-22"
source: "openstates"
source_identifier: "ocd-bill/918e4040-db07-451f-a451-0cf67ac7f4e0"
source_url: "http://www.nysenate.gov/legislation/bills/2023/S143"
source_hash: "7ff53c8eaa893026dc4493d313c56f67f45142ba1b4a550cbefb9e6590b6ba35"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-ny"]
---

# New York S 143 (2023-2024) — Excludes certain student loan discharge or forgiveness amounts from state income tax

Enacts the "Tax-free debt forgiveness act"; excludes certain student loan forgiveness amounts authorized under 20 U.S.C. Sections 1098aa, 1098bb, 1098cc, 1098dd or 1098ee from state income tax.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S143** (committee substitute) — [source](http://assembly.state.ny.us/leg/?sh=printbill&bn=S143&term=2023&Text=Y)

## Votes

- Floor Vote — **59–2** (pass) · upper
- Finance Vote — **22–0** (pass) · upper
- Budget And Revenue Vote — **7–0** (pass) · upper
- Assembly Vote — **143–3** (pass) · lower

## Sponsors

- Michael Gianaris — primary (person)
- Brad Hoylman-Sigal — cosponsor (person)
- Brian Kavanagh — cosponsor (person)
- Gustavo Rivera — cosponsor (person)
- Jabari Brisport — cosponsor (person)
- Jamaal Bailey — cosponsor (person)
- Jeremy Cooney — cosponsor (person)
- Jessica Ramos — cosponsor (person)
- Joseph P. Addabbo Jr. — cosponsor (person)
- Kevin S. Parker — cosponsor (person)
- Kevin Thomas — cosponsor (person)
- Liz Krueger — cosponsor (person)
- Michelle Hinchey — cosponsor (person)
- Neil D. Breslin — cosponsor (person)
- Pete Harckham — cosponsor (person)
- Rachel May — cosponsor (person)
- Robert Jackson — cosponsor (person)
- Samra Brouk — cosponsor (person)
- Simcha Felder — cosponsor (person)
- Timothy M. Kennedy — cosponsor (person)
- Toby Ann Stavisky — cosponsor (person)
- Zellnor Myrie — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-01-04** REFERRED TO BUDGET AND REVENUE `referral-committee`
- **2023-02-14** REPORTED AND COMMITTED TO FINANCE `referral-committee`
- **2023-03-21** 1ST REPORT CAL.536
- **2023-03-22** 2ND REPORT CAL.
- **2023-03-23** ADVANCED TO THIRD READING
- **2023-05-22** PASSED SENATE `passage`
- **2023-05-22** DELIVERED TO ASSEMBLY
- **2023-05-22** REFERRED TO WAYS AND MEANS `referral-committee`
- **2023-06-09** SUBSTITUTED FOR A4421
- **2023-06-09** ORDERED TO THIRD READING RULES CAL.756
- **2023-06-09** PASSED ASSEMBLY `passage`
- **2023-06-09** RETURNED TO SENATE
- **2023-12-12** DELIVERED TO GOVERNOR `executive-receipt`
- **2023-12-22** SIGNED CHAP.750 `executive-signature`
- **2023-12-22** APPROVAL MEMO.72

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/918e4040-db07-451f-a451-0cf67ac7f4e0`. Confidence: reported (aggregated from official New York legislature records).