Senate Republicans Introduce “No Tax On Our Tips & Overtime” Legislation to Deliver Tax Relief to Hardworking New Yorkers

– In a press conference held yesterday, Senate Republicans, led by Senator Steve Rhoads, introduced new legislation aimed at alleviating the financial burden on hardworking New Yorkers. The proposed bills, S.587 and S.3914, are designed to eliminate state income taxes on overtime pay and cash tips, allowing workers to keep more of their earnings as they navigate the state’s affordability crisis.

Senator Rhoads, joined by Senate Republican Leader Rob Ortt and other members of the Senate Republican Conference, called for these bills to be included in this year’s Enacted Budget. S.587 seeks to eliminate state taxes on cash tips, while S.3914 targets overtime pay, both of which are vital sources of income for many New Yorkers.

“Hardworking New Yorkers are being taxed to the brink while Albany keeps spending like there’s no limit. Enough is enough. These simple, common-sense measures will allow workers to keep more of what they earn,” said Senator Rhoads. “If the Senate Majority is serious about making New York affordable, they’ll include these bills in the budget and stop the tax hikes.”

Senator Ortt emphasized the immediate need for relief, stating, “At a time when costs are rising on everything from groceries to utilities, it’s essential that we allow New Yorkers to keep more of their money. These bills will provide significant relief and are a far better approach than the tax hikes pushed by Democrats.”

Senator Jack Martins, who sponsored the bills, also expressed his support, urging the Governor and his colleagues in the legislature to prioritize these measures. “These bills will ensure that New Yorkers who work overtime or rely on tips can keep more of their hard-earned income, and I urge all of my colleagues to support these vital provisions.”

The bills are a cornerstone of the Senate Republicans’ “Liberate New York” agenda, which focuses on making the state more affordable for all residents. They also align with federal efforts to eliminate taxes on tips and overtime, providing comprehensive financial relief to workers.

Currently, the bills are under review in committee, with Senate Republicans pushing for their swift inclusion in the state’s budget.