Requires approval by 2/3 vote of membership of the senate and assembly voting separately to increase or decrease any tax rate, impose a new state tax, extend or delete existing state tax.

New York Assembly Bill A06357 proposes that any changes to state taxes—including increasing or decreasing tax rates, introducing new taxes, or modifying existing ones—must receive approval from at least two-thirds of the members in both the State Senate and Assembly, each voting separately. This higher threshold aims to make it more challenging to alter tax policies, ensuring that such decisions have substantial legislative support.

Supporters of A06357 argue that requiring a two-thirds majority for tax changes promotes fiscal responsibility and stability. They believe it prevents hasty or partisan-driven tax legislation, ensuring that any tax modifications reflect a broad consensus among lawmakers. This approach is seen as a safeguard against frequent and potentially disruptive tax policy shifts.

Critics contend that the two-thirds majority requirement could hinder the government's ability to respond swiftly to fiscal needs or economic crises. They argue that it may empower a minority to block necessary tax reforms, leading to legislative gridlock. Additionally, opponents suggest that this measure could disproportionately benefit higher-income individuals by making it more difficult to implement progressive tax policies aimed at addressing income inequality.