NY A01200

Establishes phased minimum cash wage increases for tipped food service workers, service employees, and miscellaneous industry workers in New York City and Nassau/Suffolk/Westchester counties: $12.77/hour starting January 1, 2026, rising to $17.00/hour by January 1, 2028, then indexed to inflation

Sets lower cash wage rates for tipped workers in the rest of New York State: $11.50/hour starting January 1, 2026, increasing to $16.00/hour by January 1, 2029, then indexed to inflation

Defines "miscellaneous industry workers" to include car wash attendants, nail salon workers, tow truck drivers, dog groomers, wedding planners, tour guides, valet parking attendants, hairdressers, aestheticians, golf/tennis instructors, and door-persons

Creates a "One Fair Wage Reimbursement Credit" tax credit for employers paying the new tipped minimum wages, ranging from $1.50 per hour worked in 2026 down to $1.00 per hour by 2030, applicable against business franchise, personal income, and insurance company taxes

Modifies tip-sharing rules to allow tip pooling with all non-managerial and non-supervisory employees when employers do not take a tip credit, versus only with bussers when employers do take a tip credit