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Bill > A05033


NY A05033

NY A05033
Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax.


summary

Introduced
02/10/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to exempting veterans eightyfive years of age and older from the obligation to pay New York state income tax

AI Summary

This bill exempts veterans aged 85 and older from the obligation to pay New York state income tax, regardless of whether their income is subject to federal income taxation. The bill amends the state tax law to add a new subsection that provides this exemption for eligible veterans, and it applies to all taxable years beginning on or after January 1, 2023.

Committee Categories

Budget and Finance

Sponsors (16)

Last Action

held for consideration in ways and means (on 06/01/2022)

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