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NY S08283

NY S08283
Exempts qualified military benefits from inclusion in a resident's adjusted gross income, including any allowance or in-kind benefit other than personal use of a vehicle, received by any former member of the uniformed services of the United States or any dependent of such member by reason of such member's status or service as a member of such uniformed services.


summary

Introduced
02/09/2022
In Committee
02/09/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Exempts qualified military benefits from inclusion in a resident's adjusted gross income, including any allowance or in-kind benefit other than personal use of a vehicle, received by any former member of the uniformed services of the United States or any dependent of such member by reason of such member's status or service as a member of such uniformed services.

AI Summary

This bill exempts qualified military benefits, including any allowance or in-kind benefit other than personal use of a vehicle, received by former members of the United States uniformed services or their dependents, from being included in the resident's adjusted gross income for state tax purposes. The bill applies to taxable years beginning on or after January 1, 2023.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

REFERRED TO BUDGET AND REVENUE (on 02/09/2022)

bill text


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