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Bill > A02050
NY A02050
NY A02050Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax.
summary
Introduced
01/23/2023
01/23/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 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 paying New York state income tax, regardless of whether their income is subject to federal income taxation. The bill amends the state's tax law, adding a new subsection that provides this exemption for eligible veterans starting in the 2023 tax year. The bill specifies that to qualify, the individual must be at least 85 years old as of December 31 of the tax year and meet the definition of a veteran under state law.
Committee Categories
Budget and Finance
Sponsors (16)
Dave DiPietro (R)*,
Steve Hawley (R)*,
John Mikulin (R)*,
Joe Angelino (R),
Karl Brabenec (R),
Brian Curran (R),
Joe DeStefano (R),
Michael Durso (R),
Ed Flood (R),
Jeff Gallahan (R),
Josh Jensen (R),
John Lemondes (R),
Brian Manktelow (R),
Mike Norris (R),
Mike Reilly (R),
Robert Smullen (R),
Last Action
held for consideration in ways and means (on 06/07/2024)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A2050 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A02050&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02050 |
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