NY A02044

Bill

NY A02044

Creates a wage tax credit for employers who employ New York national guard men and women, reservists, volunteer firefighters and EMS personnel.

Introduced
01/23/2023

In Committee
01/03/2024

Crossed Over

Passed

Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to creating a wage tax credit for employers who employ New York national guard men and women, reservists, volunteer firefighters and EMS personnel

AI Summary

This bill creates a wage tax credit for employers in New York who employ members of the New York National Guard and Reserves, as well as volunteer firefighters and emergency medical services (EMS) first responder personnel. The credit is $1,500 per eligible employee, provided they have been employed for at least six months and the employer complies with the Uniformed Services Employment and Reemployment Rights Act. The credit can be used to offset the employer's state tax liability, and any excess credit can be carried forward to future years or refunded. The bill applies to taxable years beginning on or after January 1, 2025.

Committee Categories

Budget and Finance

Sponsors (24)

Steve Hawley (R)*, John Mikulin (R)*, Joe Angelino (R), Will Barclay (R), Karl Brabenec (R), Marianne Buttenschon (D), Marjorie Byrnes (R), Joe DeStefano (R), Dave DiPietro (R), Michael Durso (R), Jeff Gallahan (R), Joe Giglio (R), Josh Jensen (R), John Lemondes (R), Brian Manktelow (R), Brian Miller (R), Mike Norris (R), Phil Palmesano (R), Matt Simpson (R), Doug Smith (R), Robert Smullen (R), Chris Tague (R), Mike Tannousis (R), Mary Beth Walsh (R),

Last Action

referred to ways and means (on 01/03/2024)

Official Document

https://www.nysenate.gov/legislation/bills/2023/A2044

(2 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2023/A2044
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A02044&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02044

Bill	Bill Name	Last Action	Type
A03681	Creates a wage tax credit for employers who employ New York national guard men and women, reservists, volunteer firefighters and EMS personnel.	held for consideration in ways and means	Reintroduced
S01308	Creates a wage tax credit for employers who employ New York national guard men and women, reservists, volunteer firefighters and EMS personnel.	REFERRED TO BUDGET AND REVENUE	Same As

Bill > A02044

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (24)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary