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Bill > S08108


NY S08108

NY S08108
Establishes a veteran tax deduction.


summary

Introduced
01/08/2024
In Committee
01/08/2024
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 a veteran tax deduction

AI Summary

This bill establishes a veteran tax deduction in New York. It amends the tax law to allow veterans to deduct $6,000 from their taxable income. The term "veteran" is defined according to the definition in the Veterans' Services Law. The bill will take effect immediately and apply to all taxable years beginning on or after January 1, 2024.

Committee Categories

Budget and Finance

Sponsors (3)

Last Action

REFERRED TO BUDGET AND REVENUE (on 01/08/2024)

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