Bill > S07446

This bill provides a fee exemption for veterans when filing certain corporate documents in New York State. Specifically, the bill defines a "veteran" as someone who served in the U.S. military (including army, navy, air force, marines, coast guard, and their reserves) or in state military units like the New York Guard or Naval Militia, who has received an honorable, general, or other qualifying discharge. The exemption applies to fees associated with corporate filings under section 104-A for both for-profit and not-for-profit corporations. Veterans can receive this fee waiver for five years after: (1) receiving an honorable or general discharge, (2) receiving confirmation of a qualifying medical condition from the Department of Veterans' Services, or (3) receiving confirmation of their status as a discharged LGBT veteran. To qualify, the veteran must be a New York State resident at the time of filing, and their veteran status will be documented according to rules established by the Department of State. The bill aims to provide financial support and recognition for veterans by reducing administrative costs when they establish or manage corporations.

Military Affairs and Security

https://www.nysenate.gov/legislation/bills/2025/S7446