Bill

Bill > A09673


NY A09673

NY A09673
Creates a $1,500 wage tax credit for employers who employ New York national guard members, reservists, volunteer firefighters and EMS personnel.


summary

Introduced
01/21/2026
In Committee
01/21/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 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 members, reservists, volunteer firefighters and EMS personnel

AI Summary

This bill establishes a $1,500 wage tax credit for New York employers who hire members of the New York National Guard and reserves, as well as volunteer firefighters and emergency medical services (EMS) first responders, provided these individuals have been employed for at least six months and the employer complies with the Uniformed Services Employment and Reemployment Rights Act (USERRA) for guard and reserve members. The credit is intended to incentivize businesses to employ these individuals, recognizing their service and commitment to the state and their communities. The bill also outlines how any unused credit can be carried over to future tax years or refunded, though no interest will be paid on such refunds, and specifies that the credit will apply to taxable years beginning on or after January 1, 2028.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to ways and means (on 01/21/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...