Loading chat...
NY A02037
Bill
Status
Introduced
1/13/2011
Primary Sponsor
James Tedisco
Click for details
AI Summary
- Amends Section 601 of the tax law to create a new subsection (g) exempting certain veterans from New York state personal income tax
- Applies to veterans of the United States Armed Forces, as defined in Section 13-A of the General Construction Law, who are at least 75 years old
- Requires exempt veterans to have annual total gross income of less than $40,000
- Takes effect immediately and applies to taxable years beginning on or after January 1 following the date the law is enacted
Legislative Description
Establishes a total exemption from the state personal income tax for certain veterans of the armed forces of the United States seventy-five years of age or older with an annual total gross income of less than $40,000.
Last Action
held for consideration in ways and means
6/19/2012
Committee Referrals
Ways and Means1/13/2011
Full Bill Text
No bill text available