NY A08661

Establishes the veterans' organization relief fund in joint custody of the commissioner of taxation and finance and the comptroller to provide aid and assistance to eligible veterans' organizations.

Creates optional voluntary contribution mechanisms on both corporate income tax returns (section 209-p) and personal income tax returns (section 630-l) allowing taxpayers to contribute whole dollar amounts without reducing their tax liability.

Appropriates $100,000,000 from the state general fund to the division of veterans' services to support the fund's operations.

Requires the New York state director of veterans' services to establish eligibility criteria for organizations and ensure monies are expended within one calendar year of receipt to the extent practicable.

Mandates annual reporting by February 1st to legislative leadership and the public detailing fund deposits, disbursements, recipients, award amounts, purposes, and a financial plan for current and succeeding fiscal years.