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NY S00939
Bill
Status
1/8/2025
Primary Sponsor
James Sanders
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AI Summary
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Creates the "Affordable Housing for Veterans and Seniors (A.H.V.S.) Fund" under joint custody of the Commissioner of Taxation and Finance, the NY State Director of Veterans' Affairs, and the Comptroller
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Allows individuals to make voluntary whole dollar contributions to the fund through their personal income tax returns, effective for tax years beginning January 1, 2027
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Contributions do not reduce the amount of state tax owed by the taxpayer
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Requires the Comptroller to certify fund deposits annually by February 1 to the Governor and legislative leaders
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Mandates an annual public report by February 1 from the Director of Veterans' Affairs detailing fund disbursements, recipients, award amounts, purposes, and a financial plan for current and future fiscal years
Legislative Description
Establishes a fund for the creation of affordable housing for veterans and seniors.
Last Action
REPORTED AND COMMITTED TO FINANCE
2/10/2026