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NY S00939

Bill

Status

Introduced

1/8/2025

Primary Sponsor

James Sanders

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • 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

  • 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

  • Contributions do not reduce the amount of state tax owed by the taxpayer

  • Requires the Comptroller to certify fund deposits annually by February 1 to the Governor and legislative leaders

  • 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

Committee Referrals

Finance2/10/2026
Budget and Revenue1/7/2026
Rules6/13/2025
Budget and Revenue1/8/2025

Full Bill Text

No bill text available