What's happening
This bill exempts New York veterans aged 85 and older from paying state income tax starting with the 2019 tax year.
Why it matters
Targets a specific population. By granting the exemption only to veterans aged 85 and older, the bill focuses on supporting a relatively small but potentially vulnerable group of elderly New Yorkers who have served in the military.
Independent of federal tax status. The exemption applies regardless of whether a veteran’s income is taxable at the federal level, meaning even veterans whose income isn’t federally taxed would benefit at the state level.
Potential financial relief and recognition. The measure could offer meaningful financial support to elderly veterans, many of whom may be living on fixed incomes or facing increased medical and living expenses, while also serving as a gesture of recognition for their service.
Retroactive application. The law would apply to tax years starting with 2019, potentially allowing eligible veterans or their estates to seek refunds or adjustments for prior years, not just future tax filings.
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Who cares
Headline styles
No State Tax for Elderly Veterans
Plain English, a few words. Used as the page title.
Sponsors
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History
- Held for consideration in ways and means
- Referred to ways and means
- Referred to ways and means
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
1565
2017-2018 Regular Sessions
IN ASSEMBLY
January 12, 2017
Introduced by M. of A. HAWLEY -- read once and referred to the Committee on Ways and Means
AN ACT to amend the tax law, in relation to exempting veterans eightyfive years of age and older from the obligation to pay New York state income tax
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subsection (i) of section 601 of the tax law is relettered subsection (j) and a new subsection (i) is added to read as follows:
(i) Veterans over eighty-five years of age. Notwithstanding the provisions of subsections (a), (b), (c) and (d) of this section and any other provision of this article, for taxable years beginning after December thirty-first, two thousand eighteen, the gross income of a resident individual who is at least eighty-five years of age as of December thirty-first of the taxable year for which the exemption is claimed and who qualifies as a veteran under the provisions of subdivision three of section three hundred fifty of the executive law shall be exempt from tax under this article regardless of whether such income is subject to federal income taxation.
§ 2. This act shall take effect immediately and shall apply to all taxable years beginning on or after January 1, 2019.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01327-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.