STATE OF NEW YORK
________________________________________________________________________
2343
2025-2026 Regular Sessions
IN ASSEMBLY
January 16, 2025
___________
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 eighty-
five 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 Assem-bly, do enact as follows:
1 Section 1. Subsection (i) of section 601 of the tax law is relettered
2 subsection (j) and a new subsection (i) is added to read as follows:
3 (i) Veterans over eighty-five years of age. Notwithstanding the
4 provisions of subsections (a), (b), (c) and (d) of this section and any
5 other provision of this article, for taxable years beginning after
6 December thirty-first, two thousand twenty-six, the gross income of a
7 resident individual who is at least eighty-five years of age as of
8 December thirty-first of the taxable year for which the exemption is
9 claimed and who qualifies as a veteran under the provisions of subdivi-
10 sion three of section thirty-two of the veterans' services law shall be
11 exempt from tax under this article regardless of whether such income is
12 subject to federal income taxation.
13 § 2. This act shall take effect immediately and shall apply to all
14 taxable years beginning on or after January 1, 2027.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD01807-01-5
