senate Bill S1050

2013-2014 Legislative Session

Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to investigations and government operations
Jan 09, 2013 referred to investigations and government operations

S1050 - Details

See Assembly Version of this Bill:
A332
Current Committee:
Law Section:
Tax Law
Laws Affected:
Amd ยง601, Tax L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S146A, A1302A
2009-2010: S7014, A10098

S1050 - Summary

Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax.

S1050 - Sponsor Memo

S1050 - Bill Text download pdf

                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1050

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by  Sen. MAZIARZ -- read twice and ordered printed, and when
  printed to be committed to the Committee on Investigations and Govern-
  ment Operations

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:

  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  FOURTEEN,  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  SUBDIVI-
SION  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.
  S  2.  This  act  shall take effect immediately and shall apply to all
taxable years beginning on or after January 1, 2015.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00196-01-3

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