A. 6934 2
SHALL BE RESPONSIBLE FOR THE PAYMENT OF ALL PREMIUMS IN CONNECTION WITH
THE INSURANCE; NEITHER THE GOLD STAR FAMILY MEMBER NOR SUCH GOLD STAR
FAMILY MEMBER'S EMPLOYER SHALL BE LIABLE FOR THE PREMIUMS. INSURANCE
PROVIDED PURSUANT TO THIS SECTION SHALL INCLUDE THE HIGHEST LEVEL OF
SERVICES AVAILABLE THROUGH THE GOLD LEVEL OF THE NEW YORK STATE OF
HEALTH MARKETPLACE AND SHALL INCLUDE PRESCRIPTION DRUG COVERAGE. SUCH
INSURANCE SHALL BE PAID FOR BY THE STATE FROM THE GOLD STAR FAMILY
INSURANCE FUND ESTABLISHED UNDER SECTION NINETY-NINE-SS OF THE STATE
FINANCE LAW. THE DEPARTMENT MAY CONSULT WITH THE DEPARTMENT OF FINANCIAL
SERVICES TO ENSURE THE PROGRAM ESTABLISHED BY THIS SECTION IS BEST
EFFECTUATED.
2. FOR THE PURPOSES OF THIS SECTION, "MEMBER OF A GOLD STAR FAMILY"
MEANS A VETERAN, THE SPOUSE OF A VETERAN, THE UNREMARRIED SURVIVING
SPOUSE OF A VETERAN, OR THE CHILD OF A VETERAN. SUCH TERM SHALL ALSO
INCLUDE THOSE MILITARY PERSONNEL WHO SERVED IN THE RESERVE COMPONENT OF
THE UNITED STATES ARMED FORCES THAT WERE DEEMED ON ACTIVE DUTY UNDER
EXECUTIVE ORDER 11519 SIGNED MARCH TWENTY-THIRD, NINETEEN HUNDRED SEVEN-
TY, 35 FEDERAL REGISTER 5003, DATED MARCH TWENTY-FOURTH, NINETEEN
HUNDRED SEVENTY AND LATER DESIGNATED BY THE UNITED STATES DEPARTMENT OF
DEFENSE AS OPERATION GRAPHIC HAND, IF SUCH MEMBER (A) WAS DISCHARGED OR
RELEASED THEREFROM UNDER HONORABLE CONDITIONS, OR (B) HAS A QUALIFYING
CONDITION, AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW, AND
HAS RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM
SUCH SERVICE, OR (C) IS A DISCHARGED LGBT VETERAN, AS DEFINED IN SECTION
ONE OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER
THAN BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, PROVIDED THAT SUCH
VETERAN MEETS ALL OTHER QUALIFICATIONS OF THIS SUBDIVISION.
§ 4. The state finance law is amended by adding a new section 99-ss to
read as follows:
§ 99-SS. GOLD STAR FAMILY INSURANCE FUND. 1. THERE IS HEREBY ESTAB-
LISHED IN THE JOINT CUSTODY OF THE COMMISSIONER OF VETERANS' SERVICES
AND THE SUPERINTENDENT OF FINANCIAL SERVICES A SPECIAL FUND TO BE KNOWN
AS THE "GOLD STAR FAMILY INSURANCE FUND".
2. THE FUND SHALL CONSIST OF ALL MONIES APPROPRIATED FOR ITS PURPOSE,
ALL MONIES TRANSFERRED TO SUCH FUND PURSUANT TO LAW, ALL MONIES REQUIRED
BY THIS SECTION OR ANY OTHER PROVISION OF LAW TO BE PAID INTO OR CREDIT-
ED TO THE FUND AND ANY INTEREST EARNINGS WHICH MAY ACCRUE FROM THE
INVESTMENT OF MONIES IN THE FUND. NOTHING CONTAINED IN THIS SECTION
SHALL PREVENT THE DEPARTMENT OF FINANCIAL SERVICES FROM RECEIVING
GRANTS, GIFTS OR BEQUESTS FOR THE PURPOSES OF THE FUND AS DEFINED IN
THIS SECTION AND DEPOSITING THEM INTO THE FUND ACCORDING TO LAW.
3. MONIES OF THE FUND, WHEN ALLOCATED, SHALL BE AVAILABLE FOR ALL
COSTS OF SUPPLYING MEMBERS OF A GOLD STAR FAMILY WITH HEALTH INSURANCE
UNDER SECTION TWENTY-FIVE-A OF THE VETERANS' SERVICES LAW.
§ 5. Section 55-c of the civil service law, as amended by chapter 603
of the laws of 1995, subdivision 1 as separately amended by chapters 521
and 618 of the laws of 2023, and subdivision 3 as added by chapter 486
of the laws of 2019, is amended to read as follows:
§ 55-c. Employment of veterans [with disabilities by the state] AND
MEMBERS OF A GOLD STAR FAMILY. 1. The commission [may] SHALL determine
[up to five hundred] positions with duties such as can be performed by
[disabled] veterans and [veterans with disabilities] MEMBERS OF A GOLD
STAR FAMILY who are found otherwise qualified to perform satisfactorily
the duties of any such position. Positions designated to be filled
pursuant to this section may be filled on a full-time or part-time
basis. Upon such determination, [the said] SUCH positions shall be clas-
A. 6934 3
sified in the noncompetitive class, and may be filled only by veterans
[of the armed forces of the United States (a) who establish by appropri-
ate documentary evidence that they are disabled veterans, as defined in
paragraph (b) of subdivision one of section eighty-five of this chapter,
or (b) by those veterans, as defined in paragraph (a) of subdivision one
of section eighty-five of this chapter, who shall have been certified by
the employee health service of the department as being disabled but
capable of performing the duties of said positions. Priority in certif-
ication and referral of both such disabled veterans and certified disa-
bled but capable veterans shall be given to those veterans who received
a wound in combat, as documented by the awarding of the purple heart, as
authorized by the United States department of defense, and that wound is
the cause of, or a substantially contributing factor to, the degree of
impairment, who otherwise meet the requirements of this section. The
number of veterans appointed pursuant to this section shall not exceed
five hundred] OR MEMBERS OF A GOLD STAR FAMILY.
2. [Those employees] EMPLOYEES hired under subdivision one of this
section, shall be afforded the same opportunity to take promotional
examinations as provided to employees in the competitive class.
3. When posting jobs that fall under the provisions of this section,
all state agencies shall prominently identify on such posting that such
job is "55-c Eligible".
4. FOR THE PURPOSES OF THIS SECTION, "MEMBER OF A GOLD STAR FAMILY"
MEANS A VETERAN, THE SPOUSE OF A VETERAN, THE UNREMARRIED SURVIVING
SPOUSE OF A VETERAN, OR THE CHILD OF A VETERAN. SUCH TERM SHALL ALSO
INCLUDE THOSE MILITARY PERSONNEL WHO SERVED IN THE RESERVE COMPONENT OF
THE UNITED STATES ARMED FORCES THAT WERE DEEMED ON ACTIVE DUTY UNDER
EXECUTIVE ORDER 11519 SIGNED MARCH TWENTY-THIRD, NINETEEN HUNDRED SEVEN-
TY, 35 FEDERAL REGISTER 5003, DATED MARCH TWENTY-FOURTH, NINETEEN
HUNDRED SEVENTY AND LATER DESIGNATED BY THE UNITED STATES DEPARTMENT OF
DEFENSE AS OPERATION GRAPHIC HAND, IF SUCH MEMBER (A) WAS DISCHARGED OR
RELEASED THEREFROM UNDER HONORABLE CONDITIONS, OR (B) HAS A QUALIFYING
CONDITION, AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW, AND
HAS RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM
SUCH SERVICE, OR (C) IS A DISCHARGED LGBT VETERAN, AS DEFINED IN SECTION
ONE OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER
THAN BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, PROVIDED THAT SUCH
VETERAN MEETS ALL OTHER QUALIFICATIONS OF THIS SUBDIVISION.
§ 6. The civil service law is amended by adding a new section 13 to
read as follows:
§ 13. GOLD STAR FAMILY JOB TRAINING. 1. THE DEPARTMENT, IN CONSULTA-
TION WITH THE STATE VETERANS' SERVICE AGENCY, SHALL ESTABLISH JOB TRAIN-
ING AND CAREER DEVELOPMENT PROGRAMS TAILORED FOR MEMBERS OF GOLD STAR
FAMILIES.
2. FOR THE PURPOSES OF THIS SECTION, "MEMBER OF A GOLD STAR FAMILY"
MEANS A VETERAN, THE SPOUSE OF A VETERAN, THE UNREMARRIED SURVIVING
SPOUSE OF A VETERAN, OR THE CHILD OF A VETERAN. SUCH TERM SHALL ALSO
INCLUDE THOSE MILITARY PERSONNEL WHO SERVED IN THE RESERVE COMPONENT OF
THE UNITED STATES ARMED FORCES THAT WERE DEEMED ON ACTIVE DUTY UNDER
EXECUTIVE ORDER 11519 SIGNED MARCH TWENTY-THIRD, NINETEEN HUNDRED SEVEN-
TY, 35 FEDERAL REGISTER 5003, DATED MARCH TWENTY-FOURTH, NINETEEN
HUNDRED SEVENTY AND LATER DESIGNATED BY THE UNITED STATES DEPARTMENT OF
DEFENSE AS OPERATION GRAPHIC HAND, IF SUCH MEMBER (A) WAS DISCHARGED OR
RELEASED THEREFROM UNDER HONORABLE CONDITIONS, OR (B) HAS A QUALIFYING
CONDITION, AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW, AND
HAS RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM
A. 6934 4
SUCH SERVICE, OR (C) IS A DISCHARGED LGBT VETERAN, AS DEFINED IN SECTION
ONE OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER
THAN BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, PROVIDED THAT SUCH
VETERAN MEETS ALL OTHER QUALIFICATIONS OF THIS SUBDIVISION.
§ 7. Paragraph (c) of subdivision 1 of section 458-a of the real prop-
erty tax law, as amended by chapter 100 of the laws of 1988, is amended
to read as follows:
(c) "Qualified owner OR GOLD STAR FAMILY" means a veteran, the spouse
of a veteran [or], the unremarried surviving spouse of a veteran, OR THE
CHILD OF A VETERAN. Where property is owned by more than one qualified
owner, the exemption to which each is entitled may be combined. Where a
veteran is also the unremarried surviving spouse of a veteran, such
person may also receive any exemption to which the deceased spouse was
entitled. "QUALIFIED OWNER OR GOLD STAR FAMILY" SHALL ALSO INCLUDE
THOSE MILITARY PERSONNEL WHO SERVED IN THE RESERVE COMPONENT OF THE
UNITED STATES ARMED FORCES THAT WERE DEEMED ON ACTIVE DUTY UNDER EXECU-
TIVE ORDER 11519 SIGNED MARCH TWENTY-THIRD, NINETEEN HUNDRED SEVENTY, 35
FEDERAL REGISTER 5003, DATED MARCH TWENTY-FOURTH, NINETEEN HUNDRED
SEVENTY AND LATER DESIGNATED BY THE UNITED STATES DEPARTMENT OF DEFENSE
AS OPERATION GRAPHIC HAND, IF SUCH MEMBER (1) WAS DISCHARGED OR RELEASED
THEREFROM UNDER HONORABLE CONDITIONS, OR (2) HAS A QUALIFYING CONDITION,
AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW, AND HAS
RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM SUCH
SERVICE, OR (3) IS A DISCHARGED LGBT VETERAN, AS DEFINED IN SECTION ONE
OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER THAN
BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, PROVIDED THAT SUCH VETER-
AN MEETS ALL OTHER QUALIFICATIONS OF THIS SECTION.
§ 8. Subdivisions 4, 6, 7, 8 and 10 of section 458-a of the real prop-
erty tax law are REPEALED.
§ 9. Subdivision 2 of section 458-a of the real property tax law,
paragraph (a) as amended by chapter 899 of the laws of 1985, paragraph
(b) as amended by chapter 473 of the laws of 2004, paragraph (c) as
amended by chapter 100 of the laws of 1988, subparagraph (i) of para-
graph (d) as amended by chapter 332 of the laws of 2016 and subparagraph
(ii) of paragraph (d) as amended by chapter 381 of the laws of 2015, is
amended to read as follows:
2. [(a)] Qualifying residential real property shall be exempt from
taxation to the FULL extent [of fifteen percent] of the assessed value
of such property[; provided, however, that such exemption shall not
exceed twelve thousand dollars or the product of twelve thousand dollars
multiplied by the latest state equalization rate for the assessing unit,
or in the case of a special assessing unit, the latest class ratio,
whichever is less].
[(b) In addition to the exemption provided by paragraph (a) of this
subdivision, where the veteran served in a combat theatre or combat zone
of operations, as documented by the award of a United States campaign
ribbon or service medal, or the armed forces expeditionary medal, navy
expeditionary medal, marine corps expeditionary medal, or global war on
terrorism expeditionary medal, qualifying residential real property also
shall be exempt from taxation to the extent of ten percent of the
assessed value of such property; provided, however, that such exemption
shall not exceed eight thousand dollars or the product of eight thousand
dollars multiplied by the latest state equalization rate for the assess-
ing unit, or in the case of a special assessing unit, the class ratio,
whichever is less.
A. 6934 5
(c) In addition to the exemptions provided by paragraphs (a) and (b)
of this subdivision, where the veteran received a compensation rating
from the United States veteran's administration or from the United
States department of defense because of a service connected disability,
qualifying residential real property shall be exempt from taxation to
the extent of the product of the assessed value of such property multi-
plied by fifty percent of the veteran's disability rating; provided,
however, that such exemption shall not exceed forty thousand dollars or
the product of forty thousand dollars multiplied by the latest state
equalization rate for the assessing unit, or in the case of a special
assessing unit, the latest class ratio, whichever is less. For purposes
of this paragraph, where a person who served in the active military,
naval or air service during a period of war died in service of a service
connected disability, such person shall be deemed to have been assigned
a compensation rating of one hundred percent.
(d) Limitations. (i) The exemption from taxation provided by this
subdivision shall be applicable to county, city, town, village and
school district taxation if the governing body of the school district in
which the property is located, or in the case of a city with a popu-
lation of one million or more, the local legislative body, after public
hearings, adopts a resolution, or in the case of a city with a popu-
lation of one million or more, a local law, providing such exemption,
the procedure for such hearing and resolution or local law shall be
conducted separately from the procedure for any hearing and local law or
resolution conducted pursuant to subparagraph (ii) of this paragraph,
paragraph (b) of subdivision four, paragraph (d) of subdivision six and
paragraph (b) of subdivision seven of this section.
(ii) Each county, city, town, village or school district may adopt a
local law to reduce the maximum exemption allowable in paragraphs (a),
(b) and (c) of this subdivision to nine thousand dollars, six thousand
dollars and thirty thousand dollars, respectively, or six thousand
dollars, four thousand dollars and twenty thousand dollars, respective-
ly. Each county, city, town, village or school district is also author-
ized to adopt a local law to increase the maximum exemption allowable in
paragraphs (a), (b) and (c) of this subdivision to fifteen thousand
dollars, ten thousand dollars and fifty thousand dollars, respectively;
eighteen thousand dollars, twelve thousand dollars and sixty thousand
dollars, respectively; twenty-one thousand dollars, fourteen thousand
dollars, and seventy thousand dollars, respectively; twenty-four thou-
sand dollars, sixteen thousand dollars, and eighty thousand dollars,
respectively; twenty-seven thousand dollars, eighteen thousand dollars,
and ninety thousand dollars, respectively; thirty thousand dollars,
twenty thousand dollars, and one hundred thousand dollars, respectively;
thirty-three thousand dollars, twenty-two thousand dollars, and one
hundred ten thousand dollars, respectively; thirty-six thousand dollars,
twenty-four thousand dollars, and one hundred twenty thousand dollars,
respectively; thirty-nine thousand dollars, twenty-six thousand dollars,
and one hundred thirty thousand dollars, respectively; forty-two thou-
sand dollars, twenty-eight thousand dollars, and one hundred forty thou-
sand dollars, respectively; and forty-five thousand dollars, thirty
thousand dollars and one hundred fifty thousand dollars, respectively.
In addition, a county, city, town, village or school district which is a
"high-appreciation municipality" as defined in this subparagraph is
authorized to adopt a local law to increase the maximum exemption allow-
able in paragraphs (a), (b) and (c) of this subdivision to thirty-nine
thousand dollars, twenty-six thousand dollars, and one hundred thirty
A. 6934 6
thousand dollars, respectively; forty-two thousand dollars, twenty-eight
thousand dollars, and one hundred forty thousand dollars, respectively;
forty-five thousand dollars, thirty thousand dollars and one hundred
fifty thousand dollars, respectively; forty-eight thousand dollars,
thirty-two thousand dollars and one hundred sixty thousand dollars,
respectively; fifty-one thousand dollars, thirty-four thousand dollars
and one hundred seventy thousand dollars, respectively; fifty-four thou-
sand dollars, thirty-six thousand dollars and one hundred eighty thou-
sand dollars, respectively; fifty-seven thousand dollars, thirty-eight
thousand dollars and one hundred ninety thousand dollars, respectively;
sixty thousand dollars, forty thousand dollars and two hundred thousand
dollars, respectively; sixty-three thousand dollars, forty-two thousand
dollars and two hundred ten thousand dollars, respectively; sixty-six
thousand dollars, forty-four thousand dollars and two hundred twenty
thousand dollars, respectively; sixty-nine thousand dollars, forty-six
thousand dollars and two hundred thirty thousand dollars, respectively;
seventy-two thousand dollars, forty-eight thousand dollars and two
hundred forty thousand dollars, respectively; seventy-five thousand
dollars, fifty thousand dollars and two hundred fifty thousand dollars,
respectively. For purposes of this subparagraph, a "high-appreciation
municipality" means: (A) a special assessing unit that is a city, (B) a
county for which the commissioner has established a sales price differ-
ential factor for purposes of the STAR exemption authorized by section
four hundred twenty-five of this title in three consecutive years, and
(C) a city, town, village or school district which is wholly or partly
located within such a county.]
§ 10. Subdivision 3 of section 458-a of the real property tax law, as
amended by chapter 646 of the laws of 2004 and as further amended by
section 1 of part W of chapter 56 of the laws of 2010, is amended to
read as follows:
3. Application for exemption must be made by the QUALIFIED owner, or
all of the QUALIFIED owners, of the property on a form prescribed by the
commissioner. The QUALIFIED owner or QUALIFIED owners shall file the
completed form in the assessor's office on or before the appropriate
taxable status date. The exemption shall continue in full force and
effect for all appropriate subsequent tax years and the QUALIFIED owner
or QUALIFIED owners of the property shall not be required to refile each
year. [Applicants shall be required to refile on or before the appropri-
ate taxable status date if the percentage of disability percentage
increases or decreases or may refile if other changes have occurred
which affect qualification for an increased or decreased amount of
exemption.] Any applicant convicted of making any willful false state-
ment in the application for such exemption shall be subject to the
penalties prescribed in the penal law.
§ 11. Subdivision 5 of section 458-a of the real property tax law, as
added by chapter 377 of the laws of 1995, is renumbered to be subdivi-
sion 4 and is amended to read as follows:
4. Notwithstanding any other provision of law to the contrary, the
provisions of this section shall apply to any real property held in
trust solely for the benefit of a person or persons who would otherwise
be eligible for a real property tax exemption, pursuant to this section,
were such person or persons the QUALIFIED owner or QUALIFIED owners of
such real property.
§ 11-a. Subdivision 9 of section 458-a of the real property tax law,
as amended by section 83 of part PP of chapter 56 of the laws of 2022,
is renumbered subdivision 5 and amended to read as follows:
A. 6934 7
9. The commissioner shall develop in consultation with the commission-
er of the New York state department of veterans' services a listing of
documents to be used to establish eligibility under this section,
including but not limited to a certificate of release or discharge from
active duty also known as a DD-214 form or an Honorable Service
Certificate/Report of Casualty from the department of defense. [Such
information shall be made available to each county, city, town or
village assessor's office, or congressional chartered veterans service
officers who request such information.] The listing of acceptable mili-
tary records shall be made available on the internet websites of the
department of veterans' services and the office of real property tax
services.
§ 12. Section 2 of the education law is amended by adding a new
subdivision 25 to read as follows:
25. "MEMBER OF A GOLD STAR FAMILY" MEANS A VETERAN, THE SPOUSE OF A
VETERAN, THE UNREMARRIED SURVIVING SPOUSE OF A VETERAN, OR THE CHILD OF
A VETERAN. SUCH TERM SHALL ALSO INCLUDE THOSE MILITARY PERSONNEL WHO
SERVED IN THE RESERVE COMPONENT OF THE UNITED STATES ARMED FORCES THAT
WERE DEEMED ON ACTIVE DUTY UNDER EXECUTIVE ORDER 11519 SIGNED MARCH
TWENTY-THIRD, NINETEEN HUNDRED SEVENTY, 35 FEDERAL REGISTER 5003, DATED
MARCH TWENTY-FOURTH, NINETEEN HUNDRED SEVENTY AND LATER DESIGNATED BY
THE UNITED STATES DEPARTMENT OF DEFENSE AS OPERATION GRAPHIC HAND, IF
SUCH MEMBER (A) WAS DISCHARGED OR RELEASED THEREFROM UNDER HONORABLE
CONDITIONS, OR (B) HAS A QUALIFYING CONDITION, AS DEFINED IN SECTION ONE
OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER THAN
BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, OR (C) IS A DISCHARGED
LGBT VETERAN, AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW,
AND HAS RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM
SUCH SERVICE, PROVIDED THAT SUCH VETERAN MEETS ALL OTHER QUALIFICATIONS
OF THIS SUBDIVISION.
§ 13. The education law is amended by adding a new section 115 to read
as follows:
§ 115. PUBLIC AND PRIVATE SCHOOL TUITION; MEMBER OF A GOLD STAR FAMI-
LY. NOTWITHSTANDING ANY LAW, RULE OR REGULATION, THE COMMISSIONER SHALL
DEVELOP AND IMPLEMENT A FREE TUITION PROGRAM FOR MEMBERS OF A GOLD STAR
FAMILY FOR PRE-K THROUGH GRADUATE AND POST-GRADUATE SCHOOL FOR ATTEND-
ANCE AT ALL PUBLIC AND PRIVATE INSTITUTIONS, SUBJECT TO AMOUNTS MADE
AVAILABLE BY APPROPRIATION. SUCH FREE TUITION SHALL ALSO INCLUDE, BUT
MAY NOT BE LIMITED TO, HOUSING, BOOKS AND OTHER RELATED EDUCATIONAL FEES
AND COSTS.
§ 14. Paragraph h of subdivision 2 of section 355 of the education law
is amended by adding a new subparagraph 1-a to read as follows:
(1-A) (I) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGU-
LATION TO THE CONTRARY, THE TRUSTEES SHALL IMPLEMENT A PROGRAM TO PERMIT
ANY STUDENT WHO IS A MEMBER OF A GOLD STAR FAMILY AND WHO HAS BEEN
ADMITTED TO A STATE-OPERATED INSTITUTION OF THE STATE UNIVERSITY OF NEW
YORK TO ATTEND WITHOUT THE PAYMENT OF TUITION, HOUSING, BOOKS AND OTHER
RELATED EDUCATIONAL FEES AND COSTS IF SUCH STUDENT FULFILLS THE REQUIRE-
MENTS OF SUCH PROGRAM PURSUANT TO THE PROVISIONS OF THIS SUBPARAGRAPH.
(II) THE TRUSTEES SHALL PROVIDE AN APPLICATION PROCESS AND ADMINISTER
THE PROGRAM WHICH SHALL BE AVAILABLE TO ANY MEMBER OF A GOLD STAR FAMILY
WHO IS ENROLLED IN CREDIT-BEARING ACADEMIC COURSEWORK AND IS ON TRACK TO
GRADUATE.
(III) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGULATION
TO THE CONTRARY SUBJECT TO AMOUNTS MADE AVAILABLE BY APPROPRIATION,
COMMENCING IN THE ACADEMIC YEAR NEXT SUCCEEDING THE EFFECTIVE DATE OF
A. 6934 8
THIS SUBDIVISION, AND EVERY ACADEMIC YEAR THEREAFTER, THE STATE UNIVER-
SITY SHALL BE ENTITLED TO ANNUALLY RECEIVE ONE HUNDRED PERCENT
REIMBURSEMENT FOR THE ANNUAL COST OF TUITION, HOUSING, BOOKS AND OTHER
RELATED EDUCATIONAL FEES AND COSTS FOR EACH MEMBER OF A GOLD STAR FAMILY
WHO IS A MATRICULATED UNDERGRADUATE STUDENT AT A STATE UNIVERSITY SENIOR
COLLEGE AND COMMUNITY COLLEGE WHO IS ENROLLED IN CREDIT-BEARING ACADEMIC
COURSEWORK AND IS ON TRACK TO GRADUATE FROM THE FUND ESTABLISHED PURSU-
ANT TO SECTION NINETY-SEVEN-AAAA OF THE STATE FINANCE LAW.
§ 15. Section 667 of the education law is amended by adding a new
subdivision 1-a to read as follows:
1-A. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGULATION TO
THE CONTRARY, COMMENCING IN THE ACADEMIC YEAR NEXT SUCCEEDING THE EFFEC-
TIVE DATE OF THIS SUBDIVISION, AND EVERY ACADEMIC YEAR THEREAFTER, ALL
FUNDING APPROPRIATED FOR TUITION ASSISTANCE PROGRAM AWARDS PURSUANT TO
THIS SECTION SHALL BE DEPOSITED INTO THE GOLD STAR FAMILY TUITION FUND
SPECIFIED IN SECTION NINETY-SEVEN-AAAA OF THE STATE FINANCE LAW.
§ 16. Subdivision 1 of section 6304 of the education law is amended by
adding a new paragraph e to read as follows:
E. (I) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGULATION
TO THE CONTRARY, THE TRUSTEES, SPONSORS, OR OTHER GOVERNING BODY OF A
COMMUNITY COLLEGE, IN CONSULTATION WITH THE COMMISSIONER, SHALL IMPLE-
MENT A PROGRAM TO PERMIT ANY MEMBER OF A GOLD STAR FAMILY WHO IS A
STUDENT WHO HAS BEEN ADMITTED TO A STATE-OPERATED INSTITUTION OF THE
STATE UNIVERSITY TO ATTEND WITHOUT THE PAYMENT OF TUITION, HOUSING,
BOOKS AND OTHER RELATED EDUCATIONAL FEES AND COSTS IF SUCH STUDENT
FULFILLS THE REQUIREMENTS OF SUCH PROGRAM PURSUANT TO THE PROVISIONS OF
THIS PARAGRAPH.
(II) THE TRUSTEES SHALL PROVIDE AN APPLICATION PROCESS AND ADMINISTER
THE PROGRAM WHICH SHALL BE AVAILABLE TO ANY MEMBER OF A GOLD STAR FAMILY
WHO IS A STUDENT ELIGIBLE FOR RESIDENT TUITION RATES, WHO IS ENROLLED IN
CREDIT-BEARING ACADEMIC COURSEWORK AND IS ON TRACK TO GRADUATE.
§ 17. Subdivision A of section 6221 of the education law is amended by
adding a new paragraph 4-b to read as follows:
4-B. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGULATION TO
THE CONTRARY, SUBJECT TO AMOUNTS MADE AVAILABLE BY APPROPRIATION,
COMMENCING IN THE TWO THOUSAND TWENTY-SEVEN--TWO THOUSAND TWENTY-EIGHT
ACADEMIC YEAR, THE CITY UNIVERSITY SHALL BE ENTITLED TO ANNUALLY RECEIVE
ONE HUNDRED PERCENT REIMBURSEMENT FOR THE ANNUAL COST OF TUITION, HOUS-
ING, BOOKS AND OTHER RELATED EDUCATIONAL FEES AND COSTS FOR EACH MEMBER
OF A GOLD STAR FAMILY WHO IS A MATRICULATED UNDERGRADUATE STUDENT AT A
CITY UNIVERSITY SENIOR COLLEGE AND COMMUNITY COLLEGE WHO IS ENROLLED IN
CREDIT-BEARING ACADEMIC COURSEWORK AND IS ON TRACK TO GRADUATE. THE
STATE COMPTROLLER SHALL ESTABLISH A SEPARATE FUND FOR SUCH MONIES TO BE
DISTRIBUTED TO THE CITY UNIVERSITY OF NEW YORK. THE CITY UNIVERSITY
SHALL RECEIVE AN AMOUNT EQUAL TO THE FULL COST OF IN-STATE UNDERGRADUATE
TUITION AND STUDENT FEES FOR EACH QUALIFYING MEMBER OF A GOLD STAR FAMI-
LY WHO IS A MATRICULATED STUDENT WHO SUCCESSFULLY COMPLETES CREDIT-BEAR-
ING ACADEMIC COURSEWORK AND IS ON TRACK TO GRADUATE. THE FULL COST OF
TUITION SHALL NOT INCLUDE ANY ADDITIONAL FUNDS THE STUDENT MAY RECEIVE
FROM ANY OTHER NEW YORK STATE OR FEDERAL GRANT, AWARD, OR SCHOLARSHIP
PROGRAM. THE STATE COMPTROLLER SHALL DEPOSIT SUCH MONIES WITH THE CITY
UNIVERSITY NO LATER THAN THIRTY DAYS AFTER THE START OF THE SEMESTER.
§ 18. The state finance law is amended by adding a new section 97-aaaa
to read as follows:
§ 97-AAAA. GOLD STAR FAMILY TUITION FUND. 1. THERE IS HEREBY ESTAB-
LISHED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSION-
A. 6934 9
ER OF TAXATION AND FINANCE A FUND TO BE KNOWN AS THE GOLD STAR FAMILY
TUITION FUND.
2. THE FUND SHALL CONSIST OF MONEYS RECEIVED BY THE STATE PURSUANT TO
SUBPARAGRAPH ONE-A OF PARAGRAPH H OF SUBDIVISION TWO OF SECTION THREE
HUNDRED FIFTY-FIVE OF THE EDUCATION LAW, MONEYS DONATED OR GIVEN TO THE
STATE, AND ALL OTHER MONEYS APPROPRIATED, CREDITED OR TRANSFERRED THERE-
TO FROM ANY OTHER FUND OR SOURCE.
3. MONEYS OF THE FUND SHALL BE MADE AVAILABLE TO THE COMMISSIONER OF
EDUCATION TO BE DISTRIBUTED TO ANY PUBLIC OR PRIVATE EDUCATIONAL INSTI-
TUTION FROM GRADES PRE-K THROUGH GRADUATE AND POST-GRADUATE SCHOOL SHALL
BE DEPOSITED WITH ANY SCHOOL PROVIDING FREE TUITION TO A MEMBER OF A
GOLD STAR FAMILY NO LATER THAN THIRTY DAYS AFTER THE START OF THE SEMES-
TER. EACH PUBLIC OR PRIVATE EDUCATIONAL INSTITUTION SHALL RECEIVE AN
AMOUNT EQUAL TO THE FULL COST OF TUITION, HOUSING, BOOKS, AND OTHER
RELATED EDUCATIONAL COSTS AND STUDENT FEES FOR EACH MEMBER OF A GOLD
STAR FAMILY.
4. THE FULL COST OF TUITION SHALL NOT INCLUDE ANY ADDITIONAL FUNDS THE
STUDENT MAY RECEIVE FROM ANY OTHER NEW YORK STATE OR FEDERAL GRANT,
AWARD, OR SCHOLARSHIP PROGRAM.
§ 19. Section 4 of the veterans' services law is amended by adding two
new subdivisions 40 and 41 to read as follows:
40. TO DEVELOP, IMPLEMENT AND PROVIDE INFORMATION REGARDING RESOURCES
THAT ARE AVAILABLE TO ASSIST VETERANS AND MEMBERS OF GOLD STAR FAMILIES
IN OBTAINING FINANCIAL SUPPORT BY MAINTAINING A VETERANS' FINANCIAL
SUPPORT PORTAL ON THE DEPARTMENT'S INTERNET WEBSITE. SUCH PORTAL SHALL
PROVIDE VIRTUAL LINKS TO APPROPRIATE GOVERNMENTAL PROGRAMS ON THE FEDER-
AL AND STATE LEVELS AND INFORMATION ON TAX RELIEF AND STUDENT FINANCIAL
AID AVAILABLE TO VETERANS AND MEMBERS OF GOLD STAR FAMILIES. THE DEPART-
MENT MAY CONSULT WITH THE DEPARTMENT OF TAXATION AND FINANCE, THE STATE
HOUSING FINANCE AGENCY, THE CIVIL SERVICE COMMISSION AND THE DEPARTMENT
OF EDUCATION. SUCH INFORMATION REQUIRED UNDER THIS SUBDIVISION SHALL BE
MAINTAINED AND UPDATED ANNUALLY. THE INFORMATION MAY ALSO BE MADE AVAIL-
ABLE IN PRINTED FORM.
41. TO DEVELOP AND IMPLEMENT A GOLD STAR FAMILIES ASSISTANCE PROGRAM
TO PROVIDE FINANCIAL COUNSELING, CAREER TRANSITION SUPPORT, AND MENTAL
HEALTH SERVICES.
§ 20. The private housing finance law is amended by adding a new arti-
cle 33 to read as follows:
ARTICLE 33
GOLD STAR FAMILY PROGRAM
SECTION 1300. DEFINITIONS.
1301. GOLD STAR FAMILY PROGRAM.
1302. CREATION OF THE "GOLD STAR FAMILY OWNERSHIP LOAN FUND".
1303. PURPOSE AND TERMS OF LOAN.
1304. LOAN REPAYMENT.
1305. ISSUANCE OF BONDS.
1306. ADOPTION OF REGULATIONS.
§ 1300. DEFINITIONS. AS USED IN THIS ARTICLE:
1. "AGENCY" MEANS THE NEW YORK STATE HOUSING FINANCE AGENCY CREATED BY
SECTION FORTY-THREE OF THIS CHAPTER.
2. "MEMBER OF A GOLD STAR FAMILY" MEANS A VETERAN, THE SPOUSE OF A
VETERAN, THE UNREMARRIED SURVIVING SPOUSE OF A VETERAN, OR THE CHILD OF
A VETERAN. SUCH TERM SHALL ALSO INCLUDE THOSE MILITARY PERSONNEL WHO
SERVED IN THE RESERVE COMPONENT OF THE UNITED STATES ARMED FORCES THAT
WERE DEEMED ON ACTIVE DUTY UNDER EXECUTIVE ORDER 11519 SIGNED MARCH
TWENTY-THIRD, NINETEEN HUNDRED SEVENTY, 35 FEDERAL REGISTER 5003, DATED
A. 6934 10
MARCH TWENTY-FOURTH, NINETEEN HUNDRED SEVENTY AND LATER DESIGNATED BY
THE UNITED STATES DEPARTMENT OF DEFENSE AS OPERATION GRAPHIC HAND, IF
SUCH MEMBER (A) WAS DISCHARGED OR RELEASED THEREFROM UNDER HONORABLE
CONDITIONS, OR (B) HAS A QUALIFYING CONDITION, AS DEFINED IN SECTION ONE
OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER THAN
BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, OR (C) IS A DISCHARGED
LGBT VETERAN, AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW,
AND HAS RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM
SUCH SERVICE, PROVIDED THAT SUCH VETERAN MEETS ALL OTHER QUALIFICATIONS
OF THIS SUBDIVISION.
§ 1301. GOLD STAR FAMILY PROGRAM. 1. WITHIN AMOUNTS APPROPRIATED, THE
AGENCY AND THE VETERANS' SERVICES AGENCY SHALL DEVELOP AND ADMINISTER A
PROGRAM WHICH SHALL PROVIDE ASSISTANCE IN THE FORM OF PAYMENTS, GRANTS
AND LOANS FOR THE GOLD STAR FAMILY PROGRAM TO HELP PREVENT HOMELESSNESS
OF GOLD STAR FAMILIES.
§ 1302. CREATION OF THE "GOLD STAR FAMILY OWNERSHIP LOAN FUND". THERE
IS HEREBY ESTABLISHED A "VETERAN'S HOME AND LAND OWNERSHIP LOAN FUND".
SUCH FUND SHALL BE USED TO MAKE LOANS AUTHORIZED BY THIS ARTICLE AND FOR
EXPENSES INCURRED BY THE AGENCY IN THE IMPLEMENTATION OF THE PROGRAM
ESTABLISHED BY THIS ARTICLE.
§ 1303. PURPOSE AND TERMS OF LOAN. 1. THE AGENCY, ACTING ON BEHALF OF
THE STATE MAY IN ITS DISCRETION, ENTER INTO A CONTRACT WITH A MEMBER OF
A GOLD STAR FAMILY TO PROVIDE A LOAN TO ASSIST IN THE PURCHASE OF A
DWELLING OR THE PURCHASE AND REHABILITATION OF A DWELLING CONTAINING UP
TO FOUR RESIDENTIAL UNITS, PROVIDED SUCH MEMBER OF A GOLD STAR FAMILY
SHALL RESIDE IN AT LEAST ONE OF SUCH UNITS. SUCH LOAN MAY ALSO BE MADE
FOR THE PURCHASE OF UNIMPROVED REAL PROPERTY WHEN SUCH PROPERTY SHALL BE
USED FOR THE CONSTRUCTION OF A NEW DWELLING.
§ 1304. LOAN REPAYMENT. 1. ANY LOAN CONTRACTED FOR PURSUANT TO THIS
ARTICLE SHALL BE SECURED BY A SECOND MORTGAGE ON THE DWELLING OR UNIM-
PROVED REAL PROPERTY PURCHASED BY THE RECIPIENT OF SUCH LOAN IF THE
RECIPIENT OF SUCH LOAN ASSIGNS, TRANSFERS OR OTHERWISE CONVEYS THE
RECIPIENT'S INTEREST IN SUCH DWELLING OR CEASES TO OCCUPY SUCH DWELLING,
THE UNPAID PRINCIPAL BALANCE OF SUCH SECOND MORTGAGE, TOGETHER WITH
INTEREST THEREON, SHALL BECOME DUE AND PAYABLE. IF THE RECIPIENT OF ANY
LOAN IS UNABLE TO REPAY THE LOAN, THE AGENCY, AT ITS DISCRETION, MAY
ADJUST THE INTEREST RATE, TERMS AND CONDITIONS OF THE LOAN TO FACILITATE
REPAYMENT.
2. REPAYMENT OF ANY LOAN PROVIDED IN ACCORDANCE WITH THIS ARTICLE
SHALL BE SUBJECT TO AN INTEREST RATE TO BE DETERMINED IN ACCORDANCE WITH
TERMS AND CONDITIONS AS THE AGENCY MAY ESTABLISH. IN NO CASE SHALL THE
TERM EXCEED THE TERM OF THE FIRST MORTGAGE OBTAINED FOR THE PURPOSE OF
PURCHASING SUCH DWELLING EXCEPT, IN THE CASE OF A GRADUATED PAYMENT
MORTGAGE LOAN, THE TERM OF THE LOAN MADE PURSUANT TO THIS ARTICLE MAY
EXCEED THE EXPECTED TERM OF SUCH MORTGAGE LOAN PROVIDED. THE TERM OF THE
LOAN MADE PURSUANT TO THIS ARTICLE DOES NOT EXCEED THE LESSER OF:
(A) THE TERM INDICATED BY THE LIMITED AMORTIZATION SCHEDULE OF THE
GRADUATED PAYMENT MORTGAGE LOAN; OR
(B) THIRTY YEARS. PAYMENTS BY HOMEOWNERS SHALL BE PAID TO THE AGENCY
AND DEPOSITED IN THE GOLD STAR FAMILY OWNERSHIP LOAN FUND.
§ 1305. ISSUANCE OF BONDS. 1. THE AGENCY SHALL HAVE THE POWER AND IS
HEREBY AUTHORIZED FROM TIME TO TIME TO ISSUE ITS NEGOTIABLE BONDS AND
NOTES IN CONFORMITY WITH APPLICABLE PROVISIONS OF THE UNIFORM COMMERCIAL
CODE IN SUCH PRINCIPAL AMOUNTS AS, IN THE DISCRETION OF THE AGENCY,
SHALL BE NECESSARY TO CARRY OUT THE PURPOSES OF THIS ARTICLE, BUT NOT IN
EXCESS OF AN AGGREGATE AMOUNT OF TWENTY MILLION DOLLARS.
A. 6934 11
2. EXCEPT AS MAY OTHERWISE BE EXPRESSLY PROVIDED BY THE AGENCY, ALL
BONDS AND NOTES ISSUED SHALL BE PAYABLE OUT OF ANY MONEYS, ASSETS OR
REVENUES OF THE STATE, SUBJECT ONLY TO ANY AGREEMENT WITH BONDHOLDERS OR
NOTEHOLDERS PLEDGING ANY PARTICULAR MONEYS, ASSETS OR REVENUES.
3. BONDS AND NOTES SHALL BE AUTHORIZED BY A RESOLUTION OR RESOLUTIONS
OF THE AGENCY ADOPTED IN THE MANNER PROVIDED BY LAW.
4. SUCH BONDS OR NOTES SHALL BEAR SUCH DATE OR DATES, SHALL MATURE AT
SUCH TIME OR TIMES, SHALL BEAR INTEREST AT SUCH RATE OR RATES, SHALL BE
OF SUCH DENOMINATIONS, SHALL BE IN SUCH FORM, CARRY SUCH REGISTRATION
PRIVILEGES, BE EXECUTED IN SUCH MANNER, BE PAYABLE IN LAWFUL MONEY OF
THE UNITED STATES OF AMERICA AT SUCH PLACE OR PLACES WITHIN OR WITHOUT
THE STATE, BE SUBJECT TO SUCH TERMS OF REDEMPTION PRIOR TO MATURITY AS
MAY BE PROVIDED BY SUCH RESOLUTION OR RESOLUTIONS OR SUCH CERTIFICATE
WITH RESPECT TO SUCH BONDS OR NOTES, AS THE CASE MAY BE; PROVIDED,
HOWEVER, THAT THE MAXIMUM MATURITY OF BONDS SHALL NOT EXCEED THIRTY
YEARS FROM THE DATE THEREOF AND THE MAXIMUM MATURITY OF NOTES OR ANY
RENEWALS THEREOF SHALL NOT EXCEED SEVEN YEARS FROM THE DATE OF THE
ORIGINAL ISSUE OF SUCH NOTES.
5. ANY SUCH BONDS OR NOTES MAY BE SOLD AT SUCH PRICE OR PRICES, AT
PUBLIC OR PRIVATE SALE, IN SUCH MANNER AND FROM TIME TO TIME AS MAY BE
DETERMINED BY THE AGENCY, AND THE AGENCY MAY PAY ALL EXPENSES, PREMIUMS
AND COMMISSIONS WHICH IT MAY DEEM NECESSARY OR ADVANTAGEOUS IN
CONNECTION WITH THE ISSUANCE AND SALE THEREOF. NO BONDS OR NOTES MAY BE
SOLD AT PRIVATE SALE, HOWEVER, UNLESS SUCH SALE AND THE TERM THEREOF
HAVE BEEN APPROVED IN WRITING BY:
(A) THE COMPTROLLER, IF SUCH SALE IS NOT TO THE COMPTROLLER; OR
(B) THE STATE DIRECTOR OF THE BUDGET, IF SUCH SALE IS TO THE COMP-
TROLLER.
6. THE AGENCY IS AUTHORIZED TO PROVIDE FOR THE ISSUANCE OF ITS BONDS
OR NOTES FOR THE PURPOSE OF REFUNDING ANY SUCH BONDS OR NOTES THEN
OUTSTANDING, INCLUDING THE PAYMENT OF ANY REDEMPTION PREMIUMS THEREON
AND ANY INTEREST ACCRUED OR TO ACCRUE TO THE REDEMPTION DATE NEXT
SUCCEEDING THE DATE OF DELIVERY OF SUCH REFUNDING BONDS OR NOTES. THE
PROCEEDS OF ANY SUCH BONDS OR NOTES ISSUED FOR THE PURPOSE OF SO REFUND-
ING OUTSTANDING BONDS OR NOTES SHALL BE FORTHWITH APPLIED TO THE
PURCHASE OR RETIREMENT OF SUCH OUTSTANDING BONDS OR NOTES OR THE REDEMP-
TION OF SUCH OUTSTANDING BONDS OR NOTES ON THE REDEMPTION DATE NEXT
SUCCEEDING THE DATE OF DELIVERY OF SUCH REFUNDING BONDS OR NOTES AND
MAY, PENDING SUCH APPLICATION, BE PLACED IN ESCROW TO BE APPLIED TO SUCH
PURCHASE OR RETIREMENT OR REDEMPTION ON SUCH DATE. ANY SUCH ESCROWED
PROCEEDS, PENDING SUCH USE, MAY BE INVESTED AND REINVESTED ONLY IN OBLI-
GATIONS OF OR GUARANTEED BY THE STATE OR THE UNITED STATES OF AMERICA
AND EITHER:
(A) THE YIELD FROM WHICH DOES NOT EXCEED THE AVERAGE NET INTEREST COST
PER ANNUM, EXPRESSED AS A PERCENTAGE, ON SUCH REFUNDING BONDS BY MORE
THAN ONE-HALF OF ONE PERCENT; OR
(B) THE INCOME FROM WHICH IS EXEMPT FROM FEDERAL TAXATION, MATURING AT
SUCH TIME OR TIMES AS SHALL BE APPROPRIATE TO ASSURE THE PROMPT PAYMENT,
AS TO PRINCIPAL, INTEREST AND REDEMPTION PREMIUM, IF ANY, ON THE
OUTSTANDING BONDS OR NOTES TO BE SO REFUNDED BY PURCHASE, RETIREMENT OR
REDEMPTION, AS THE CASE MAY BE.
THE INTEREST, INCOME AND PROFITS, IF ANY, EARNED OR REALIZED ON ANY
SUCH INVESTMENT MAY ALSO BE APPLIED TO THE PAYMENT OF THE OUTSTANDING
BONDS OR NOTES TO BE SO REFUNDED BY PURCHASE, RETIREMENT OR REDEMPTION,
AS THE CASE MAY BE. AFTER THE TERMS OF THE ESCROW HAVE BEEN FULLY SATIS-
FIED AND CARRIED OUT, ANY BALANCE OF SUCH PROCEEDS AND INTEREST, IF ANY,
A. 6934 12
EARNED OR REALIZED ON THE INVESTMENTS THEREOF MAY BE RETURNED TO THE
AGENCY FOR USE BY IT IN ANY LAWFUL MANNER. ALL SUCH BONDS OR NOTES SHALL
BE ISSUED AND SECURED AND SHALL BE SUBJECT TO THE PROVISIONS OF LAW IN
THE SAME MANNER AND TO THE SAME EXTENT AS ANY OTHER BONDS OR NOTES
ISSUED PURSUANT TO LAW.
7. WHETHER OR NOT THE BONDS AND NOTES ARE OF SUCH FORM AND CHARACTER
AS TO BE NEGOTIABLE INSTRUMENTS UNDER THE TERMS OF THE UNIFORM COMMER-
CIAL CODE, THE BONDS AND NOTES ARE HEREBY MADE NEGOTIABLE INSTRUMENTS
WITHIN THE MEANING OF AND FOR ALL THE PURPOSES OF THE UNIFORM COMMERCIAL
CODE, SUBJECT ONLY TO THE PROVISIONS OF THE BONDS AND NOTES FOR REGIS-
TRATION.
8. ANY RESOLUTION OR RESOLUTIONS AUTHORIZING ANY BONDS OR NOTES PURSU-
ANT TO THE PROVISIONS OF THIS ARTICLE MAY CONTAIN PROVISIONS WHICH MAY
BE A PART OF THE CONTRACT WITH THE HOLDERS OF SUCH BONDS OR NOTES, AS
TO:
(A) PLEDGING OR CREATING A LIEN, TO THE EXTENT PROVIDED BY SUCH RESOL-
UTION OR RESOLUTIONS, ON ALL OR ANY PART OF ANY MONEYS HELD IN TRUST OR
OTHERWISE BY OTHERS FOR THE PAYMENT OF SUCH BONDS OR NOTES;
(B) THE SETTING ASIDE OF RESERVES OR SINKING FUNDS AND THE REGULATION
OR DISPOSITION THEREOF;
(C) LIMITATIONS ON THE PURPOSE TO WHICH THE PROCEEDS OF SALE OF ANY
ISSUE OF SUCH BONDS OR NOTES THEN OR THEREAFTER TO BE ISSUED MAY BE
APPLIED;
(D) LIMITATIONS ON THE ISSUANCE OF ADDITIONAL BONDS OR NOTES, THE
TERMS UPON WHICH ADDITIONAL BONDS OR NOTES MAY BE ISSUED AND SECURED,
AND UPON THE REFUNDING OF OUTSTANDING OR OTHER BONDS OR NOTES;
(E) THE PROCEDURE, IF ANY, BY WHICH THE TERMS OF ANY CONTRACT WITH THE
HOLDERS OF BONDS OR NOTES MAY BE AMENDED OR ABROGATED, THE AMOUNT OF
BONDS OR NOTES THE HOLDERS OF WHICH MUST CONSENT THERETO AND THE MANNER
IN WHICH SUCH CONSENT MAY BE GIVEN;
(F) PROVIDING FOR THE RIGHTS AND REMEDIES OF THE HOLDERS OF BONDS OR
NOTES IN THE EVENT OF DEFAULT, PROVIDED, HOWEVER, THAT SUCH RIGHTS AND
REMEDIES SHALL NOT BE INCONSISTENT WITH THE GENERAL LAWS OF THIS STATE;
AND
(G) ANY OTHER MATTERS OF LIKE OR DIFFERENT CHARACTER, WHICH IN ANY WAY
AFFECT THE SECURITY AND PROTECTION OF THE BONDS OR NOTES AND THE RIGHTS
OF THE HOLDERS THEREOF.
§ 1306. ADOPTION OF REGULATIONS. THE AGENCY SHALL ADOPT REGULATIONS
PROVIDING FOR QUALIFICATIONS OF A MEMBER OF A GOLD STAR FAMILY, REQUIRE-
MENTS AND LIMITATIONS AS TO ADJUSTMENTS OF TERMS AND CONDITIONS OF
REPAYMENT, FUNDING PRIORITIES AND ANY ADDITIONAL REQUIREMENTS AS IT
DEEMS NECESSARY TO CARRY OUT THE PURPOSES OF THIS ARTICLE.
§ 21. 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) MEMBER OF A GOLD STAR FAMILY. NOTWITHSTANDING THE PROVISIONS OF
SUBSECTIONS (A), (B), (C) AND (D) OF THIS SECTION AND ANY OTHER
PROVISION OF THIS ARTICLE, FOR TAXABLE YEARS BEGINNING ON AND AFTER
JANUARY FIRST, TWO THOUSAND TWENTY-FIVE, THE GROSS INCOME OF A RESIDENT
INDIVIDUAL WHO IS A MEMBER OF A GOLD STAR FAMILY SHALL BE EXEMPT FROM
TAX UNDER THIS ARTICLE REGARDLESS OF WHETHER SUCH INCOME IS SUBJECT TO
FEDERAL INCOME TAXATION. FOR THE PURPOSES OF THIS SUBSECTION "MEMBER OF
A GOLD STAR FAMILY" MEANS A VETERAN, THE SPOUSE OF A VETERAN, THE UNRE-
MARRIED SURVIVING SPOUSE OF A VETERAN, OR THE CHILD OF A VETERAN. SUCH
TERM SHALL ALSO INCLUDE THOSE MILITARY PERSONNEL WHO SERVED IN THE
RESERVE COMPONENT OF THE UNITED STATES ARMED FORCES THAT WERE DEEMED ON
ACTIVE DUTY UNDER EXECUTIVE ORDER 11519 SIGNED MARCH TWENTY-THIRD, NINE-
A. 6934 13
TEEN HUNDRED SEVENTY, 35 FEDERAL REGISTER 5003, DATED MARCH TWENTY-
FOURTH, NINETEEN HUNDRED SEVENTY AND LATER DESIGNATED BY THE UNITED
STATES DEPARTMENT OF DEFENSE AS OPERATION GRAPHIC HAND, IF SUCH MEMBER
(A) WAS DISCHARGED OR RELEASED THEREFROM UNDER HONORABLE CONDITIONS, OR
(B) HAS A QUALIFYING CONDITION, AS DEFINED IN SECTION ONE OF THE VETER-
ANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT
OR DISHONORABLE FROM SUCH SERVICE, OR (C) IS A DISCHARGED LGBT VETERAN,
AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW, AND HAS
RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM SUCH
SERVICE, PROVIDED THAT SUCH VETERAN MEETS ALL OTHER QUALIFICATIONS OF
THIS SUBSECTION.
§ 22. Subparagraph (c) of paragraph 1 of subsection (e) of section 606
of the tax law, as amended by chapter 713 of the laws of 1996, is relet-
tered subparagraph (C) and amended to read as follows:
(C) "Household gross income" means the aggregate adjusted gross income
of all members of the household for the taxable year as reported for
federal income tax purposes, or which would be reported as adjusted
gross income if a federal income tax return were required to be filed,
with the modifications in subsection (b) of section six hundred twelve
OF THIS ARTICLE but without the modifications in subsection (c) of such
section, plus any portion of the gain from the sale or exchange of prop-
erty otherwise excluded from such amount; earned income from sources
without the United States excludable from federal gross income by
section nine hundred eleven of the internal revenue code; support money
not included in adjusted gross income; nontaxable strike benefits;
supplemental security income payments; the gross amount of any pension
or annuity benefits to the extent not included in such adjusted gross
income (including, but not limited to, railroad retirement benefits and
all payments received under the federal social security act and veter-
ans' disability pensions; PROVIDED, HOWEVER, THAT HOUSEHOLD GROSS INCOME
FOR A MEMBER OF A GOLD STAR FAMILY SHALL NOT INCLUDE PAYMENTS RECEIVED
UNDER FEDERAL VETERANS' DISABILITY PENSIONS); nontaxable interest
received from the state of New York, its agencies, instrumentalities,
public corporations, or political subdivisions (including a public
corporation created pursuant to agreement or compact with another state
or Canada); workers' compensation; the gross amount of "loss-of-time"
insurance; and the amount of cash public assistance and relief, other
than medical assistance for the needy, paid to or for the benefit of the
qualified taxpayer or members of [his] SUCH QUALIFIED TAXPAYER'S house-
hold. Household gross income shall not include surplus foods or other
relief in kind or payments made to individuals because of [their] SUCH
INDIVIDUALS' status as victims of Nazi persecution as defined in P.L.
103-286. PROVIDED, FURTHER, HOUSEHOLD GROSS INCOME FOR MEMBERS OF A
GOLD STAR FAMILY SHALL NOT INCLUDE SCHOLARSHIPS OR OTHER FINANCIAL
ASSISTANCE AWARDED PURSUANT TO THE EDUCATION LAW. Provided, further,
household gross income shall only include all such income received by
all members of the household while members of such household. FOR THE
PURPOSES OF THIS SUBPARAGRAPH, "MEMBER OF A GOLD STAR FAMILY" MEANS A
VETERAN, THE SPOUSE OF A VETERAN, THE UNREMARRIED SURVIVING SPOUSE OF A
VETERAN, OR THE CHILD OF A VETERAN. SUCH TERM SHALL ALSO INCLUDE THOSE
MILITARY PERSONNEL WHO SERVED IN THE RESERVE COMPONENT OF THE UNITED
STATES ARMED FORCES THAT WERE DEEMED ON ACTIVE DUTY UNDER EXECUTIVE
ORDER 11519 SIGNED MARCH TWENTY-THIRD, NINETEEN HUNDRED SEVENTY, 35
FEDERAL REGISTER 5003, DATED MARCH TWENTY-FOURTH, NINETEEN HUNDRED
SEVENTY AND LATER DESIGNATED BY THE UNITED STATES DEPARTMENT OF DEFENSE
AS OPERATION GRAPHIC HAND, IF SUCH MEMBER (A) WAS DISCHARGED OR RELEASED
A. 6934 14
THEREFROM UNDER HONORABLE CONDITIONS, OR (B) HAS A QUALIFYING CONDITION,
AS DEFINED IN SECTION ONE OF THE VETERANS' SERVICES LAW, AND HAS
RECEIVED A DISCHARGE OTHER THAN BAD CONDUCT OR DISHONORABLE FROM SUCH
SERVICE, OR (C) IS A DISCHARGED LGBT VETERAN, AS DEFINED IN SECTION ONE
OF THE VETERANS' SERVICES LAW, AND HAS RECEIVED A DISCHARGE OTHER THAN
BAD CONDUCT OR DISHONORABLE FROM SUCH SERVICE, PROVIDED THAT SUCH VETER-
AN MEETS ALL OTHER QUALIFICATIONS OF THIS SUBDIVISION.
§ 23. Severability clause. If any clause, sentence, paragraph, subdi-
vision, section or part of this act shall be adjudged by any court of
competent jurisdiction to be invalid, such judgment shall not affect,
impair, or invalidate the remainder thereof, but shall be confined in
its operation to the clause, sentence, paragraph, subdivision, section
or part thereof directly involved in the controversy in which such judg-
ment shall have been rendered. It is hereby declared to be the intent of
the legislature that this act would have been enacted even if such
invalid provisions had not been included herein.
§ 24. This act shall take effect on the one hundred eightieth day
after it shall have become a law. Effective immediately, the addition,
amendment and/or repeal of any rule or regulation necessary for the
implementation of this act on its effective date are authorized to be
made and completed on or before such effective date.