S T A T E O F N E W Y O R K
________________________________________________________________________
4118
2025-2026 Regular Sessions
I N S E N A T E
February 3, 2025
___________
Introduced by Sen. SCARCELLA-SPANTON -- read twice and ordered printed,
and when printed to be committed to the Committee on Budget and Reven-
ue
AN ACT to amend the tax law, in relation to a veteran tax deduction
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subsection (c) of section 612 of the tax law is amended by
adding a new paragraph 48 to read as follows:
(48) IN THE CASE OF A TAXPAYER WHO IS A VETERAN, AN AMOUNT EQUAL TO
SIX THOUSAND DOLLARS. FOR THE PURPOSES OF THIS SECTION, THE TERM "VETER-
AN" SHALL HAVE THE SAME MEANING AS DEFINED IN SUBDIVISION THREE OF
SECTION ONE OF THE VETERANS' SERVICES LAW.
§ 2. This act shall take effect immediately and shall apply to all
taxable years beginning on or after January 1, 2025.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD08355-01-5