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Senate Bill S7446

2025-2026 Legislative Session

Exempts veterans from the payment of certain fees relating to corporations

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Current Bill Status - In Senate Committee Veterans, Homeland Security And Military Affairs Committee

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2025-S7446 (ACTIVE) - Details

See Assembly Version of this Bill:
A6094
Current Committee:
Senate Veterans, Homeland Security And Military Affairs
Law Section:
Business Corporation Law
Laws Affected:
Add §104-B, BC L; add §104-B, N-PC L
Versions Introduced in Other Legislative Sessions:
2015-2016: S5529
2017-2018: S116, A6835
2019-2020: S595, A2121
2021-2022: S1504, A7317
2023-2024: S3306, A1354

2025-S7446 (ACTIVE) - Summary

Exempts veterans from the payment of certain fees relating to corporations.

2025-S7446 (ACTIVE) - Sponsor Memo

2025-S7446 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7446
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              April 16, 2025
                                ___________
 
 Introduced  by  Sens.  HOYLMAN-SIGAL, ASHBY, GALLIVAN, HELMING, MATTERA,
   ROLISON, STEC -- read twice and ordered printed, and when  printed  to
   be committed to the Committee on Veterans, Homeland Security and Mili-
   tary Affairs
 
 AN  ACT  to  amend  the  business corporation law and the not-for-profit
   corporation law, in relation to exempting veterans from the payment of
   certain fees relating to corporations
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  business  corporation law is amended by adding a new
 section 104-B to read as follows:
 § 104-B. VETERAN EXEMPTION FROM FEES.
   (A) AS USED IN THIS SECTION, "VETERAN" SHALL MEAN A PERSON WHO  SERVED
 IN  THE UNITED STATES ARMY, NAVY, AIR FORCE, MARINES, COAST GUARD AND/OR
 RESERVES THEREOF, AND/OR IN THE ARMY NATIONAL GUARD, AIR NATIONAL GUARD,
 NEW YORK GUARD, AND/OR NEW YORK NAVAL MILITIA AND WHO (1)  HAS  RECEIVED
 AN HONORABLE OR GENERAL DISCHARGE FROM SUCH SERVICE, OR (2) HAS A QUALI-
 FYING  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;  AND  SUCH
 PERSON IS A RESIDENT OF THE STATE OF NEW YORK AT THE TIME UNDERTAKING AN
 ACTION  SUBJECT  TO A FEE PURSUANT TO SECTION ONE HUNDRED FOUR-A OF THIS
 ARTICLE.
   (B) NOTWITHSTANDING ANY OTHER PROVISION OF LAW, NO  VETERAN  SHALL  BE
 REQUIRED  TO  PAY  THE  FEES  OTHERWISE  REQUIRED BY SECTION ONE HUNDRED
 FOUR-A OF THIS ARTICLE WITHIN FIVE YEARS OF (1) RECEIVING  AN  HONORABLE
 OR  GENERAL  DISCHARGE FROM MILITARY SERVICE, OR (2) RECEIVING CONFIRMA-
 TION FROM THE DEPARTMENT OF VETERANS' SERVICES OF  A  QUALIFYING  CONDI-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07923-01-5
 S. 7446                             2

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