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Bill

A 2343

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

2025 Regular Session Introduced by Joe DeStefano and 9 co-sponsors

Bill A 2343 exempts New York veterans aged 85 and older from state income tax, providing financial relief and honoring their service in later years.

REFERRED TO WAYS AND MEANS
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Bill Summary · A 2343

Summary of Bill A 2343

Bill Information

  • Bill Number: A 2343
  • Title: Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax
  • Status: Referred to Ways and Means
  • Introduced: January 16, 2025
  • Classification: Bill

Purpose and Intent

Bill A 2343 aims to provide financial relief to senior veterans in New York State by exempting those who are eighty-five years of age and older from paying state income tax. The intent behind this legislation is to honor the service of veterans and to alleviate some of the financial burdens they may face in their later years.

Key Provisions

  • Tax Exemption: The primary provision of the bill is the establishment of an income tax exemption for veterans aged eighty-five and older. This means that eligible veterans would not be required to pay state income tax on their earnings.

Affected Population

  • Veterans: The bill specifically targets veterans who are eighty-five years of age and older. This demographic may include a significant number of individuals who have served in the military and are now facing the challenges of aging.

Legislative Process and Timeline

  • Introduced Date: The bill was introduced on January 16, 2025.
  • Current Status: As of the introduction date, the bill has been referred to the Ways and Means Committee for further consideration. This committee is responsible for reviewing the financial implications of the bill and making recommendations for its advancement.

Related Legislation

Bill A 2343 is part of a broader legislative context, with several related bills from prior sessions, including:
- A 3770
- A 332
- A 1302
- A 10098
- A 1565
- A 1941
- A 5033
- A 2050
- S 5259 (companion bill)

These related bills may provide additional context or similar provisions aimed at supporting veterans or addressing tax issues.

Conclusion

Bill A 2343 represents an effort to support elderly veterans in New York State by providing them with a tax exemption that could enhance their financial stability. As the bill progresses through the legislative process, its implications for veterans and state revenue will be closely examined by the Ways and Means Committee.

Compiled from official sources — confirm details with the bill’s official record.

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