S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1941
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 18, 2019
                                ___________
 
 Introduced by M. of A. HAWLEY -- read once and referred to the Committee
   on Ways and Means
 
 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 EIGHTEEN,  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.
   § 2. This act shall take effect immediately and  shall  apply  to  all
 taxable years beginning on or after January 1, 2021.
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02078-01-9