BILL NUMBER: S2720A
SPONSOR: ORTT
 
TITLE OF BILL:
An act to amend the tax law, in relation to creating a wage tax credit
for employers who employ New York national guard members, reservists,
volunteer firefighters and EMS personnel
 
PURPOSE:
Establish a wage tax credit for businesses that employ members of the
National Guard and Reserves and for those businesses that fully comply
with the USERRA (Uniformed Services Employment and Reemployment Rights
Act) reemployment requirements.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section 1. Section 210-B of the tax law is amended by adding subdivi-
sions 63 and 64. Employment of New York National Guard and reserve
members wage tax credit. A taxpayer shall be allowed a credit, to be
computed as provided in this subdivision, against the tax imposed by
this article, if it employs members of the New York National Guard and
reserves. Provided, however, such taxpayer shall comply with Uniformed
Services Employment and Reemployment Rights Act, as found in section
4301 et seq. of title 18 United States Code. The amount of credit shall
be fifteen hundred dollars.
Section 2 - adding employment of New York National Guard and reserve
members along with employment of volunteer firefighters and EMS a wage
tax credit of fifteen hundred dollars.
Section 3 - Volunteer firefighters and EMS first responder personnel
wage credit of fifteen hundred dollars.
Section 4 - Effective date.
 
JUSTIFICATION:
To encourage employment of volunteer first responders by giving the
employer a wage tax credit for hiring and retaining first responders.
First responders get called away from their job for various reasons so
this legislation would provide an incentive for employers to retain
these dedicated individuals.
 
PRIOR LEGISLATIVE HISTORY:
2023-2024: S.1308/A.2044 Referred to Budget and Revenue/Ways and Means
2021-2022: S. 3644 Referred to Budget and Revenue
2019-20: S.5175 Referred to Budget and Revenues
S4127 of 2013/2014 Referred to Investigations and Government Operations
A384 of 2013/2014 Referred to Investigations and Government Operations
S. 3112A/3202A Reported to Senate Finance Committee
S4008 of 2018 Committed to Finance
 
FISCAL IMPLICATIONS:
To be determined.
 
EFFECTIVE DATE:
This act shall take effect immediately and apply to taxable years begin-
ning on and after January 1, 2028.

Statutes affected:
S2720: 210-B tax law, 606 tax law, 606(i) tax law
S2720A: 210-B tax law, 606 tax law, 606(i) tax law