BILL NUMBER: S6005
SPONSOR: BASKIN
TITLE OF BILL:
An act to amend the veterans' services law, in relation to establishing
the hire a vet grant program; and providing for the repeal of such
provisions upon expiration thereof
PURPOSE:
The purpose of this bill is to encourage public employers to hire veter-
ans.
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 of this bill would allow a municipality to claim a grant
equivalent to the credit provided to eligible taxpayers in the "hire a
vet credit" as established in subdivision 29 of section 210-B of the Tax
Law. Specifically this is for 15% not to exceed $15,000 for a veteran
who works full time or 20% or $20,000 for a disabled veteran working
full time. This section also creates a $7,500 benefit for part time
veterans, and $10,000 for part time disabled veterans.
Section 2 of this bill provides that the effective date shall take
effect on the same date and in the same manner as section 2 of part PP
of chapter 56 of the laws of 2022, takes effect; and shall expire and be
deemed repealed January 1, 2027.
JUSTIFICATION:
New York State has long recognized the sacrifices made by veterans in
the service of their country. This recognition takes many forms, includ-
ing extra recognition on civil service exams and pension provisions.
This bill would add an additional incentive to municipalities to hire
veterans, much like the hire a vet tax credit encourages private busi-
nesses to hire veterans, by offering grants to municipalities when they
hire a veteran. The amount of the grants is similar to the amount of tax
credits a private business could receive, and the prerequisites for the
grants are similar to the prerequisites for the tax credits.
LEGISLATIVE HISTORY:
2023-24: S4060 Mannion - Referred to Veterans, Homeland Security and
Military Affairs
2021-22: S.142-C (Kaplan) - Referred to Veterans, Homeland Security and
Military Affairs
2019-20: S.7036 (Kaplan) - Referred to Finance.
2017-18: S.3879-B (Ranzenhofer) - Repassed Senate.
2015-16: S.6462-A (Ranzenhofer) - Passed Senate.
FISCAL IMPLICATIONS:
To be determined.
EFFECTIVE DATE:
This act shall take effect on the same date and in the same manner as
section 2 of part PP of chapter 56 of the laws of 2022, takes effect;
and shall expire and be deemed repealed January 1, 2027.