BILL NUMBER: S7642
SPONSOR: COMRIE
 
TITLE OF BILL:
An act to amend the public health law, in relation to excluding the five
New York state veterans homes from certain assessments
 
PURPOSE:
To exempt New York's veterans homes from the Cash Assessment Receipts
Tax.
 
SUMMARY OF PROVISIONS:
Section I amends Paragraph (b) of subdivision I of section 2807-d of the
public health law. Section 2 directs the commissioner of health to take
necessary actions to implement this law. Section 3 sets the effective
date.
 
JUSTIFICATION:
The 'Cash Assessment Receipts Tax,' set at 6.8%, is a tax on gross
receipts received from all patient care services and other operating
income (except personal needs allowances and refunds) on a cash basis.
Facilities dedicated solely to the care of police, firefighters, volun-
teer firefighters, and emergency service personnel are already exempted
from this requirement, as an acknowledgement of the essential services
that these facilities provide to retired public servants. In recognition
of the invaluable service given to the nation, this exemption should be
extended to New York's veterans homes, as well.
 
LEGISLATIVE HISTORY:
This is a new bill.
 
FISCAL IMPLICATIONS:
None to the state.
 
EFFECTIVE DATE:
This law shall take effect on January 1, 2026.