New York A01490 provides a $750 income tax credit for retired disabled police officers.
New York A01490 amends the tax law to provide a $750 income tax credit for retired disabled police officers. This credit applies to taxable years beginning on and after January 1, 2026. If the credit exceeds the taxpayer's tax for the year, the excess will be treated as an overpayment without interest. This measure directly benefits retired disabled police officers by reducing their tax liability.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.