New York A02229 establishes a tax credit for employers who hire New York National Guard and Reserve members.

New York A02229 amends the tax law to create a wage tax credit for employers who hire New York National Guard and Reserve members. The credit is $1,500 for each member employed and $2,500 for each member who has completed or returned from a deployment or activation. The credit cannot exceed $2,500 per member. Employers must comply with the Uniformed Services Employment and Reemployment Rights Act. The credit applies to taxable years beginning on or after January 1, 2028.

New York A02229 establishes a tax credit for employers who hire New York National Guard and Reserve members.

New York A02229 amends the tax law to create a wage tax credit for employers who hire New York National Guard and Reserve members. The credit is $1,500 for each member employed and $2,500 for each member who has completed or returned from a deployment or activation. The credit cannot exceed $2,500 per member. Employers must comply with the Uniformed Services Employment and Reemployment Rights Act. The credit applies to taxable years beginning on or after January 1, 2028.