Establishes a tax credit for businesses hiring veterans and disabled veterans in New York.

The bill amends the New York tax law to establish a returning veterans tax credit for businesses. It provides a credit of $3,000 per veteran and $4,000 per disabled veteran hired, with a maximum annual benefit of $15,000. To qualify, veterans must be new employees working at least 35 hours per week for a year, and disabled veterans must work at least 17.5 hours per week for a year. The credit can be carried over for up to ten years if not fully used. The credit cannot reduce the tax liability below zero.

Establishes a tax credit for businesses hiring veterans and disabled veterans in New York.

The bill amends the New York tax law to establish a returning veterans tax credit for businesses. It provides a credit of $3,000 per veteran and $4,000 per disabled veteran hired, with a maximum annual benefit of $15,000. To qualify, veterans must be new employees working at least 35 hours per week for a year, and disabled veterans must work at least 17.5 hours per week for a year. The credit can be carried over for up to ten years if not fully used. The credit cannot reduce the tax liability below zero.