New York bill S00300 proposes a $750 income tax credit for retired disabled police officers.

New York bill S00300 amends the tax law to introduce a $750 income tax credit for resident taxpayers who were police officers in the state and retired due to disability. This credit applies to taxable years beginning on and after January 1, 2026. If the credit exceeds the taxpayer's tax liability for a year, the excess will be treated as an overpayment without interest.

New York bill S00300 proposes a $750 income tax credit for retired disabled police officers.

New York bill S00300 amends the tax law to introduce a $750 income tax credit for resident taxpayers who were police officers in the state and retired due to disability. This credit applies to taxable years beginning on and after January 1, 2026. If the credit exceeds the taxpayer's tax liability for a year, the excess will be treated as an overpayment without interest.