New York S00314 offers a personal income tax credit for active-duty U.S. armed forces members who pay fishing and hunting fees.

New York S00314 amends the tax law to provide a personal income tax credit for active-duty U.S. armed forces members who pay fishing and hunting fees. This credit matches the amount of fees paid for hunting and fishing licenses, privileges, tags, and permits. If the credit exceeds the taxpayer's tax for the year, the excess can be carried over to the following year. The credit applies to taxable years beginning on or after January 1, 2027.

New York S00314 offers a personal income tax credit for active-duty U.S. armed forces members who pay fishing and hunting fees.

New York S00314 amends the tax law to provide a personal income tax credit for active-duty U.S. armed forces members who pay fishing and hunting fees. This credit matches the amount of fees paid for hunting and fishing licenses, privileges, tags, and permits. If the credit exceeds the taxpayer's tax for the year, the excess can be carried over to the following year. The credit applies to taxable years beginning on or after January 1, 2027.