New York S00910 establishes a tax credit for businesses hiring veterans and disabled veterans, offering $3,000 per veteran and $4,000 per disabled.

New York S00910 amends the tax law to create a returning veterans tax credit for businesses. This credit is worth $3,000 per veteran hired or $4,000 per disabled veteran hired, with a maximum annual benefit of $15,000. To qualify, the veteran must be a new employee working at least 35 hours per week and remain employed for 12 months. The credit can be carried over for up to ten years if not fully used in the initial year. The definitions of "veteran" and "disabled veteran" align with those in the civil service law. The credit applies to taxable years beginning on or after January 1, 2027.

New York S00910 establishes a tax credit for businesses hiring veterans and disabled veterans, offering $3,000 per veteran and $4,000 per disabled.

New York S00910 amends the tax law to create a returning veterans tax credit for businesses. This credit is worth $3,000 per veteran hired or $4,000 per disabled veteran hired, with a maximum annual benefit of $15,000. To qualify, the veteran must be a new employee working at least 35 hours per week and remain employed for 12 months. The credit can be carried over for up to ten years if not fully used in the initial year. The definitions of "veteran" and "disabled veteran" align with those in the civil service law. The credit applies to taxable years beginning on or after January 1, 2027.