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A 9672 New York Assembly · 2025 Regular Session

Establishes a returning veterans tax credit for businesses that hire veterans and disabled veterans

Summary
Establishes a returning veterans tax credit for businesses that hire veterans and disabled veterans; provides that such tax credit is worth $3,000 per veteran hired or $4,000 for every disabled veteran hired and the total benefit shall not exceed $15,000 annually.
Issues: ✓ Budget & TaxesSupports Budget & TaxesCreates tax credit for businesses hiring veterans, providing tax relief and directly impacting state tax policy through targeted fiscal incentives.95% confidence ✓ VeteransSupports VeteransProvides $3,000-$4,000 tax credit per veteran/disabled veteran hired, directly incentivizing veteran employment and strengthening workforce opportunities.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2026
Committee Review
Floor Vote
Governor
Introduced Jan 21, 2026 Last action Jan 21, 2026
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Full legislative history

Actions timeline

Total actions
1
Key actions
0
Committee
1
Jan 21, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Michael Cashman
Michael Cashman
DDemocratic
NY
115