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S 3420 New York Senate · 2025 Regular Session

Provides a tax credit in the amount of certain fees charged in connection with loans under the federal home loan guarantee program to national guard and reserve vets

Summary
Provides a tax credit in the amount of certain fees charged in connection with loans under the federal home loan guarantee program to national guard and reserve veterans.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProvides tax credit for veterans' loan fees, reducing tax burden - direct tax relief aligning with support indicators.95% confidence ✓ VeteransSupports VeteransProvides tax credit for National Guard/Reserve veterans' home loan fees, expanding financial benefits for veterans under federal loan programs.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 27, 2025 Last action Jan 7, 2026
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO BUDGET AND REVENUE
upper
Jan 27, 2025
Committee
REFERRED TO BUDGET AND REVENUE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of George Borrello
George Borrello
RRepublican/Conservative
NY
57