Establishes a veteran tax deduction

This bill creates a $6,000 tax deduction for New York taxpayers who are veterans, effective for all taxable years beginning January 1, 2025. The deduction applies to individuals meeting the definition of "veteran" under existing veterans' services law. It directly affects qualifying veterans by reducing their taxable income for state income tax purposes. The provision amends the tax law to add this specific deduction category, with no additional eligibility requirements beyond the established veteran status definition.