Exempts veterans eighty-five years of age and older from the obligation to pay New York state income tax

This bill (A 2343) exempts New York State residents who are veterans aged 85 or older from paying state income tax on their gross income. It directly affects qualifying veterans who are at least 85 years old as of December 31 of the tax year, regardless of their federal tax status. The law changes the tax code to automatically exclude their income from state taxation starting in 2027, applying to all taxable income without requiring additional federal tax considerations. The exemption becomes effective for tax years beginning on or after January 1, 2027.