Establishes a tax credit for the cost of veterinary services

This bill creates a tax credit for New York residents who pay for veterinary care for their companion animals. It allows a 50% credit on eligible veterinary costs, capped at $2,000 per year for services like checkups, vaccinations, and treatments for illness or injury. To claim the credit, taxpayers must provide a receipt from a licensed veterinarian and can carry forward any unused credit to future tax years. The credit applies to tax years starting January 1, 2025, and expires on January 1, 2031.