Libous Reminds Locals Of New State Laws For 2015
Published: January 6th, 2015
By: Shawn Magrath

CHENANGO COUNTY – The office of New York State Senator Tom Libous is reminding area residents of a number of new laws that will go into effect this month, encompassing issues from job creation to animal protection.

Two laws designed to help veterans are to go into effect this year. Businesses can receive a tax credit for hiring and employing a qualified veteran. The credit is equal to 10 percent of the total amount of wages paid to the qualified veteran during their first full year of employment. If the veteran is disabled, the credit amount is increased to 15 percent.

A “Homeless Veteran Assistance Fund” will also go into effect which assists homeless veterans with housing and housing-related expenses. A new dedicated tax check-off will allow New Yorkers to make contributions to the fund when filing their personal income taxes.

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