News from
Assemblyman
123th Assembly District

Gary D. Finch

For immediate release:
March 21st , 2006
 
Contact:
Suzanne Redmond
 
District Office: 69 SOUTH ST, AUBURN 13021 (315)-255-3045 
Albany Office:
LOB 723, ALBANY 12248 (518)-455-5878

 

FOR RELEASE: IMMEDIATELY                                                                            CONTACT: MATT MOYSE (518) 455-5981
 

ASSEMBLYMAN FINCH JOINS ASSEMBLY MINORITY TO INTRODUCE


  “PATRIOT PLAN IV”
 

     Assemblyman Gary D. Finch (R, C – Springport) today joined his colleagues in the Assembly Minority Conference to introduce Patriot Plan IV, which provides added benefits to New York state’s veterans and military personnel.

     For the last three consecutive legislative sessions Assemblyman Finch has supported the three previous Patriot Plans, all of which successfully passed the legislature and were signed into law by Governor Pataki. Patriot Plan IV consists of proposals left out of previously enacted legislation. Like Patriot Plans I, II and III, the new measure
is designed to provide tax relief and other benefits to military personnel serving our state and nation.

      “I am pleased I am able to propose this package with my colleagues that will further advocate for our servicemen and women,” said Finch. “With this package, I am confident that the Assembly Minority Conference is
again making strides to advocate for the servicemen and women living in New York by offering them added benefits for their dedicated and proud service.”

Patriot Plan IV initiatives include:

  • Patriot Family Support Fund – Creates a tax-exempt “Patriot Family Support Fund” donation designation on New York state income tax returns.
     

  • Performance Duty Disability Retirement Benefits – Provides performance of duty disability retirement benefits for state and local government employees who are members of the military or Reserves and are
    injured in combat.
     

  • Wage Tax Credits – Establishes a wage tax credit for businesses that employ members of the National Guard and Reserves, and for businesses that comply with Uniformed Services Employment and Reemployment Rights Act requirements.
     

  • Unemployment Insurance Waiver – Waives business unemployment insurance increases due members of the National Guard and Reserves who are ordered to federal or state active duty for more than 30 days.
     

  • Exempt Military Pay Subject to State Income Tax – Exempts federal active duty income from state taxes for permanent state residents who maintain a: permanent address in New York state and served on federal
    active duty outside the state for 90 or more days during the tax year; permanent residence outside the state for the entire tax year; residence in New York other than their permanent address while serving on federal active duty orders.
     

  • Property Tax Exemptions – Allows additional official military documentation other than the DD-214 to be eligible for the veterans real property tax exemption.
     

  • Home Loan Guarantee – Expands the federal home loan guarantee for VA qualified state National Guard and Reserve veterans by providing a state tax credit for the extra three-quarters of a percent difference in
    funding fee charges between VA active-duty veterans and eligible Guard and Reserve veterans.
     

  • Affordable Home Ownership for Disabled Veterans – Makes the Affordable Home Ownership Development Program available to homebuyers who are service-related disabled veterans.
     

  • Veterans Assisted Forward Commitment Mortgages – Authorizes SONYMA to purchase veterans-assisted forward commitment loans from banks offering low down payments and low interest rates.
     

  • Veterans Home, Rehabilitation and Land Ownership Assistance Loans – Authorizes the state Housing Finance Agency (HFA) to provide home purchase and rehabilitation loans of up to 20 percent of the value of
    the home to honorably discharged veterans. Provides up to 20 percent of the value of a home for rehabilitation and repair or up to $40,000 for the purchase of unimproved real property.
     

  • Child Custody and Divorce Proceedings – Ensures that a military parent’s deployment would not be a factor in a child custody determination when a suitable child care plan is presented.
     

  • National Guard/Reserve Education Benefits for Surviving Family Members – Provides free tuition, room and board at SUNY and CUNY schools for survivors of state military personnel who die on state or federal active duty.
     

  • Military Medics and State EMT Qualifications – Allows those who have completed the Army’s advanced individual training course for combat medic, Navy corpsman training for field medical service technician or
    Air Force para-rescue to be granted certification as emergency medical technicians in New York.

     “It is important that we continue to build off the already successful  Patriot Plans I, II, and III by passing Patriot Plan IV and allowing  Gov. Pataki to sign it into law,” concluded Finch. “These brave men and
women have sacrificed for our country and state what many are unwilling to. For that, we should reward them by offering them added benefits to simple programs for their dedicated service.”

                                                                    -30-                                                                   3/21/06