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.”
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3/21/06 |