Exempts veterans from the payment of certain fees relating to corporations

Summary

The bill adds a new section to the Business and Not‑for‑Profit Corporation Laws that eliminates the fees normally required under section 104‑A for qualifying veterans who live in New York. It applies for five years after an honorable or general discharge, a confirmed qualifying condition, or confirmation as a discharged LGBT veteran. The exemption must be documented through rules set by the Department of State commissioner.

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