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History
- Referred to investigations and government operations
- Reported and committed to finance
- Referred to investigations and government operations
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Exempts the amount of any service award paid to any volunteer firefighter or ambulance worker from personal income tax
In Assembly Committee · Ways And Means · Sponsor Robin Schimminger
Full text
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Sponsor's memo
Title of bill
An act to amend the tax law, in relation to exempting the proceeds from service award programs for volunteer firefighters and ambulance workers from personal income taxes
Purpose of the bill
To correct an inequity with comparable benefits by providing that length of service award benefits for volunteer firefighters and volunteer ambulance workers be exempt from taxation.
Summary of specific provisions
Article 22 of the tax law regarding personal income is amended by adding new paragraph 3-d to subsection (c) of section 612.
Justification
Service award programs were created as a means of aiding in the recruitment and especially the retention of volunteer firefighters and volunteer ambulance workers.
There is no question that the retention of volunteers has been aided by the service awards provided by the enactment of the length of service program law. Unfortunately, the benefits to both the individual and to fire safety (through retention) are now being called into question as it becomes known that income that will be derived will be treated as personal income for taxation purposes.
This bill seeks to correct what is essentially an inequity, both with respect to the spirit in which the law was created and as compared to certain other benefits generally available, such as disability income, social security benefits, and pensions and annuities.
Prior legislative history
2007-2008: A.4895-B/S.2026-B; 2005-2006: A.957A/S.1908-A; 2003-2004: A.2592/S.4109; 2001-2002: A.8737/S.4841; 1999-2000: A.11007/S.7642.
Fiscal implications
None.
Effective date
This act shall take effect immediately and apply to taxable years beginning on and after January 1, 2010.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.