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History
- Print number 1831a
- Amend and recommit to investigations and government operations
- Referred to investigations and government operations
- 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.
Gives state income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $1200
In Assembly Committee · Ways And Means · Sponsor Anthony Brindisi
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to providing for a credit against personal income tax for volunteer firefighters and members of volunteer ambulance corps
Purpose
This bill gives a State income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $1,200.
Summary of provisions
Section 1 amends section 606 of the Tax Law by adding a new subsection (eee) providing volunteer firefighters and members of volunteer ambulance corps service credit. The subsection provides that a member of a volunteer fire department or a member of a volunteer ambulance corps who has been a member in good standing with a volunteer department for a minimum of 5 years and who maintains continuous eligibility, in this State, shall be allowed a credit against any income tax owed by such member in an amount which is equal to the sum of $1,200 or the total amount of the tax owed by the taxpayer if less than $1,200, whichever is lower. Section 2 is the effective date.
Justification
Volunteer firefighters and ambulance corps do not receive compensation for the vital civic duty they render communities statewide. Due to the threat of serious injury associated with these services and the free and very valuable public service they provide, a tax incentive is certainly warranted for these individuals. Many localities have granted certain volunteer firefighters and ambulance workers a real property tax exemption for the performance of such services on a regular and long term basis. Although this property tax exemption is a valuable public regard for their service, many volunteer firefighters and ambulance corps workers, especially younger ones, do not own a home and cannot benefit from such a program. This income tax credit would uniformly benefit nearly all such volunteers, and would provide an important new recruitment tool to attract new volunteer firefighters and ambulance corps workers into this critical public service.
Legislative history
2011-2012: S.6635/A.4593-A; 2013-2014: A.2111-A
Fiscal implications
Minimal to State.
Effective date
This act shall take effect on the first of January next succeeding the date on which it shall have become a law and shall apply to taxable years beginning on or after such date. Effective immediately the Commissioner of Taxation and Finance is authorized to promulgate any and all rules and regulations and take any other measures necessary to implement this act on its effective date on or before such date.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.