What's happening
This bill repeals a provision related to the volunteer firefighters' and ambulance workers' tax credit and makes related renumbering changes.
Why it matters
The bill eliminates a specific portion of the tax credit for volunteer firefighters and ambulance workers. , which could impact the total tax benefit currently provided to these individuals and potentially affect their financial incentive to volunteer.
Renumbering of remaining provisions ensures the law remains organized and coherent. , avoiding confusion after the removal of the relevant section, which is important for legal clarity and administration.
The changes are set to take effect for tax years beginning January 1, 2020. , so current and prospective volunteers, as well as local municipalities, need to be aware of the potential change in tax benefits starting with that tax year.
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Who cares
Headline styles
Update Firefighter Tax Credit
Plain English, a few words. Used as the page title.
Sponsors
History
- Referred to ways and means
- Delivered to assembly
- Passed senateVote 60–0
- Ordered to third reading cal.2105
- Committee discharged and committed to rules
- Print number 3905a
- Amend and recommit to investigations and government operations
- Referred to investigations and government operations
- Returned to senate
- Died in assembly
- Referred to ways and means
- Delivered to assembly
Show 4 earlier actions
- Passed senateVote 60–0
- Ordered to third reading cal.1716
- Committee discharged and committed to rules
- 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.
Change Firefighter Tax Credit
In Assembly Committee · Ways And Means · Sponsor William Magee
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
3905--A
2017-2018 Regular Sessions
IN SENATE
January 30, 2017
Introduced by Sens. GRIFFO, AKSHAR, AVELLA, BONACIC, BROOKS, FUNKE, HELMING, KAMINSKY, LARKIN, ORTT, RANZENHOFER, RITCHIE, SERINO, SEWARD -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Government Operations -- recommitted to the Committee on Investigations and Government Operations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee
AN ACT to amend the tax law, in relation to the volunteer firefighters' and ambulance workers' credit; and to repeal paragraph 2 of subsection (e-2) of section 606 of such law relating thereto
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Paragraph 2 of subsection (e-2) of section 606 of the tax law is REPEALED.
§ 2. Paragraphs 3 and 4 of subsection (e-2) of section 606 of the tax law, paragraph 4 as renumbered by section 4 of part N of chapter 61 of the laws of 2006 and such subsection as relettered by section 1 of part K of chapter 59 of the laws of 2014, are renumbered paragraphs 2 and 3.
§ 3. This act shall take effect immediately and shall apply to taxable years beginning on or after January 1, 2020; provided that the amendments to subsection (e-2) of section 606 of the tax law made by section two of this act shall not affect the repeal of such subsection and shall be deemed repealed therewith.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05239-02-8
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to the volun- teer firefighters' and ambulance workers' credit; and to repeal para- graph 2 of subsection (e-2) of section 606 of such law relating thereto
Purpose
This bill would allow volunteer firefighters and ambulance workers to receive both the volunteer firefighters and ambulance workers tax credit and a locally enacted real property tax exemption.
Summary of provisions
Section one repeals paragraph 2 of subsection (e-2) of section 606 of the tax law. Section two renumbers the paragraphs 3 and 4 of subsection (e-2) of section 606 of the tax law. Section three provides for the effective date.
Justification
Our volunteer firefighters and ambulance workers answer the emergency call no matter the weather, the conditions or the circumstances each and every day, putting their lives on the line for all of us. Over the past few years, the state and its municipalities have sought to encourage more emergency volunteers through a state tax credit and locally enacted real property tax exemptions. Unfortunately, a quirk in the law does not allow a volunteer to receive both a property tax exemption and the state tax credit. In an effort to correct this, this bill would allow volun- teer firefighters and ambulance workers to receive both the tax credit - which amounts to $200 off their income taxes - and a tax exemption which is generally limited to, at most, a $3,000 reduction in the assessed value of their home. Given the enormous amount of time that these volun- teers put in and the savings that local governments realize estimated at $2.9 billion annually from having volunteer fire and ambulance compa- nies, it would seem only fair to allow them to receive both the tax credit and a tax exemption.
Legislative history
2015-16 - S. 2727a - Passed Senate/A. 7240a - Ways and Means Committee 2013-14 - S. 20908 - Passed Senate/A. 2444B - Ways and Means Committee
Fiscal implications
To be determined.
Effective date
Immediate and shall apply to taxable years beginning on or after January 1, 2020.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.