Bill
Bill > A05430
NY A05430
NY A05430Repeals the provision of law that volunteer firefighters and ambulance workers who receive a real property tax exemption for service may not receive the income tax credit for such service.
summary
Introduced
02/12/2019
02/12/2019
In Committee
01/08/2020
01/08/2020
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
2019-2020 General Assembly
Bill Summary
AN ACT to repeal paragraph 2 of subsection (e-2) of section 606 of the tax law relating to the volunteer firefighters' and ambulance workers' credit The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1
AI Summary
This bill repeals the provision of law that prevents volunteer firefighters and ambulance workers who receive a real property tax exemption for their service from also receiving the income tax credit for that same service. This change allows these volunteers to receive both the real property tax exemption and the income tax credit, providing them with additional financial benefits for their important community contributions.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
held for consideration in ways and means (on 07/17/2020)
Official Document
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