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Bill > S06802


NY S06802

NY S06802
Relates to increasing the volunteer firefighters' and ambulance workers' credit; increases the amount of the credit from $200 to $500 for single filers and from $400 to $1,000 for spouses filing jointly.


summary

Introduced
10/25/2019
In Committee
01/22/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

Relates to increasing the volunteer firefighters' and ambulance workers' credit; increases the amount of the credit from $200 to $500 for single filers and from $400 to $1,000 for spouses filing jointly.

AI Summary

This bill increases the volunteer firefighters' and ambulance workers' tax credit from $200 to $500 for single filers and from $400 to $1,000 for spouses filing jointly. The credit is available to resident taxpayers who serve as active volunteer firefighters or volunteer ambulance workers for the entire taxable year. This change applies to taxable years beginning on or after January 1, 2021.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

REPORTED AND COMMITTED TO FINANCE (on 01/22/2020)

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