Bill > A08817

This bill relates to increasing the volunteer firefighters' and ambulance workers' credit. It increases the amount of the credit from $200 to $500 for single filers and from $400 to $1,000 for spouses filing jointly for taxable years beginning on or after January 1, 2021. The bill also specifies that the credit is available to resident taxpayers who serve as active volunteer firefighters or volunteer ambulance workers for the entire taxable year. If a taxpayer receives a real property tax exemption related to such service, they are not eligible for this credit, with some exceptions.