Bill
Bill > S02033
NY S02033
NY S02033Relates to increasing the volunteer firefighters' and ambulance workers' credit; increases the amount of the credit from $200 to $500 for single filers who have served for less than five years and from $200 to $1,000 for single filers who serve at least five years and from $400 to $1,000 for spouses filing jointly where one spouse has served less than five years and from $400 to $2,000 for spouses filing jointly who have each served at least five years.
summary
Introduced
01/19/2021
01/19/2021
In Committee
03/09/2022
03/09/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 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 who have served for less than five years and from $200 to $1,000 for single filers who serve at least five years and from $400 to $1,000 for spouses filing jointly where one spouse has served less than five years and from $400 to $2,000 for spouses filing jointly who have each served at least five years.
AI Summary
This bill increases the volunteer firefighters' and ambulance workers' tax credit in New York. For single filers who have served for less than five years, the credit is increased from $200 to $500. For single filers who have served at least five years, the credit is increased from $200 to $1,000. For spouses filing jointly where one spouse has served less than five years, the credit is increased from $400 to $1,000. For spouses filing jointly who have each served at least five years, the credit is increased from $400 to $2,000. The changes apply to tax years beginning on or after January 1, 2021.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (4)
Last Action
REPORTED AND COMMITTED TO FINANCE (on 03/09/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S2033 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S02033&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S02033 |
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