Bill > S03747

This bill provides a tax credit for the cost of fishing and hunting licenses issued to volunteer firefighters and volunteer ambulance workers in New York. The credit is available to resident taxpayers who have served as an active volunteer firefighter or volunteer ambulance worker for the previous 12 consecutive months. The credit can be claimed against the state income tax and if the credit exceeds the taxpayer's tax liability, the excess can be carried over to the following year or years. The bill applies to taxable years beginning on or after January 1, 2022.