Bill
Bill > S02048
NY S02048
NY S02048Relates 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
01/18/2023
01/18/2023
In Committee
03/26/2024
03/26/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to increasing the volunteer firefighters' and ambulance workers' credit
AI Summary
This bill amends the tax law to increase the volunteer firefighters' and ambulance workers' credit. For taxable years beginning on or after January 1, 2024, the credit is increased from $200 to $500 for single filers and from $400 to $1,000 for spouses filing jointly. The bill also clarifies that the credit is only available for taxable years beginning on or after January 1, 2007 and before January 1, 2024.
Committee Categories
Budget and Finance
Sponsors (3)
Last Action
REPORTED AND COMMITTED TO FINANCE (on 03/26/2024)
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/2023/S2048 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S02048&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S02048 |
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