NY A02654

Bill

Gives state income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $2500; must be in good standing for a minimum of five years and maintain continued eligibility.

Introduced
01/26/2023

In Committee
01/03/2024

Crossed Over

Passed

Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing for a credit against personal income tax for volunteer firefighters and members of volunteer ambulance corps

AI Summary

This bill amends the New York State tax law to provide a state income tax credit of up to $2,500 for volunteer firefighters and members of volunteer ambulance corps who have been in good standing for a minimum of five years and maintain continuous eligibility in the state. The credit is equal to the total amount of tax owed by the taxpayer, up to $2,500. The bill takes effect on January 1, 2024 and applies to taxable years beginning on or after that date.

Committee Categories

Budget and Finance

Sponsors (16)

Joe Angelino (R)*, Scott Bendett (R), Karl Brabenec (R), Keith Brown (R), Marjorie Byrnes (R), Joe DeStefano (R), Michael Durso (R), John Lemondes (R), Brian Manktelow (R), Dave McDonough (R), John Mikulin (R), Brian Miller (R), Angelo Morinello (R), Mike Norris (R), Robert Smullen (R), Chris Tague (R),

Last Action

referred to ways and means (on 01/03/2024)

Official Document

https://www.nysenate.gov/legislation/bills/2023/A2654

(3 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://www.nysenate.gov/legislation/bills/2023/A2654
BillText	https://assembly.state.ny.us/leg/?default_fld=&bn=A02654&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A02654

Bill	Bill Name	Last Action	Type
A00886	Gives state income tax credit to volunteer firefighters and members of volunteer ambulance corps in good standing up to $1200; requires such must be in good standing for a minimum of five years and maintain continued eligibility.	referred to ways and means	Reintroduced
A05313	Gives state income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $2500; must be in good standing for a minimum of five years and maintain continued eligibility.	referred to ways and means	Reintroduced
S06058	Gives state income tax credit to volunteer firefighters and members of a volunteer ambulance corps in good standing up to $2500; must be in good standing for a minimum of five years and maintain continued eligibility.	REFERRED TO BUDGET AND REVENUE	Same As

Bill > A02654

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (16)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary