Bill > S04553

This bill provides a tax credit for the cost of fishing and hunting licenses issued to volunteer firefighters and ambulance workers. Specifically, the bill amends the tax law to allow resident taxpayers who have served as active volunteer firefighters or volunteer ambulance workers for at least the previous 12 consecutive months to claim a tax credit against the state income tax for any fees paid for hunting and/or fishing licenses, privileges, tags, and permits. If the credit exceeds the taxpayer's tax liability for the year, the excess can be carried over to the following year(s) and deducted from the taxpayer's tax. The bill applies to taxable years beginning on or after January 1, 2024.