Bill

Bill > A04404


NY A04404

NY A04404
Relates 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
02/14/2023
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 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. It increases the credit amount from $200 to $500 for single filers and from $400 to $1,000 for spouses filing jointly, effective for taxable years beginning on or after January 1, 2024. The bill also clarifies that the credit applies to taxable years beginning on or after January 1, 2007 and before January 1, 2024.

Committee Categories

Budget and Finance

Sponsors (12)

Last Action

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

bill text


bill summary

Loading...

bill summary

Loading...
Loading...