Bill
Bill > A04728
NY A04728
NY A04728Repeals the provision of law that volunteer firefighters and ambulance workers who receive a real property tax exemption for service may not receive the income tax credit for such service.
summary
Introduced
02/23/2023
02/23/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to repeal paragraph 2 of subsection (e-1) of section 606 of the tax law relating to the volunteer firefighters' and ambulance workers' credit
AI Summary
This bill repeals the provision of law that volunteer firefighters and ambulance workers who receive a real property tax exemption for their service are not eligible for the income tax credit for such service. The bill will take effect immediately and apply to taxable years beginning on or after January 1, 2025. This change will allow volunteer firefighters and ambulance workers who receive the real property tax exemption to also claim the income tax credit, providing them with additional tax benefits for their important community service.
Committee Categories
Budget and Finance
Sponsors (9)
Brian Maher (R)*,
Joe Angelino (R),
Scott Bendett (R),
Karl Brabenec (R),
Ari Brown (R),
Joe DeStefano (R),
Ed Flood (R),
Dave McDonough (R),
Matt Slater (R),
Last Action
referred to ways and means (on 01/03/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A4728 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A04728&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A04728 |
Loading...