Bill
Bill > S05944
NY S05944
NY S05944Gives state income tax credit to volunteer firefighters and members of volunteer ambulance corps in good standing up to $1200; requires such member must be in good standing for a minimum of five years and maintain continued eligibility.
summary
Introduced
03/23/2023
03/23/2023
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 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 tax law to provide a personal income tax credit of up to $1,200 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. The bill requires the member to be in good standing for at least five years and maintain continued eligibility to qualify for the tax credit. This bill aims to incentivize and support the service of volunteer firefighters and ambulance corps members in New York.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
REFERRED TO BUDGET AND REVENUE (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/S5944 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05944&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05944 |
Loading...