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Bill > S05944


NY S05944

NY S05944
Gives 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
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 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)

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