Bill > S07286

This bill provides that for taxable years beginning on and after January 1, 2024, a resident taxpayer who serves as an active volunteer firefighter or volunteer ambulance worker shall be allowed a credit against their tax imposed equal to $800. The bill also provides a real property tax exemption under certain circumstances to an enrolled member of an incorporated volunteer fire company, fire department, or incorporated voluntary ambulance service residing in the city, village, town, school district, special district, fire district, or county served by such organization. The bill makes changes to the existing tax credit for volunteer firefighters and ambulance workers, increasing the amount from $200 to $800 for taxable years beginning on or after January 1, 2024, and expanding the eligibility requirements for the real property tax exemption.