Bill

Bill > A00288


NY A00288

NY A00288
Repeals 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
01/08/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to repeal paragraph 2 of subsection (e-1) of section 606 of the tax law relating to the effect of the volunteer firefighters' and ambulance workers' property tax credit on the volunteer firefighters' and ambulance workers' income tax credit

AI Summary

This bill repeals a specific provision in the New York state tax law that previously prevented volunteer firefighters and ambulance workers from receiving both a real property tax exemption and an income tax credit for their volunteer service. By removing paragraph 2 of subsection (e-1) of section 606 of the tax law, the legislation allows these emergency service volunteers to potentially benefit from both tax advantages simultaneously. This change recognizes and supports the critical role that volunteer firefighters and ambulance workers play in local communities by providing them with additional financial recognition for their service. The bill will take effect immediately but will apply to taxable years beginning on or after January 1, 2026, giving taxpayers and tax authorities time to understand and implement the new provision.

Committee Categories

Budget and Finance

Sponsors (32)

Last Action

referred to ways and means (on 01/07/2026)

bill text


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