Bill > A01064

This bill proposes to provide a state income tax credit of up to $2,500 for volunteer firefighters and members of volunteer ambulance corps in New York who have been in good standing with their volunteer department for a minimum of five years and maintain continuous eligibility. The tax credit would be equal to either $2,500 or the total amount of tax owed by the taxpayer, whichever is lower. This means that eligible volunteers can receive a significant financial benefit in recognition of their critical community service, potentially offsetting their entire tax liability if it is less than $2,500. The bill would take effect on the first day of January following its enactment and would apply to taxable years beginning on or after that date. The legislation aims to incentivize and support volunteer emergency service providers by offering a meaningful economic benefit for their commitment to public safety.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/A1064