Bill > S01486

This bill enacts the "Omnibus Emergency Services Volunteer Incentive Act" to provide several benefits to volunteer firefighters and ambulance workers. Starting in 2028, volunteers who have served for four or more consecutive years will be eligible for an enhanced tax credit of $400, which can increase to $800 for married couples filing jointly who both qualify. The bill also exempts motor vehicles owned and used by these volunteers in their official duties from registration fees and use taxes. Additionally, it allows fire departments and companies to use certain tax funds for recruitment and retention purposes, including contributing to medical insurance plans. The bill establishes a volunteer recruitment service loan forgiveness program, where volunteer organizations can submit applications for loan forgiveness benefits for their members, with specific eligibility criteria such as maintaining active volunteer status for at least one year and graduating from a degree-producing curriculum. The loan forgiveness benefit can cover up to the annual loan amount or annual tuition, whichever is less, and can be awarded for up to five years. These provisions aim to support and incentivize volunteer emergency service workers by providing financial benefits and recognition for their crucial community service.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S1486