Bill

Bill > HB3150


OR HB3150

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.


summary

Introduced
01/13/2025
In Committee
02/24/2025
Crossed Over
Passed
Dead

Introduced Session

2025 Legislative Measures

Bill Summary

The statement includes a measure digest written in compliance with applicable readability standards. Digest: The Act makes a new tax credit for volunteer firefighters. (Flesch Readability Score: 61.3). Establishes an income tax credit for volunteer firefighters. Applies to tax years beginning on or after January 1, 2026, and before January 1, 2032. Takes effect on the 91st day following adjournment sine die.

AI Summary

This bill creates a $1,000 state income tax credit for volunteer firefighters in Oregon, available for tax years between 2026 and 2032. To qualify, individuals must meet at least two specific requirements during the tax year, such as responding to at least 10% of emergency calls, completing 60 training hours, participating in community engagement events, delivering at least 20 hours of public fire safety education, or earning a fire service professional certification. The credit applies to both residents and nonresidents and can be claimed for volunteer services provided to various fire departments, rural fire protection districts, municipal corporations, and public or private safety agencies. Taxpayers must obtain certification from their fire department chief or agency director to claim the credit, which cannot exceed their tax liability and cannot be carried forward to another tax year. The Department of Revenue will create a specific form for claiming the credit and may develop additional administrative rules. Importantly, individuals cannot claim this credit in the same tax year they claim another existing firefighter-related tax credit.

Committee Categories

Budget and Finance, Military Affairs and Security

Sponsors (28)

Last Action

Referred to Revenue by prior reference. (on 02/24/2025)

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