Bill > S05033

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 this restriction, the legislation now allows these emergency service volunteers to benefit from both tax advantages simultaneously. The bill will take effect immediately but will apply to taxable years beginning on or after January 1, 2027, which means volunteer emergency workers can start claiming both the property tax exemption and income tax credit starting with the 2027 tax year. This change aims to provide additional financial recognition and support for individuals who dedicate their time to serving their communities as volunteer first responders, potentially making these critical volunteer roles more attractive and sustainable.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S5033