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Bill > A06790


NY A06790

NY A06790
Provides that for taxable years beginning on and after January first, two thousand twenty-five, a resident taxpayer who serves as an active volunteer firefighter or as a volunteer ambulance worker shall be allowed a credit against the tax imposed equal to eight hundred dollars; provides for a real property tax exemption under certain circumstances to an enrolled member of an incorporated volunteer fire company, fire department or incorporated voluntary ambulance service residing in such city, vi


summary

Introduced
03/14/2025
In Committee
03/14/2025
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the tax law and the real property tax law, in relation to tax credits for volunteer firefighters and volunteer ambulance workers

AI Summary

This bill provides an expanded tax credit and property tax exemption for volunteer firefighters and ambulance workers in New York State. Starting in the 2025 tax year, active volunteer firefighters and ambulance workers who are residents will be eligible for an increased tax credit of $800, up from the previous $200 credit. The bill also modifies the rules about receiving this credit alongside property tax exemptions, allowing taxpayers to claim both benefits starting in 2025. For married couples who file jointly and both qualify as volunteer firefighters or ambulance workers, the joint credit will increase from $400 to $1,600 in the 2025 tax year. Additionally, the bill expands the property tax exemption eligibility by broadening the geographic areas in which a volunteer can reside while still qualifying for the exemption, now including school districts, special districts, and fire districts. These changes aim to provide greater financial support and recognition for essential volunteer emergency service workers who contribute significantly to local community safety.

Committee Categories

Budget and Finance

Sponsors (32)

Last Action

referred to ways and means (on 03/14/2025)

bill text


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