Alaska HB286 allows municipalities to exempt volunteer firefighters' and emergency medical services providers' homes from property tax up to $10,000.
Alaska HB286 amends the state's property tax code to allow municipalities to exempt or partially exempt from taxation up to $10,000 of the assessed value of real property owned and occupied by residents who volunteer as firefighters or emergency medical services providers. The exemption applies if the volunteer is certified or licensed as required by state law. If multiple eligible individuals share a property, no more than two exemptions can be granted for that property. This Act takes effect immediately.
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