Establishes a tax credit for taxpayers who donate equipment or materials to first responder live training programs.

The bill establishes a tax credit for taxpayers who donate equipment or materials to first responder live training programs. The credit is equal to the residual value of the donated items, up to $3,000 per tax year. The credit is allowed for any taxable year in which costs relating to donating or transporting equipment or materials are incurred. The donated items must be desired by the organization sponsoring the relevant training program. The credit applies to taxpayers subject to tax under articles nine, nine-A, or twenty-two of the tax law.

Establishes a tax credit for taxpayers who donate equipment or materials to first responder live training programs.

The bill establishes a tax credit for taxpayers who donate equipment or materials to first responder live training programs. The credit is equal to the residual value of the donated items, up to $3,000 per tax year. The credit is allowed for any taxable year in which costs relating to donating or transporting equipment or materials are incurred. The donated items must be desired by the organization sponsoring the relevant training program. The credit applies to taxpayers subject to tax under articles nine, nine-A, or twenty-two of the tax law.