Provides gross income tax credit to active members of volunteer emergency service organizations in New Jersey.

This bill establishes a gross income tax credit for active members of volunteer emergency service organizations in New Jersey. Active members who perform a minimum amount of qualifying service during the taxable year are eligible for a $1,000 credit, while those who perform more than the minimum amount are eligible for a $1,500 credit. The credit is refundable if it reduces the taxpayer's liability to less than zero. The bill also requires volunteer emergency services organizations to certify active members annually to the director, who will use this information to verify eligibility.

Provides gross income tax credit to active members of volunteer emergency service organizations in New Jersey.

This bill establishes a gross income tax credit for active members of volunteer emergency service organizations in New Jersey. Active members who perform a minimum amount of qualifying service during the taxable year are eligible for a $1,000 credit, while those who perform more than the minimum amount are eligible for a $1,500 credit. The credit is refundable if it reduces the taxpayer's liability to less than zero. The bill also requires volunteer emergency services organizations to certify active members annually to the director, who will use this information to verify eligibility.