Provides a state income tax credit of up to $2500 for volunteer firefighters and volunteer ambulance corps members in good standing for at least five.
New York Assembly Bill A01064 introduces a state income tax credit for volunteer firefighters and members of a volunteer ambulance corps who have been in good standing for at least five years. The credit can be up to $2500, or the total amount of the tax owed, whichever is lower. This benefit is available to those who maintain continued eligibility. The bill aims to recognize and support the service of these volunteers by providing financial relief through the tax system.
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- Core Provisions
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- Legal Framework
- Critical Issues
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