Vermont H0300 establishes a $500 refundable income tax credit for qualified emergency responders.

Vermont H0300 introduces a refundable income tax credit of $500 for qualified emergency responders. This includes emergency medical personnel, first responders, and volunteer firefighters who are licensed or in good standing. The credit applies to taxable years beginning on and after January 1, 2025. The Council is tasked with establishing standards for active service for volunteer firefighters to determine eligibility for the tax credit.

Vermont H0300 establishes a $500 refundable income tax credit for qualified emergency responders.

Vermont H0300 introduces a refundable income tax credit of $500 for qualified emergency responders. This includes emergency medical personnel, first responders, and volunteer firefighters who are licensed or in good standing. The credit applies to taxable years beginning on and after January 1, 2025. The Council is tasked with establishing standards for active service for volunteer firefighters to determine eligibility for the tax credit.