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AR SB152
Bill
Status
Failed
4/27/2011
Primary Sponsor
Jonathan Dismang
Click for details
AI Summary
- Allows a $250 annual income tax credit for volunteer firefighters who complete at least 9 months of volunteer service in the tax year
- Requires volunteer firefighters to meet certification requirements under Arkansas Code § 20-22-806
- Permits unused tax credits to be carried forward for 3 consecutive tax years following the year the credit was earned
- Limits the annual credit claim to the amount of income tax due by the taxpayer
- Effective for tax years beginning January 1, 2011
Legislative Description
To Provide An Income Tax Credit For Volunteer Firefighters.
Last Action
Senate Sine Die adjournment
4/27/2011
Committee Referrals
Revenue & Taxation1/26/2011
Full Bill Text
No bill text available