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NY A04047
Bill
Status
Introduced
1/29/2009
Primary Sponsor
James Bacalles
Click for details
AI Summary
- Establishes a personal income tax credit for members of volunteer fire departments and volunteer ambulance corps in New York State
- Requires individuals to have been a member in good standing for a minimum of five years and maintain continuous eligibility to qualify
- Provides a credit amount equal to $1,200 or the total income tax owed by the taxpayer, whichever is lower
- Takes effect January 1, 2010 and applies to taxable years beginning on or after that date
- Authorizes the Commissioner of Taxation and Finance to promulgate rules and regulations necessary to implement the credit
Legislative Description
An act to amend the tax law, in relation to providing for a credit against personal income tax for volunteer firefighters and members of volunteer ambulance corps
Last Action
held for consideration in ways and means
7/1/2010
Committee Referrals
Ways and Means1/29/2009
Full Bill Text
No bill text available