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NY A07154

Bill

Status

Introduced

4/14/2011

Primary Sponsor

Philip Palmesano

Click for details

Origin

Assembly

2011-2012 General Assembly

AI Summary

  • Increases personal income tax credit for volunteer firefighters and ambulance workers from $200 to $400 annually for those with four or more consecutive years of active service, effective for taxable years beginning January 1, 2013
  • Allows joint filers where both spouses qualify to claim combined additional credits of $800 for four or more years of service
  • Exempts motor vehicles owned and used by volunteer firefighters and ambulance workers from all registration fees, use taxes, and vehicle taxes based on weight or value
  • Eliminates registration fees and service charges for distinctive license plates issued to volunteer firefighters and ambulance workers
  • Authorizes fire companies and departments to use insurance dividend funds for recruitment and retention purposes, including contributions toward health insurance coverage for volunteers
  • Establishes a volunteer recruitment loan forgiveness program allowing volunteer organizations to annually nominate up to three members for loan forgiveness benefits, with awards capped at the lesser of annual loan amount, recipient's tuition, or SUNY tuition, for a maximum of five years

Legislative Description

Enacts the "omnibus emergency services volunteer incentive act" to provide benefits to volunteer firefighters and ambulance workers: increases the personal income tax deduction after four or more years of service; exempts motor vehicles used in the performance of such volunteers' duties from registration fees, use taxes and special fees for volunteer license plates; authorizes the provision of municipal health insurance coverage to such volunteers; establishes a volunteer recruitment service loan forgiveness program.

Last Action

held for consideration in ways and means

6/19/2012

Committee Referrals

Ways and Means4/14/2011

Full Bill Text

No bill text available