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NY S03297
Bill
Status
6/16/2014
Primary Sponsor
Thomas O'Mara
Click for details
AI Summary
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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 service, effective for taxable years beginning January 1, 2016.
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Exempts motor vehicles owned and used by volunteer firefighters and ambulance workers from all registration fees, vehicle use taxes, and special plate service charges.
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Allows fire companies and fire departments to use municipal health insurance policy dividends for recruitment and retention purposes, including contributions toward employee medical and hospital insurance plans.
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Establishes a volunteer recruitment loan forgiveness program authorizing the state to award loan forgiveness benefits to volunteers attending degree-producing curricula, with annual awards not exceeding the lesser of the recipient's loan amount, tuition charged, or SUNY tuition, for up to five years.
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Permits volunteer organizations to submit up to three annual applications per year, with the corporation using a random selection system if applications exceed available funding.
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
referred to ways and means
6/16/2014