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NY S09183

Bill

Official Source

Status

Introduced

10/22/2018

Primary Sponsor

Pamela Helming

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Allows volunteer firefighters in New York to claim a personal income tax credit for completing minimum qualifications for instructor certification as outlined in Title 19, Section 426.4 of New York state codes, rules and regulations
  • Tax credit amount equals $500 or the total tax owed by the taxpayer, whichever is lower
  • Credit applies to taxable years beginning on or after January 1, 2019
  • Effective date is January 1 following the date the bill becomes law
  • Authorizes the Commissioner of Taxation and Finance to promulgate rules and regulations necessary to implement the credit

Legislative Description

Provides for a credit against personal income tax for volunteer firefighters who complete qualifications to become a training instructor; further provides that such credit shall be equal to the sum of five hundred dollars or the total amount of the tax owed by the taxpayer if less than five hundred dollars, whichever is lower.

Last Action

REFERRED TO RULES

10/22/2018

Committee Referrals

Rules10/22/2018

Full Bill Text

No bill text available