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NY S01486
Bill
Status
Introduced
1/10/2025
Primary Sponsor
Thomas O'Mara
Click for details
AI Summary
- Increases the existing $200 tax credit for volunteer firefighters and ambulance workers by adding an additional $400 credit (totaling $600) for those with four or more consecutive years of active service, effective January 1, 2028
- Allows married couples filing jointly who both qualify to receive double the credit amounts ($400 base or $800 for long-term service)
- Exempts motor vehicles owned by volunteer firefighters and ambulance workers from registration fees, vehicle use taxes, and the $15 service charge for distinctive volunteer license plates when used for volunteer duties
- Authorizes fire companies and departments to use fire insurance premium tax revenues for recruitment and retention purposes, including contributions toward medical, surgical, and hospital insurance for volunteers
- Establishes a volunteer recruitment service loan forgiveness program through HESC, allowing volunteer organizations to submit up to three applications annually for members who have served at least one year and graduated from a degree program, with awards capped at the lesser of the loan amount, tuition charged, or SUNY annual tuition for up to 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
NOTICE OF COMMITTEE CONSIDERATION - REQUESTED
3/9/2026
Committee Referrals
Budget and Revenue1/10/2025
Full Bill Text
No bill text available