VA HB991

Creates a $2,000 annual Virginia taxable income subtraction for bona fide volunteer firefighters, emergency medical services personnel, auxiliary police officers, and emergency rescue volunteers beginning January 1, 2027

Defines "bona fide volunteer" as individuals whose only compensation is reimbursement for reasonable expenses or benefits such as length of service awards

Qualifying services must be performed for nonprofit organizations that operate exclusively for the benefit of the general public

Includes all training and training-related activities required by law to perform volunteer emergency services

Amends § 58.1-322.02 of the Code of Virginia relating to subtractions from Virginia taxable income