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VT H0300
Bill
Status
2/20/2025
Primary Sponsor
Michael Morgan
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AI Summary
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Creates a $500.00 refundable income tax credit for qualified emergency responders in Vermont
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Eligible recipients include emergency medical personnel, volunteer personnel, and first responders licensed by the Department of Health
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Volunteer firefighters in good standing who meet active service standards set by the Vermont Fire Service Training Council also qualify
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Requires the Vermont Fire Service Training Council to establish rules defining "active service" for volunteer firefighters to determine tax credit eligibility
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Takes effect retroactively on January 1, 2025, applying to taxable years beginning on and after that date
Legislative Description
An act relating to an income tax credit for emergency first responders
Last Action
Read first time and referred to the Committee on Ways and Means
2/20/2025