state_legiscan_drain · NY
Provides that for taxable years beginning on and after January first, two thousand twenty-six, a resident taxpayer who serves as an active volunteer firefighter or as a volunteer ambulance worker shall be allowed a credit against the tax imposed equal to eight hundred dollars; provides for a real property tax exemption under certain circumstances to an enrolled member of an incorporated volunteer fire company, fire department or incorporated voluntary ambulance service residing in such city, village, town, school district, special district, fire district or county.
March 14, 2025
Summary
If enacted, this bill would provide a $800 tax credit to resident taxpayers who serve as active volunteer firefighters or ambulance workers, and also provide a real property tax exemption for enrolled members of volunteer fire companies, fire departments, or ambulance services. The bill affects taxpayers in New York State but does not impose obligations on lenders, servicers, or other financial institutions.
Source: https://www.nysenate.gov/legislation/bills/2025/A6790
Common questions
- What does "Provides that for taxable years beginning on and after January first, two thousand twenty-six, a resident taxpayer who serves as an active volunteer firefighter or as a volunteer ambulance worker shall be allowed a credit against the tax imposed equal to eight hundred dollars; provides for a real property tax exemption under certain circumstances to an enrolled member of an incorporated volunteer fire company, fire department or incorporated voluntary ambulance service residing in such city, village, town, school district, special district, fire district or county." cover?
- If enacted, this bill would provide a $800 tax credit to resident taxpayers who serve as active volunteer firefighters or ambulance workers, and also…
- When was it published?
- It was published on March 14, 2025.