|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Apr 30, 2019||reported and committed to finance|
|Mar 11, 2019||notice of committee consideration - requested|
|Jan 09, 2019||referred to investigations and government operations|
senate Bill S338
Current Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S338 (ACTIVE) - Details
S338 (ACTIVE) - Summary
Relates to increasing the volunteer firefighters' and ambulance workers' credit; increases the amount of the credit from $200 to $500 for single filers who have served for less than five years and from $200 to $1,000 for single filers who serve at least five years and from $400 to $1,000 for spouses filing jointly where one spouse has served less than five years and from $400 to $2,000 for spouses filing jointly who have each served at least five years.
S338 (ACTIVE) - Sponsor Memo
BILL NUMBER: S338 REVISED 3/12/2019 SPONSOR: AKSHAR TITLE OF BILL: An act to amend the tax law, in relation to increasing the volunteer firefighters' and ambulance workers' credit PURPOSE OR GENERAL IDEA OF BILL: This bill provides a tax credit of five hundred dollars to any volunteer firefighter or ambulance worker who has been active for the entire taxa- ble year for which the credit is sought. For first responders who quali- fy for this tax credit that have served a minimum of five years they shall be allowed one thousand dollars of credit. As for the case of husband and wife who file a joint tax return, one thousand dollars shall be offered where at least one of the qualifying spouses has served as an active volunteer, first responder for less than five years. For a husband and wife who file a joint return, who have served a minimum of five years, and qualify for the credit, they shall be allowed a credit of two thousand dollars. SUMMARY OF SPECIFIC PROVISIONS:
S338 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 338 2019-2020 Regular Sessions I N S E N A T E (PREFILED) January 9, 2019 ___________ Introduced by Sen. AKSHAR -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to increasing the volunteer firefighters' and ambulance workers' credit THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subsection (e-2) of section 606 of the tax law, as added by section 1 of part U of chapter 62 of the laws of 2006, paragraph 2 as amended by chapter 532 of the laws of 2007, paragraph 3 as added and paragraph 4 as renumbered by section 4 of part N of chapter 61 of the laws of 2006, and as relettered by section 1 of part K of chapter 59 of the laws of 2014, is amended to read as follows: (e-2) Volunteer firefighters' and ambulance workers' credit. (1) For taxable years beginning on and after January first, two thousand seven AND BEFORE JANUARY FIRST, TWO THOUSAND NINETEEN, a resident taxpayer who serves as an active volunteer firefighter as defined in subdivision one of section two hundred fifteen of the general municipal law or as a volunteer ambulance worker as defined in subdivision fourteen of section two hundred nineteen-k of the general municipal law shall be allowed a credit against the tax imposed by this article equal to two hundred dollars. FOR TAXABLE YEARS BEGINNING ON AND AFTER JANUARY FIRST, TWO THOUSAND NINETEEN, A RESIDENT TAXPAYER WHO SERVES AS AN ACTIVE VOLUNTEER FIREFIGHTER AS DEFINED IN SUBDIVISION ONE OF SECTION TWO HUNDRED FIFTEEN OF THE GENERAL MUNICIPAL LAW OR AS A VOLUNTEER AMBULANCE WORKER AS DEFINED IN SUBDIVISION FOURTEEN OF SECTION TWO HUNDRED NINETEEN-K OF THE GENERAL MUNICIPAL LAW AND HAS BEEN IN GOOD STANDING FOR A PERIOD OF FOUR YEARS OR LESS SHALL BE ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTICLE EQUAL TO FIVE HUNDRED DOLLARS AND A RESIDENT TAXPAYER WHO SERVES AS AN ACTIVE VOLUNTEER FIREFIGHTER OR VOLUNTEER AMBULANCE WORKER AND HAS EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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