|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 05, 2022||referred to budget and revenue|
|Mar 05, 2021||referred to budget and revenue|
senate Bill S5444
Current Bill Status - In Senate Committee Budget And Revenue Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S5444 (ACTIVE) - Details
- See Assembly Version of this Bill:
- Current Committee:
- Senate Budget And Revenue
- Law Section:
- Tax Law
- Laws Affected:
- Amd §606, Tax L; amd §§9104 & 9105, Ins L; amd §§401, 404-b & 404-f, V & T L; add §669-i, Ed L
- Versions Introduced in Other Legislative Sessions:
2011-2012: S4646, A7154
2013-2014: S3297, A4781
2015-2016: S2780, A4385
2017-2018: S1994, A4389
2019-2020: S939, A4239
S5444 (ACTIVE) - Summary
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… (view more) establishes a volunteer recruitment service loan forgiveness program.
S5444 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5444 SPONSOR: O'MARA TITLE OF BILL: An act to amend the tax law, the insurance law, the vehicle and traffic law and the education law, in relation to enacting the omnibus emergency services volunteer incentive act PURPOSE: To institute an incentive program for emergency services volunteers. SUMMARY OF SPECIFIC PROVISIONS: Section 1. Title of bill. Section 2. Authorizes a four hundred dollar tax credit for volunteer firefighters and ambulance workers who have been active for four or more consecutive years, so long as they are not receiving a property tax exemption for such volunteer services.
S5444 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5444 2021-2022 Regular Sessions I N S E N A T E March 5, 2021 ___________ Introduced by Sen. O'MARA -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Revenue AN ACT to amend the tax law, the insurance law, the vehicle and traffic law and the education law, in relation to enacting the omnibus emer- gency services volunteer incentive act THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "omnibus emergency services volunteer incentive act". § 2. Paragraphs 1 and 3 of subsection (e-1) of section 606 of the tax law, paragraph 1 as added by section 1 of part U of chapter 62 of the laws of 2006 and paragraph 3 as added by section 4 of part N of chapter 61 of the laws of 2006, are amended to read as follows: (1) For taxable years beginning on and after January first, two thou- sand seven, a resident taxpayer who serves as an active volunteer fire- fighter 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. In order to receive this credit a volunteer firefighter or volunteer ambulance worker must have been active for the entire taxable year for which the credit is sought. FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOUSAND TWENTY- FOUR, A VOLUNTEER FIREFIGHTER OR VOLUNTEER AMBULANCE WORKER WHO HAS BEEN ACTIVE FOR FOUR OR MORE CONSECUTIVE TAXABLE YEARS SHALL BE ALLOWED AN ADDITIONAL CREDIT EQUAL TO FOUR HUNDRED DOLLARS. (3) In the case of a husband and wife who file a joint return and who both individually qualify for the credit under this subsection, the amount of the credit allowed shall be four hundred dollars. FOR TAXABLE YEARS BEGINNING ON OR AFTER JANUARY FIRST, TWO THOUSAND TWENTY-FOUR, A HUSBAND AND WIFE WHO FILE A JOINT RETURN AND WHO BOTH INDIVIDUALLY QUAL- EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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