STATE OF NEW YORK
________________________________________________________________________
7030
IN SENATE
March 17, 2016
___________
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:
1 Section 1. Subsection (e-2) of section 606 of the tax law, as added by
2 section 1 of part U of chapter 62 of the laws of 2006, paragraph 2 as
3 amended by chapter 532 of the laws of 2007, paragraph 3 as added and
4 paragraph 4 as renumbered by section 4 of part N of chapter 61 of the
5 laws of 2006, and as relettered by section 1 of part K of chapter 59 of
6 the laws of 2014, is amended to read as follows:
7 (e-2) Volunteer firefighters' and ambulance workers' credit. (1) For
8 taxable years beginning on and after January first, two thousand seven,
9 a resident taxpayer who serves as an active volunteer firefighter as
10 defined in subdivision one of section two hundred fifteen of the general
11 municipal law or as a volunteer ambulance worker as defined in subdivi-
12 sion fourteen of section two hundred nineteen-k of the general municipal
13 law and has been in good standing for a period of four years or less
14 shall be allowed a credit against the tax imposed by this article equal
15 to [two] five hundred dollars. For taxable years beginning on and after
16 January first, two thousand sixteen, a resident taxpayer who serves as
17 an active volunteer firefighter or volunteer ambulance worker and has
18 been in good standing for a minimum of five years shall be allowed a
19 credit against the tax imposed by this article equal to one thousand
20 dollars. In order to receive this credit a volunteer firefighter or
21 volunteer ambulance worker must have been active for the entire taxable
22 year for which the credit is sought.
23 (2) If a taxpayer receives a real property tax exemption relating to
24 such service under title two of article four of the real property tax
25 law, such taxpayer shall not be eligible for this credit; provided,
26 however (A) if the taxpayer receives such real property tax exemption in
27 the two thousand seven taxable year as a result of making application
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14043-02-6