Bill Text: NY S01960 | 2021-2022 | General Assembly | Introduced
Bill Title: Establishes a fifteen thousand dollar tax exemption for an active volunteer firefighter and a volunteer ambulance worker for the year 2021.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-01-05 - REFERRED TO BUDGET AND REVENUE [S01960 Detail]
Download: New_York-2021-S01960-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 1960 2021-2022 Regular Sessions IN SENATE January 16, 2021 ___________ Introduced by Sen. BROOKS -- 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, in relation to establishing a tax exemption for an active volunteer firefighter and a volunteer ambulance worker The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Subsection (b) of section 612 of the tax law is amended by 2 adding a new paragraph 42 to read as follows: 3 (42) For the taxable year two thousand twenty-one, any income received 4 by an individual who served as an active volunteer firefighter as 5 defined in subdivision one of section two hundred fifteen of the general 6 municipal law or as a volunteer ambulance worker as defined in subdivi- 7 sion fourteen of section two hundred nineteen-k of the general municipal 8 law for the entire taxable year of two thousand twenty-one, to the 9 extent includible in gross income for federal income tax purposes, but 10 not to exceed fifteen thousand dollars. 11 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03684-01-1
