Plain English Breakdown
The official source material does not provide specific details about eligibility criteria or the amount of the tax credit.
Volunteer Tax Credit
This law creates a new tax credit for certain volunteers in public safety roles.
What This Bill Does
- Creates a new tax credit called the 'Qualified Volunteers Credit'.
Who It Names or Affects
- Volunteers working as law enforcement officers, fire personnel, and emergency medical services providers.
Terms To Know
- Tax Credit
- A reduction in the amount of tax a person has to pay.
- Qualified Volunteers
- Volunteers who work as law enforcement officers, fire personnel, or emergency medical services providers and meet certain requirements.
Limits and Unknowns
- The bill text does not specify the amount of the tax credit.
- It is unclear how many people will be eligible for this new credit.