A04609 Summary:

BILL NO    A04609 

SAME AS    Same as S 772

SPONSOR    Morelle (MS)

COSPNSR    Schimminger, Clark, Cusick, Weisenberg

MLTSPNSR   Christensen, Koon, Ortiz, Pheffer

Amd S612, Tax L

Provides a modification reducing federal adjusted gross income (USAGI) in
determining New York adjusted gross income (NYAGI) for state income tax
purposes for active volunteer firefighters and members of volunteer ambulance
companies.

A04609 Actions:

BILL NO    A04609 

02/05/2009 referred to ways and means
01/06/2010 referred to ways and means

A04609 Votes:

A04609 Memo:

 BILL NUMBER:  A4609

 TITLE OF BILL :  An act to amend the tax law, in relation to
providing a modification reducing federal adjusted gross income in
determining New York adjusted gross income for personal income tax
purposes for active volunteer firefighters and active members of
volunteer ambulance companies

 PURPOSE :  This bill provides a modification reducing federal gross
income in determining New York adjusted gross income for active
volunteer firefighters and volunteer ambulance members.

 SUMMARY OF PROVISIONS :  Section 1: subsection (c) of section 612 of
the tax law is amended by permitting an active volunteer firefighter
or an active member of an ambulance company to deduct $1,500 from
federal adjusted gross income or if such taxpayer is an active member
of both a volunteer fire company and a volunteer ambulance company
they may deduct $2,000 from federal adjusted gross income. If such a
modification reduces federal adjusted gross income below zero, only
the portion of such modification that reduces federal adjusted gross
income to zero may be claimed.

 EXISTING LAW :

None

 JUSTIFICATION :  Those who volunteer in our communities play a major
role within society.  These individuals are dedicated to making their
communities better places to live. In recent years, however, there has
been a decline in those that volunteer for fire and ambulance
companies. Naturally, people are busier in today's hectic world and
have less time to take part in volunteer activities.

This bill would give some incentive for people who want to volunteer
in the fire and ambulance corporations within their communities. This
bill will also provide an incentive for people who are already
volunteering in the fire and ambulance corporations to continue
serving their communities.

 LEGISLATIVE HISTORY :

S6979: 1999-2000
A.7271/S.472: 2001-2002
A.556 of 2003-2004
A.2005 of 2005-2006.

 FISCAL IMPLICATIONS : not yet determined

 LOCAL FISCAL IMPLICATIONS : not yet determined

 EFFECTIVE DATE :
First of January next succeeding the date on which it shall have
become a law and shall apply to taxable years which begin on or after
such date.