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WeVote Research Nonpartisan
Bill Summary · LC 940

Summary: LC 940 — Provide income tax benefit to support emergency response volunteers

Overview

LC 940 is a draft bill introduced on November 8, 2024, titled “Provide income tax benefit to support emergency response volunteers.” The bill is categorized as a revenue/taxation measure aimed at supporting individuals who serve as emergency response volunteers. The current status is a Legislative Counsel (LC) draft delivered to the requester, with the drafting process advancing through multiple internal review steps.

Purpose and intent

  • The primary goal is to provide an income tax benefit to support emergency response volunteers. This suggests the bill would create a new tax relief mechanism intended to encourage and facilitate volunteer service in emergency and disaster response activities.
  • The exact mechanics (e.g., whether the benefit is a nonrefundable credit, a deduction, an exemption, or a different form of relief) are not specified in the provided information. Specific eligibility criteria, qualifying activities, and limits would be defined in the bill text.

Key provisions (high-level expectations)

Note: The precise provisions are not included in the provided summary. Based on the title, potential areas the bill would address typically include:
- Eligibility: Which volunteers qualify (e.g., members of designated emergency response organizations, non-profit responders, trained volunteers).
- Scope of benefit: The form of the tax relief (credit, deduction, exemption) and any caps or limits per taxpayer per year.
- Eligible expenses or activities: Training costs, equipment purchases, travel, or service hours eligible for the benefit.
- Interaction with existing tax code: How the new benefit interacts with standard deductions, other credits, or federal tax rules.
- Administration: Filing requirements, required documentation, and enforcement/verification mechanisms.
- Sunset or renewal provisions: Any temporary duration or automatic review clauses.

Because the full text is not provided, the above points are anticipated categories rather than confirmed provisions.

Affected stakeholders

  • Primary: Emergency response volunteers who perform disaster and emergency services.
  • Secondary: Volunteer organizations and units that support emergency responders; state revenue/treasury department for administration and compliance; potentially employers or sponsoring entities that support volunteer activities.

Procedural and timeline context

  • 2024-11-08: Drafter Assigned (initial drafting stage)
  • 2024-12-10 to 2024-12-20: Series of drafting milestones (Legal Review, Edit, Input/Proofing, Final Drafter Review, Draft Ready for Delivery)
  • 2024-12-18 to 2025-01-06: Draft in Assembly, Draft Delivered to Requester
  • Status: LC Draft Delivered to Requester (indicating the bill is in the early to mid-stages of formal drafting; no final text yet)

What to watch next

  • Obtain the actual bill text from the official legislative repository to confirm eligibility criteria, calculation of the benefit, exclusions, and administration details.
  • Review fiscal notes or impact statements for expected revenue impact and budgetary implications.
  • Monitor amendments and committee hearing schedules for discussion on implementation and oversight.

Bottom line

LC 940 proposes a state income tax benefit to support emergency response volunteers. Specifics on who qualifies, how the benefit is calculated, and its fiscal impact await the final draft text. The bill is in early drafting stages with ongoing revisions through December 2024 and January 2025.

Compiled from official sources — confirm details with the bill’s official record.

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