Bill
A 4720
Overview: A 4720, "Relates to enacting the volunteer emergency services mileage reimbursement tax credit", was held for consideration in the Ways and Means Committee on September 1
Overview: A 4720, "Relates to enacting the volunteer emergency services mileage reimbursement tax credit", was held for consideration in the Ways and Means Committee on September 12, 2024.
Purpose and Intent: The bill aims to establish a tax credit for volunteer emergency service providers, such as firefighters and emergency medical technicians, to help offset the costs of using their personal vehicles for emergency response and training.
Key Provisions:
- Allows volunteer emergency service providers to claim a tax credit for mileage expenses incurred while responding to emergencies or attending training sessions.
- Sets the credit amount at a specified rate per mile, subject to an annual cap.
- Requires volunteer organizations to maintain records of mileage and provide documentation to their members for tax purposes.
Affected Parties and Impacts: The bill would benefit volunteer emergency service providers by providing them with a tax credit to help cover the costs of using their personal vehicles for emergency response and training. This could help attract and retain volunteers in these critical public safety roles.
Procedural and Timeline Considerations: The bill has been held for consideration in the Ways and Means Committee, indicating that it is still under review and has not yet been advanced to the next stage of the legislative process.
Compiled from official sources — confirm details with the bill’s official record.
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