Oregon 2023 Regular Session

Oregon Senate Bill SB728

Introduced
1/9/23  
Refer
1/15/23  
Refer
2/21/23  
Refer
2/21/23  

Caption

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.

Impact

If enacted, SB728 would introduce a specific income tax credit that would directly benefit volunteer firefighters, potentially alleviating some of the financial burdens associated with their service. This could lead to increased participation in volunteer fire departments, improving their staffing levels and overall effectiveness in emergency responses. The legislation reflects a growing recognition of the need to support essential community services, particularly those reliant on volunteer labor.

Summary

SB728, a legislative proposal concerning an income tax credit for volunteer firefighters, aims to provide financial incentives to individuals serving in this capacity. By offering this tax break, the bill seeks to encourage more residents to participate in volunteer firefighting, thereby enhancing local fire services and improving community safety. The bill underscores the invaluable role that volunteer firefighters play in emergency response, particularly in rural and underserved areas, where full-time departments may be limited.

Sentiment

The overall sentiment around SB728 appears to be positive, with strong support from various stakeholders who recognize the critical contributions of volunteer firefighters. Proponents argue that the tax credit serves as an essential means of acknowledging the risks and sacrifices made by these individuals. However, there may be contrasting opinions regarding the financial impact on state revenues linked to the proposed tax break, making the discussion more nuanced.

Contention

Key points of contention surrounding SB728 may arise from concerns over state budget implications and the equity of providing tax credits specifically for volunteer firefighters. Critics might argue about the potential for such a tax incentive to divert funds from other essential services. Additionally, there may be questions regarding how the credit would be administered and the criteria for eligibility, which could affect its overall effectiveness in achieving the intended outcomes.

Companion Bills

No companion bills found.

Previously Filed As

OR HB3175

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.

OR HB4097

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.

OR SB545

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.

OR HB3150

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.

OR HB2394

Relating to an income tax credit for volunteer firefighters; prescribing an effective date.

OR HB2526

Relating to income tax credits for individuals who provide volunteer emergency services; prescribing an effective date.

OR SB144

Creating personal income tax credit for volunteer firefighters

OR SB747

Income tax credit; increasing volunteer firefighter tax credit for certain tax years. Effective date.

OR SB747

Income tax credit; increasing volunteer firefighter tax credit for certain tax years. Effective date.

OR HB3120

Relating to earned income tax credits; prescribing an effective date.

Similar Bills

No similar bills found.