Virginia House Bill HB2076

Virginia 2025 Regular Session

• Introduced: 1/7/25
• Refer: 1/7/25

Caption

Income tax, state; subtraction for volunteer firefighters and emergency medical services personnel.

Impact

The implications of HB2076 for state laws involve a direct alteration to the existing tax regime, especially how it relates to volunteer services. By accommodating subtractions for certain volunteers, the state acknowledges the crucial role of volunteer emergency responders in maintaining public safety. This could lead to an increase in volunteerism as individuals may perceive that their contributions are valued not only socially but also financially through tax relief.

Summary

House Bill 2076 aims to amend the Virginia Code regarding taxable income by providing specific subtractions for volunteer firefighters and volunteer emergency medical services personnel. The bill seeks to recognize the contributions of these individuals by allowing them to subtract up to $2,000 from their taxable income for the qualifying services they render. This legislative move is intended to provide some financial relief to volunteers who often dedicate substantial time and effort to community protection and emergency response services, often without considerable compensation.

Contention

Notable points of contention surrounding HB2076 include concerns regarding the budgetary impact on state finances. Questions arise about how extending these tax benefits to volunteers might affect overall tax revenues. Additionally, while proponents argue that the bill strengthens community service involvement, opponents may raise concerns over equitable treatment among all service workers, potentially sparking discussions about balancing support amongst different types of community engagements.