North Carolina 2023-2024 Regular Session

North Carolina House Bill H25

Introduced
1/26/23  

Caption

Volunteer Rescue Worker Tax Credit

Impact

If enacted, H25 would amend state statutes to introduce this tax credit, impacting local finances and potentially increasing volunteerism in fire and rescue services. This financial support could help offset costs that volunteers often incur out of pocket while serving their communities, making it easier for individuals to participate in these critical community roles.

Summary

House Bill 25, also known as the Volunteer Rescue Worker Tax Credit, proposes to provide an income tax credit to eligible volunteer firefighters and rescue squad workers for unreimbursed business expenses incurred while performing their duties. The bill aims to recognize and financially support the contributions of volunteers in emergency response efforts by allowing them to claim a credit against state income taxes for certain business costs associated with their volunteer work.

Sentiment

The sentiment around the bill appears to be generally positive among advocates for emergency services, as it acknowledges the vital role of volunteer workers in public safety. Supporters argue that offering a tax credit is a necessary step in encouraging more individuals to engage in volunteer firefighting and rescue work, which is often underfunded and relies heavily on the dedication of unpaid volunteers.

Contention

However, counterarguments exist regarding the funding implications of providing tax credits. Some critics may argue that while the intent is noble, such measures could strain state resources or that the credit may not effectively address the challenges faced by volunteer emergency services, such as funding for training or equipment. Additionally, the potential for misuse of the credit by individuals not strictly meeting the eligibility criteria is a concern that may arise during discussions.

Companion Bills

NC S304

Same As Volunteer Rescue Worker Tax Credit

Previously Filed As

NC S304

Volunteer Rescue Worker Tax Credit

NC S827

Homes for Heroes

NC H1012

Homes for Heroes

NC S632

Homes for Heroes

NC HF741

Income tax subtraction established for volunteer fire and rescue workers.

NC SF431

Volunteer fire and rescue workers income tax subtraction establishment

NC SF1577

Volunteer fire and rescue workers income tax subtraction establishment

NC A5157

Provides $1,000 income tax deduction for certain volunteer firefighters and members of first aid and rescue squads.

NC HB0011

Volunteer Government Workers Amendments

NC S3479

Provides $1,000 income tax deduction for certain volunteer firefighters and members of first aid and rescue squads.

Similar Bills

No similar bills found.