Rhode Island 2023 Regular Session

Rhode Island House Bill H5321

Introduced
2/1/23  

Caption

Personal Income Tax

Impact

If enacted, H5321 would positively impact volunteer firefighters by enabling them to receive a state income tax credit for qualifying expenses. This could serve as an incentive for more individuals to engage in volunteer firefighting, potentially bolstering community first responder resources. Since volunteer firefighters play a critical role in emergency response, this bill could also enhance public safety overall by supporting those who dedicate their time to this essential service.

Summary

House Bill 5321 is a legislative proposal that seeks to amend Rhode Island's Personal Income Tax laws. The bill introduces a specific income tax credit for volunteer firefighters, allowing them to deduct certain expenses related to their service. This includes tuition or fees for professional development courses and the cost of uniforms required for their firefighting duties. The intent of this bill is to alleviate some of the financial burdens faced by volunteer firefighters who contribute significantly to community safety but often incur personal expenses for their training and equipment.

Contention

While the bill seems to garner support from organizations advocating for volunteer firefighters, potential points of contention might include discussions around the fiscal implications of the tax credits on state revenue. Critics may argue about the necessity and sustainability of providing tax credits, particularly if it could divert funds from other essential services or programs. Additionally, ensuring that the criteria for receiving the tax credit are equitable and well-defined could be a subject of debate during legislative discussions.

Companion Bills

No companion bills found.

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