Volunteer Firefighters and Search and Rescue Volunteers Tax Credit Enhancement
Published on February 28, 2022
The proposed measure increases the tax credit for volunteer firefighters and search and rescue volunteers to $10,000 from $3,000 for individuals that have completed 200 hours of volunteer service in a calendar year. The measure applies to the 2022 and subsequent taxation years.
The PBO estimates that the proposed measure will generate a 5-year cost of $171 million.