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Increase to Tax Credits for Volunteer Firefighters, EMT and Police

April 7, 2014 10:22 am by: Category: 2014 Session Information, Featured, Public Safety, Recent News Leave a comment A+ / A-

The House voted this week to double the tax credit available to volunteer firefighters and emergency medical technicians (EMTs).  The credit is currently a $50 nonrefundable tax credit for any volunteer fire fighter or emergency medical services personnel.  The bill will make the credit $100 each year.

The bill also expands the credit to reserve police officers.  According to Iowa law, reserve police officers are volunteer, non-regular members of a law enforcement agency.  These officers serve without compensation, but have regular police powers while serving as a reserve officer.

The credit was originally created by the Legislature in 2012 as a $50 nonrefundable tax credit. The new increased tax credit would apply to tax years starting with 2014, meaning the credit would be available to taxpayers on tax returns filed in April 2015.

House File 2459 passed the House by an overwhelming majority.  The bill now moves to the Senate for consideration.

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