The Legislature passed a bill 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 bill also assures that if firefighters and EMTs volunteer for their local community, these individuals can claim the credit even if they also are employed as a firefighter or EMT in another community.
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.