Rhode Island 2023 Regular Session

Rhode Island Senate Bill S0214

Introduced
2/16/23  

Caption

Personal Income Tax

Impact

If enacted, S0214 would significantly impact the financial situation of volunteer firefighters by enhancing their ability to claim deductions for essential expenses that are not typically reimbursed. This could encourage more individuals to engage in volunteer firefighting roles by making the position more financially attractive. In turn, this might lead to a stronger workforce within the firefighting sector, which is increasingly reliant on volunteer personnel. By officially recognizing the costs associated with the duties of volunteer firefighters, the legislation acknowledges their crucial role in community safety and emergency response.

Summary

Senate Bill S0214 proposes an amendment to Rhode Island's Chapter 44-30 of the General Laws concerning personal income tax. The bill seeks to provide a tax credit for volunteer firefighters, enabling them to offset costs associated with their training and equipment. Specifically, the bill allows volunteer firefighters to claim a state income tax credit for tuition or fees related to professional development courses, as well as for uniforms used in their firefighting duties. This initiative aims to recognize and support the contributions of volunteer firefighters in the state by alleviating some financial burdens associated with their service.

Contention

While the bill is aimed at supporting volunteer firefighters, it may face scrutiny regarding its fiscal implications on state tax revenues. Critics may argue that providing tax credits to volunteer firefighters could set a precedent for similar demands from other volunteer sectors, potentially straining state finances. Furthermore, the requirement that volunteers not receive reimbursements for the listed expenses could be a point of contention, limiting who can actually benefit from the credit and sparking debate over equity and compensation for volunteer labor.

Companion Bills

No companion bills found.

Previously Filed As

RI SB376

Incomplete gift nongrantor trusts: Personal Income Tax Law.

RI HB1306

In personal income tax, further providing for definitions and for classes of income.

RI HB2076

Income tax, state; subtraction for volunteer firefighters and emergency medical services personnel.

RI HB991

Income tax, state; subtraction for volunteer firefighters and emergency medical services personnel.

RI SB17

Personal income taxes: deductions: tips.

RI AB398

Personal income tax: Earned Income Tax Credit.

RI AB397

Personal Income Tax Law: young child tax credit.

RI AB1690

Personal Income Tax Law: young child tax credit.

RI HB05034

An Act Establishing A Personal Income Tax Deduction For Stipends Paid To Certain Volunteer Emergency Personnel.

RI SB477

Income Taxes; personal income tax rate; reduce

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