The proposed bill, General Assembly Proposed Bill No. 5028, aims to amend section 12-701 of the general statutes to introduce a personal income tax deduction for stipends received by volunteer firefighters and volunteer ambulance members. Specifically, the bill stipulates that these individuals can deduct any stipend paid to them by a municipality, a volunteer fire department, or a volunteer ambulance association, as long as their total compensation from these sources does not exceed fifteen thousand dollars for other duties performed.

This legislation seeks to provide financial relief to volunteer emergency responders by allowing them to deduct their stipends from their taxable income, thereby encouraging volunteerism in essential community services. The bill does not include any deletions from current law but focuses solely on the new insertion of the tax deduction provision for eligible volunteer firefighters and ambulance members.