This bill establishes a new income tax credit of $500 for qualified volunteer firefighters and volunteer emergency care providers in Montana. To qualify for this credit, taxpayers must have been active, nonpaid members of a volunteer fire company or emergency medical service for the entire calendar year and must have completed a minimum of 30 hours of training. The bill also stipulates that taxpayers can only claim the credit for one role, either as a volunteer firefighter or as a volunteer emergency care provider, and provides for a refund of any excess credit amount beyond the taxpayer's liability.

Additionally, the bill amends Section 15-30-2303 of the Montana Code Annotated to include the new tax credit for volunteer firefighters and emergency care providers in the list of tax credits that will be reviewed by the revenue interim committee every ten years. The act will apply to income tax years beginning after December 31, 2023, and will terminate on December 31, 2029. The new provisions are intended to support the retention and recruitment of volunteer emergency personnel in the state.

Statutes affected:
Introduced: 15-30-2303