This bill seeks to provide financial relief and support for volunteer first responders by exempting them from unemployment compensation coverage and excluding stipends received for their services from gross income for tax purposes. It amends R.S.43:21-19 to clarify that services performed by volunteer firefighters, members of first aid or rescue squads, and other emergency responders will not be classified as employment subject to unemployment insurance taxes or benefits. Additionally, stipends, including clothing allowances provided by municipalities, will not be included in the gross income of these volunteers, thereby encouraging more individuals to participate in emergency services without the fear of financial repercussions.

The legislation also defines "volunteer first responder" to ensure clarity regarding who qualifies for these exemptions, aiming to make volunteer positions more financially attractive and assist municipalities in recruiting volunteers for emergency services. The act is designed to enhance the ability of local governments to provide adequate emergency services to their communities. The provisions will take effect immediately, with the stipends exemption applying to taxable years beginning after January 1 of the year following its enactment.