The bill proposes amendments to Title 42 of the General Laws, adding a new chapter that allows individuals receiving a pension from the State of Rhode Island to serve on fire district boards or commissions, including the Pascoag utility district board, without the need to report compensation of $10,000 or less for chairpersons, $5,000 or less for officers, and $1,000 or less for members to any state agency except for taxation purposes. This is aimed at facilitating the participation of pensioners in these roles.

Additionally, the bill authorizes fire districts or municipal volunteer fire departments to exempt volunteer firefighters from certain levels of real and personal property taxes. It also introduces a state income tax credit for volunteer firefighters who incur expenses for professional development courses and uniforms related to their service. However, if a volunteer firefighter receives reimbursement for these expenses, they would not be eligible for the tax credit. The act would become effective immediately upon passage.