Bill H.300 proposes the establishment of a refundable income tax credit specifically for qualified emergency responders in Vermont. Under the new section 5830g, eligible individuals, including licensed emergency medical personnel, volunteer personnel, first responders, and volunteer firefighters in good standing, can receive a credit of $500 against their income tax. The bill also includes provisions to define the standards for active service for volunteer firefighters, which will be established by the Vermont Fire Service Training Council.

Additionally, the bill amends section 5813 to clarify that the purpose of the tax credit is to acknowledge the public service of emergency responders who provide lifesaving measures in the state. The effective date for the tax credit and its statutory purpose is set retroactively to January 1, 2025, while the provisions regarding the standards for volunteer firefighters will take effect upon passage.

Statutes affected:
As Introduced: 20-3153(a), 20-3153, 32-5813