The bill H.300 proposes the establishment of a refundable income tax credit for qualified emergency responders in Vermont. Specifically, it introduces a new section, 5830g, which allows eligible emergency responders to receive a credit of $500 against their income tax for the taxable year. The term "qualified emergency responder" includes licensed emergency medical personnel, volunteer personnel, first responders, and volunteer firefighters who meet specific criteria set by the Vermont Fire Service Training Council.

Additionally, the bill amends existing statutes to clarify the purpose of the tax credit, emphasizing the recognition of the public service provided by these emergency responders. It also establishes standards for determining active service for volunteer firefighters in relation to the tax credit eligibility. The provisions of the bill are set to take effect retroactively on January 1, 2025, for the tax credit and its statutory purpose, while the standards for volunteer firefighters will take effect upon passage.

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