Branstad to sign tax credit bill affecting fire fighters & EMS personnel


April 27th, 2012 by Ric Hanson

Iowa Governor Terry Branstad is expected to sign into law this (Friday) morning, a bill which provides volunteer fire fighters and emergency medical services personnel with an individual income tax credit and includes an effective date and applicability provisions. Senate File 2322 says a volunteer fire fighter and volunteer emergency medical services personnel credit equal to fifty dollars will go into effect January 1st 2013, and is designed to compensate the taxpayer for the voluntary services if the volunteer served for the entire tax year. 

The firefighter or EMS taxpayer is required to have a written statement from their fire chief or other appropriate supervisor verifying that they were a volunteer fire fighter or volunteer emergency medical services provider during the tax credit period.