HF 358: Relating to the individual income tax credits for volunteer fire fighters, volunteer emergency medical services personnel members, and reserve peace officers by increasing the amounts of the credits, and including retroactive applicability provisions

What it does

This bill relates to the individual income tax credits available to volunteer fire fighters, volunteer emergency medical services personnel members, and reserve peace officers. For services performed by such individuals, the bill increases the maximum amount of the individual income tax credit available against the state individual income tax from $250 to $1,000 per tax year. The tax credit increase applies retroactively to tax years beginning on or after January 1, 2025.

Lobbying · 1 for, 0 against

For: Iowa State Reserve Law Officers Association

In plain words

1. February 12, 2025Filed in the House and sent to the Ways and Means committee