H.R. 5355

Volunteer Firefighter Recruitment and Retention Act of 2006

Latest
Contents

I

109th CONGRESS

2d Session

H. R. 5355

IN THE HOUSE OF REPRESENTATIVES

May 11, 2006

Ms. Hart introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To amend the Internal Revenue Code of 1986 to allow a credit against tax for volunteer firefighters.

1.

Short title

This Act may be cited as the Volunteer Firefighter Recruitment and Retention Act of 2006.

2.

Credit for volunteer firefighters

(a)

In general

Subpart A of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to nonrefundable personal credits) is amended by inserting after section 25D the following new section:

25E.

Credit for volunteer firefighters

(a)

Allowance of credit

In the case of a volunteer firefighter, there shall be allowed as a credit against the tax imposed by this chapter the credit amount determined under subsection (b).

(b)

Credit amount

With respect to a taxable year, the credit amount determined under this subsection is—

(1)

in the case of a volunteer firefighter who has completed 3 or more years of service as a volunteer firefighter during the taxable year, $1,000, and

(2)

in the case of a volunteer firefighter who has completed 8 or more years of service as a volunteer firefighter during the taxable year, $1,500.

(c)

Volunteer firefighter

For purposes of this section, the term volunteer firefighter means an individual who is a member in good standing of a qualified volunteer fire department (as defined in section 150(e)).

.

(b)

Conforming amendment

The table of sections for subpart A of part IV of subchapter A of chapter 1 of such Code is amended by inserting after the item relating to section 25D the following new item:

Sec. 25E. Credit for volunteer firefighters.

.

(c)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2006.