Citations Affected: IC 6-3-2-19.
Synopsis: Volunteer firefighter income tax deduction. Entitles active
volunteer firefighters to an adjusted gross income tax deduction of
$2,000. Applies to taxable years beginning after December 31, 2001.
Effective: January 1, 2002.
January 18, 2001, read first time and referred to Committee on Finance.
A BILL FOR AN ACT to amend the Indiana Code concerning
IS ADDED TO THE INDIANA CODE
AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE
JANUARY 1, 2002]: Sec. 19. Each taxable year, an individual who
is an active volunteer firefighter (as defined in
Indiana during the taxable year is entitled to a deduction of two
thousand dollars ($2,000) from the individual's adjusted gross
income for the taxable year.
SECTION 2. [EFFECTIVE JANUARY 1, 2002] IC 6-3-2-19 , as added by this act, applies to taxable years beginning after December 31, 2001.