Revenue

Tax credit for volunteer emergency responders granted

Senators passed a proposal April 12 to give tax credits to volunteer emergency responders.

LB886, introduced by Sen. Al Davis of Hyannis, creates a $250 refundable tax credit for volunteer emergency responders, rescue squad members and firefighters who meet certain criteria. The bill establishes a point system to determine annual qualifications for the credit.

The bill is estimated to reduce state tax revenue by $2.2 million in fiscal year 2017-18 and again in FY2018-19.

Senators voted 46-0 to pass the bill.

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