Allows certain volunteer firefighters, rescue and first aid squad members to claim $500 income tax deduction.

This bill allows eligible volunteer firefighters, first aid squad members, and rescue squad members in New Jersey to claim a $500 deduction from their state gross income tax. To qualify, volunteers must serve the entire tax year, meet specific duty requirements (60% fire duty with Firefighter I certification for firefighters, or 10% rescue duty with approved training for first aid/rescue members), and have completed required training by January 1st of the tax year. Fire departments and first aid/rescue squads must submit annual lists of qualifying members to the Department of Community Affairs or Department of Health by March 31st. The deduction applies to taxable years beginning after the bill's enactment, providing a concrete tax benefit for volunteers meeting these defined service and certification standards.