Volunteers' Tax Incentive Act

Volunteers' Tax Incentive Act - Provides an income tax deduction for the performance by an individual of volunteer services in fields having particular importance to the welfare of the community, including services for police departments, rescue squads, and hospitals.

Provides that the amount of such deduction shall be the number of hours contributed to such service multiplied by two dollars. Limits the tax deduction to $2,000 in any taxable year.