Bill > A03854

This bill creates a $500 tax credit for taxpayers in New York who purchase and install a water purification or filtration system in their residence or business. The credit can be claimed for each eligible residence or business, and a "water purification or filtration system" is defined as a system that removes impurities from water using a physical, chemical, or biological process installed by a professional. The bill would take effect immediately and apply to tax years beginning on or after January 1, 2019.