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Bill > A05252


NY A05252

NY A05252
Provides that residential buildings shall be deemed eligible buildings for the green building tax credit.


summary

Introduced
02/12/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the tax law, in relation to providing a green building credit to all residential buildings

AI Summary

This bill amends the tax law to provide a green building tax credit to all residential buildings, in addition to the existing eligibility for commercial and mixed-use buildings. The bill removes the requirement that a building not be located on freshwater or tidal wetlands, expanding the availability of the tax credit to a wider range of residential properties. The bill takes effect immediately upon becoming law.

Committee Categories

Budget and Finance

Sponsors (10)

Last Action

referred to ways and means (on 01/05/2022)

bill text


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