Bill
Bill > A05807
NY A05807
NY A05807Establishes a residential fuel oil storage tank credit and directs the office of temporary and disability assistance to establish a program to assist eligible households in the replacement of residential fuel oil storage tanks.
summary
Introduced
02/25/2021
02/25/2021
In Committee
01/05/2022
01/05/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill Summary
AN ACT to amend the tax law, in relation to establishing a residential fuel oil storage tank credit and to direct the office of temporary and disability assistance to establish a program to assist eligible households in the replacement of residential fuel oil storage tanks
AI Summary
This bill establishes a residential fuel oil storage tank credit, allowing taxpayers a credit of up to $500 for the removal or permanent closure and installation of a new below-ground or above-ground residential fuel oil storage tank. The bill also directs the Office of Temporary and Disability Assistance to develop a program using the Heating Energy Assistance Program (HEAP) to assist eligible households in removing, permanently closing, and replacing existing fuel oil storage tanks, with specific requirements for the design of the replacement tanks.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
referred to ways and means (on 01/05/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/A5807 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05807&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05807 |
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