Bill
Bill > S05469
NY S05469
NY S05469Provides that residential buildings shall be deemed eligible buildings for the green building tax credit.
summary
Introduced
03/08/2021
03/08/2021
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 providing a green building credit to all residential buildings
AI Summary
This bill amends the New York Tax Law to provide a green building tax credit to all residential buildings, in addition to the previously eligible commercial and industrial buildings. The bill removes the restriction that the building cannot be located on freshwater or tidal wetlands, allowing residential buildings in those areas to also qualify for the tax credit. This change aims to incentivize the construction and renovation of more energy-efficient and environmentally-friendly residential properties across the state.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS (on 01/05/2022)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S5469 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S05469&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S05469 |
Loading...