Bill > A03739

This bill creates a $500 tax credit for New York State taxpayers who purchase and install a water purification or filtration system in their residence or business. The credit is limited to one system per residence or business, and the system must be installed by a professional. The bill defines a "water purification or filtration system" as a system that removes impurities from water through a physical, chemical, or biological process. The tax credit will be available for taxable years beginning on or after January 1, 2023.