Bill
Bill > A04736
NY A04736
NY A04736Provides a tax credit for utility bill payments made in taxable years 2023 and 2024 based on the difference of the average monthly utility bill payment in the year in which the credit is claimed and the average monthly utility bill payment in the preceding three taxable years; establishes a moratorium on certain utility bill surcharges until April 1, 2024; provides for the repeal of such moratorium upon expiration thereof.
summary
Introduced
02/23/2023
02/23/2023
In Committee
01/03/2024
01/03/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the tax law and the public service law, in relation to providing a tax credit for certain utility bill payments and establishing a moratorium on certain surcharges thereon; and providing for the repeal of certain provisions of the public service law upon expiration thereof
AI Summary
This bill provides a tax credit for utility bill payments made in taxable years 2023 and 2024, based on the difference between the average monthly utility bill payment in the year the credit is claimed and the average monthly utility bill payment in the preceding three taxable years. It also establishes a moratorium on certain utility bill surcharges until April 1, 2024, with the moratorium expiring on that date.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
referred to ways and means (on 01/03/2024)
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/2023/A4736 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A04736&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A04736 |
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