Loading chat...

NY S06039

Bill

Official Source

Status

Passed

7/18/2012

Primary Sponsor

George Maziarz

Click for details

Origin

Senate

2011-2012 General Assembly

AI Summary

  • Extends the clean heating fuel personal income tax credit from expiring January 1, 2012 to January 1, 2017
  • Credit applies to bioheat purchased for residential space heating or hot water production in New York State
  • Credit amount is $0.01 per percent of biodiesel per gallon of bioheat, capped at $0.20 per gallon
  • Credit is available for bioheat purchased between July 1, 2006 and July 1, 2007, and between January 1, 2008 and January 1, 2017
  • Bill takes effect immediately upon enactment

Legislative Description

Extends the application of the clean heating fuel credit until January 1, 2017.

Last Action

SIGNED CHAP.193

7/18/2012

Committee Referrals

Ways and Means1/19/2012
Rules1/9/2012
Investigations and Government Operations1/4/2012

Full Bill Text

No bill text available