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NY S03237

Bill

Official Source

Status

Introduced

1/31/2013

Primary Sponsor

Kevin Parker

Click for details

Origin

Senate

2013-2014 General Assembly

AI Summary

  • Amends General City Law Section 25-a to allow municipalities to provide a deduction on city personal income tax for home energy conservation expenses.
  • Eligible property owners must be owner-occupants of one, two, three, or four family houses.
  • Qualifying expenses include weather stripping, storm windows and doors, modernization of heating plants, and other home energy conservation improvements as defined by local law.
  • Deductible expenses are subtracted from federal adjusted gross income for city tax purposes.
  • Takes effect January 1st following the date the bill becomes law.

Legislative Description

Authorizes granting of tax credit for home energy conservation improvement.

Last Action

REFERRED TO CITIES

1/8/2014

Committee Referrals

Cities1/31/2013

Full Bill Text

No bill text available