NY A06112

Allows taxpayers a tax deduction for actual costs incurred in upgrading, repairing, or replacing septic systems on primary or secondary residences that comply with a municipality-approved septic system inspection program.

Directs the Department of Environmental Conservation or local soil and water conservation districts to create proposed septic system ordinances for adoption by towns and villages to mandate septic system upgrades, repairs, or replacements.

Establishes a revolving loan fund to be distributed to county soil and water conservation districts in municipalities that adopt approved septic ordinances, enabling loans to homeowners demonstrating financial need for septic system work, with repayment due within ten years or upon property sale.

Provides one-time grants to towns or villages adopting department-approved septic system ordinances to develop and implement comprehensive septic system inspection programs.

Creates the Rural Freshwater Improvement and Protection Program Fund under joint custody of the State Comptroller and Commissioner of Taxation and Finance to hold appropriated monies for program implementation.