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NY S02580
Bill
Status
1/23/2023
Primary Sponsor
Kevin Parker
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AI Summary
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Requires the Department of Environmental Conservation to develop standards for green roof construction, installation, and certification, including pre-installation review of plant species, irrigation, root systems, allergen generation, and post-installation testing of runoff water for pollutants.
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Authorizes municipal building inspectors to review and approve green roof plans and issue certifications under delegation from the commissioner.
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Defines "green roof" as roofing covering at least 50% of eligible rooftop space on residential or mixed-use buildings, with specified layers including weatherproof membrane, root barrier, drainage system, growth medium of at least 2 inches depth, and vegetation of drought-resistant or native plants.
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Establishes a personal income tax credit of 55% of qualified green roof installation expenditures, with a maximum credit of $5,000, available for taxable years beginning January 1, 2025 for installations on principal residences located in New York State.
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Allows carryover of unused credits to the five following taxable years and permits condominium/cooperative residents and multiple taxpayers to claim proportionate shares of installation expenses.
Legislative Description
Requires the commissioner of environmental conservation to establish standards for and a program of inspection and certification of green roofs prior to and after installation, including standards for environmentally acceptable chemical fertilizers and the testing of runoff water for evidence of such fertilizers; establishes a green roof installation tax credit in the amount of fifty-five percent of qualified expenditures with a credit maximum of five thousand dollars.
Last Action
REFERRED TO ENVIRONMENTAL CONSERVATION
1/3/2024