NY A00806

Creates a property tax abatement for green infrastructure projects (rain gardens, planter boxes, permeable pavements) on class one and class two residential properties in cities with populations of one million or more (New York City)

Abatement equals the lesser of 7.5% of eligible green infrastructure expenditures, the total taxes payable, or $20,000 per year for a four-year compliance period

Applications may be filed beginning January 1, 2026, and must be submitted by March 15 before the July 1 start of the tax year for which the abatement is sought

Eligible expenditures include materials, labor, architectural and engineering services, and design costs, but exclude interest, finance charges, and costs covered by federal, state, or local grants

Tax abatement can be revoked if the property owner fails to maintain the green infrastructure project, violates building or fire codes, or submits false or misleading information during the four-year compliance period