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NY A10200
Bill
Status
2/12/2026
Primary Sponsor
Demond Meeks
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AI Summary
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Lowers the city population threshold for expanded brownfield tax credit eligibility from 205,000 to 175,000 residents
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Reduces the county population requirement from over 1 million to over 700,000 (while remaining under 1,010,000) based on federal decennial census data
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Extends the timeframe for claiming site preparation costs and tangible property credit components to 180 months for qualifying sites in newly eligible areas
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Allows the site preparation credit component for up to 15 taxable years after certificate of completion issuance for sites meeting the revised population criteria
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Applies to sites that received certificates of completion from the Department of Environmental Conservation between January 1, 2017 and December 31, 2017
Legislative Description
Expands the eligibility of the brownfield redevelopment tax credit; reduces the population numbers to make more qualified sites eligible for such tax credit.
Last Action
referred to ways and means
2/12/2026