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NY S01533
Bill
Status
1/10/2025
Primary Sponsor
Kevin Parker
Click for details
AI Summary
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Requires the Commissioner of Environmental Conservation to develop standards for construction, installation, and certification of green roofs, including pre-installation review of plant drought tolerance, root systems, irrigation needs, allergen potential, and post-installation testing of runoff water for pollutants
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Creates a personal income tax credit of 55% of qualified green roof installation expenditures, capped at $5,000 maximum, available for taxable years beginning January 1, 2027
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Defines "green roof" as covering at least 50% of eligible rooftop space with specific required layers: waterproof membrane, root barrier, insulation, drainage, at least 2 inches of growth medium, and live vegetation including sedum, native plants, or agricultural species
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Limits eligibility to residential or mixed-use buildings with residential units where the property is the taxpayer's principal residence located in New York State
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Allows condominium association members and cooperative tenant-stockholders to claim a proportionate share of the credit, and permits unused credit amounts to be carried forward for up to five years
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
1/7/2026