Bill Text: NY A04336 | 2023-2024 | General Assembly | Introduced


Bill Title: Provides that residential buildings shall be deemed eligible buildings for the green building tax credit.

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced) 2024-01-03 - referred to ways and means [A04336 Detail]

Download: New_York-2023-A04336-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          4336

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                    February 14, 2023
                                       ___________

        Introduced  by  M.  of A. GUNTHER, PEOPLES-STOKES, COLTON, STIRPE, OTIS,
          L. ROSENTHAL -- read once and referred to the Committee  on  Ways  and
          Means

        AN  ACT  to amend the tax law, in relation to providing a green building
          credit to all residential buildings

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Subparagraphs (D) and (E) of paragraph 6 of subdivision (b)
     2  of  section 19 of the tax law, as added by section 2 of part II of chap-
     3  ter 63 of the laws of 2000, are amended to read as follows:
     4    (D) any combination of buildings described in subparagraphs  (A),  (B)
     5  and (C) of this paragraph, [and] or
     6    (E) any residential building, and
     7    (F) is not a building located on freshwater wetlands or tidal wetlands
     8  the  construction  of  which  requires a permit under section 24-0701 or
     9  25-0403, respectively, of the  environmental  conservation  law,  or  on
    10  wetlands  such  that the construction thereof requires a permit pursuant
    11  to section 404 of the federal clean water act (33 U.S.C. § 1344).
    12    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07999-01-3
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