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A05610 Summary:

BILL NOA05610
 
SAME ASNo Same As
 
SPONSORKavanagh
 
COSPNSRGunther, Lupardo, Peoples-Stokes, Schimminger, Colton, Jaffee, Hooper, Titone, Hevesi, Galef, Crouch
 
MLTSPNSRGlick, Schimel
 
Add S28-a, amd SS210-B, 606 & 1511, Tax L
 
Establishes an alternative energy systems and generating equipment tax credit for qualified expenditures meeting the criteria prescribed by the department of taxation and finance, in consultation with the department of environmental conservation and the New York state energy research and development authority, for taxpayers subject to tax under articles nine-A, twenty-two, thirty-two and thirty-three of the tax law whose business is not substantially engaged in the commercial generation, distribution, transmission or servicing of energy or energy products.
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