Enacts "Averyana's law"; provides a tax credit for the purchase and installation of certain smoke alarms which incorporate photoelectric technology including but not limited to: photoelectric detectors; and photoelectric/carbon monoxide detectors.
STATE OF NEW YORK
________________________________________________________________________
3470--A
2025-2026 Regular Sessions
IN SENATE
January 27, 2025
___________
Introduced by Sens. HELMING, MAY -- read twice and ordered printed, and
when printed to be committed to the Committee on Budget and Revenue --
committee discharged, bill amended, ordered reprinted as amended and
recommitted to said committee
AN ACT to amend the tax law, in relation to enacting "Averyana's law"
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Short title. This act shall be known and may be cited as
2 "Averyana's law".
3 § 2. Section 606 of the tax law is amended by adding a new subsection
4 (bbb) to read as follows:
5 (bbb) Credit for installation of smoke alarms. Any resident owner of
6 real property as defined in section one hundred two of the real property
7 tax law shall be allowed a credit against the tax otherwise imposed
8 under this article in an amount equal to the cost of purchasing and
9 installing certain smoke alarms which incorporate photoelectric technol-
10 ogy, including, but not limited to, photoelectric detectors; and
11 photoelectric/carbon monoxide detectors in such owner's residence.
12 § 3. This act shall take effect immediately and shall apply to taxable
13 years beginning on or after January 1, 2025.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07352-02-5
