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A03854 Summary:
BILL NO | A03854 |
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SAME AS | SAME AS S04767 |
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SPONSOR | Ashby |
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COSPNSR | LiPetri |
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MLTSPNSR | |
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Amd §606, Tax L | |
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Relates to creating a tax credit for taxpayers who purchase and install a water filtration or purification system in their residence or business. |
A03854 Actions:
BILL NO | A03854 | |||||||||||||||||||||||||||||||||||||||||||||||||
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01/31/2019 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
01/08/2020 | referred to ways and means |
A03854 Committee Votes:
Go to topA03854 Floor Votes:
There are no votes for this bill in this legislative session.
Go to topA03854 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 3854 2019-2020 Regular Sessions IN ASSEMBLY January 31, 2019 ___________ Introduced by M. of A. ASHBY -- read once and referred to the Committee on Ways and Means AN ACT to amend the tax law, in relation to creating a tax credit for households or businesses that install a water purification or filtra- tion system The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (jjj) to read as follows: 3 (jjj) Water filtration or purification tax credit. (1) A taxpayer who 4 purchases and installs a water purification or filtration system in 5 their residence and/or business, if such residence or business is 6 located within this state, shall be allowed a credit against the tax 7 otherwise imposed under this article in an amount equal to five hundred 8 dollars. 9 (2) A taxpayer may claim one credit pursuant to paragraph one of this 10 subsection for each residence or business for which the taxpayer 11 purchases and installs a new water purification or filtration system. 12 (3) For purposes of this subsection a "water purification or filtra- 13 tion system" shall mean a system that removes impurities from water by 14 means of a fine physical barrier, a chemical process or a biological 15 process that was installed by a professional. 16 § 2. This act shall take effect immediately and shall apply to taxable 17 years beginning on or after January 1, 2019. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02033-01-9