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History
- Referred to investigations and government operations
- Reported and committed to finance
- Referred to investigations and government operations
Full text
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Sponsor's memo
Title of bill
An act to amend the tax law, in relation to establishing a personal income tax credit for persons residing near electric generating facilities
Purpose
This act would establish a $200 personal income tax credit for households residing within one mile of an electric generating facility.
Summary of provisions
Adds a new subsection (u) to Section 606 of the tax law.
Justification
New Yorkers who live in the close proximity to generating facilities bear a disproportionate burden for New York's energy policies. Aside from the health and public safety effects, these residents pay more due to increased medical visits for asthma and related respiratory ailments.
This legislation would provide a tax credit to compensate these residents for these added costs and burdens.
Legislative history
2002-08 Referred to Investigations, Taxation and Government Operations
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.