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History
- Referred to cities
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2573
Title of bill
An act to amend the general city law, in relation to providing for the granting of a deduction on city personal income tax for home energy conservation expenses
Purpose or general idea of bill
This bill adds a new paragraph to Section 25-A of the General City Law to allow owners of one, two or three family houses which are owner occupied to deduct from his federal adjusted gross income, the cost of providing energy conservation improvements to his home.
Justification
This bill would encourage energy conservation by homeowners by allowing income tax deductions for such expenses.
Prior legislative history
2004 - Referred to Cities 2003 - Referred to Cities 2002 - Referred to Cities 2001 - Referred to Cities 2000 - Referred to Cities 1999 - Referred to Cities 1998 - Referred to Cities 1997 - Referred to Cities
Fiscal implications
Not known.
Effective date
The first of January next succeeding the date it shall have become law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.