S T A T E O F N E W Y O R K
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2717
2009-2010 Regular Sessions
I N A S S E M B L Y
January 21, 2009
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Introduced by M. of A. JAFFEE, CAHILL, SPANO -- Multi-Sponsored by -- M.
of A. COLTON, DINOWITZ -- read once and referred to the Committee on
Ways and Means
AN ACT to amend the tax law, in relation to a tax credit for the
purchase of a programmable thermostat
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 606 of the tax law is amended by adding a new
subsection (qq) to read as follows:
(QQ) PROGRAMMABLE THERMOSTAT CREDIT. (1) AN INDIVIDUAL TAXPAYER SHALL
BE ALLOWED A CREDIT AGAINST THE TAX IMPOSED BY THIS ARTICLE FOR THE
PURCHASE OF A PROGRAMMABLE THERMOSTAT DURING THE TAXABLE YEAR. THIS
CREDIT FOR ANY TAXABLE YEAR SHALL NOT EXCEED FIFTEEN DOLLARS.
(2) FOR THE PURPOSES OF THIS SECTION, THE TERM "PROGRAMMABLE THERMO-
STAT" SHALL MEAN A DEVICE ATTACHED TO THE HEATING AND COOLING SYSTEM OF
A RESIDENCE DESIGNED TO AUTOMATICALLY ADJUST THE TEMPERATURE TO CONSERVE
ENERGY.
S 2. This act shall take effect immediately and shall apply to taxable
years commencing on and after such date.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03632-01-9