|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 04, 2012||referred to investigations and government operations|
|Jan 05, 2011||referred to investigations and government operations|
senate Bill S1043
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1043 - Details
S1043 - Summary
Provides that residential buildings shall be deemed eligible buildings for the green building tax credit.
S1043 - Sponsor Memo
BILL NUMBER:S1043 TITLE OF BILL: An act to amend the tax law, in relation to providing a green building credit to all residential buildings PURPOSE: This amendment would allow residential buildings to be eligible for the Green Building Tax Credit. SUMMARY OF PROVISIONS: Section 1 provides that residential buildings are eligible for the Green Building Tax Credit Section 2 provides the effective date. EXISTING LAW: This is an amendment to Section 19 of the Tax Law, as added by section 2 of part II of chapter 63 of the laws of 2000. This bill expands upon the existing Green building tax credit, which is currently limited only to businesses. JUSTIFICATION: The buildings in which we live, work, and play protect us from Nature's extremes, yet they also affect our health and environment in
S1043 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1043 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Investigations and Govern- ment Operations AN ACT to amend the tax law, in relation to providing a green building credit to all residential buildings THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subparagraphs (D) and (E) of paragraph 6 of subdivision (b) of section 19 of the tax law, as added by section 2 of part II of chap- ter 63 of the laws of 2000, are amended to read as follows: (D) any combination of buildings described in subparagraphs (A), (B) and (C) of this paragraph, [and] OR (E) ANY RESIDENTIAL BUILDING, AND (F) is not a building located on freshwater wetlands or tidal wetlands the construction of which requires a permit under section 24-0701 or 25-0403, respectively, of the environmental conservation law, or on wetlands such that the construction thereof requires a permit pursuant to section 404 of the federal clean water act (33 U.S.C. S 1344). S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02141-01-1
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