New York bills · 2025 Regular Session
New York S 5992
Creates a small business electric energy tax credit
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- April Baskin (Democratic)
Summary
Official abstract published by the New York legislature
Creates a small business electric energy tax credit; specifies that the amount of credit shall be equal to the product of $0.02 per kilowatt hour; sets limit of no more than 19 full-time employees in New York state; determines that if the business is located at the primary residence of a sole proprietor, the business is not eligible for the tax credit.
Text versions
Roll-call votes
No recorded votes on this bill.
Actions
- Jan 7, 2026 · Senate
REFERRED TO BUDGET AND REVENUE - Mar 4, 2025 · Senate
REFERRED TO BUDGET AND REVENUE