Provides a tax credit for the installation of fire sprinkler systems.
Increases the volunteer firefighters' and ambulance workers' credit.
Increases the volunteer firefighters' and ambulance workers' credit.
Geothermal Heat Pump Tax Credits
Geothermal Energy Generation Tax Credit
Establishes a sustainable aviation fuel tax credit and eligibility criteria for such tax credit.
Amends the school tax reduction credit for residents of cities with a population over one million; implements a child tax credit in such cities.
Establishes the contract New York program to provide tax credits to corporations contracting with emerging microbusinesses; directs the department of economic development and the empire state development corporation to create and maintain a registry of emerging microbusinesses and to biannually implement best practices for engaging corporations to utilize such registry; establishes the contract New York tax credit for New York corporations with eligible contracts with emerging microbusinesses.
Geothermal Electricity Generation Tax Credits
Establishes a tax credit for the purchase of new and used electric cars; provides that for a new electric vehicle, the tax credit shall be $7,500 and the tax credit for a used electric vehicle shall be $4,000.