New York 2025-2026 Regular Session

New York Assembly Bill A01591

Introduced
1/10/25  

Caption

Increases the amount of geothermal energy systems tax credits.

Companion Bills

NY S04882

Same As Increases the amount of geothermal energy systems tax credits.

Previously Filed As

NY S08106

Increases the amount of geothermal energy systems tax credits.

NY A08588

Increases the amount of geothermal energy systems tax credits.

NY S07889

Provides for the option of receiving any excess of the geothermal energy systems credit as a refund of an overpayment of tax.

NY A00637

Creates a tax abatement for geothermal well systems up to $62,500.

NY S03596

Increases the amount of residential solar tax credits.

NY A06739

Increases the amount of residential solar tax credits.

NY A00701

Provides a tax abatement for geothermal well systems in cities of one million or more.

NY S07884

Directs the New York state energy research and development authority to develop basic consumer education or guidance about geothermal energy systems and develop business models for geothermal projects in the state to match equivalent programming and guidance for solar energy.

NY A00292

Relates to increasing the tax credit provided for solar energy system equipment from $5,000 to $10,000.

NY S02007

Relates to establishing a one hundred percent clean renewable energy system for electricity by two thousand thirty-four; such energy system shall include solar, wind, geothermal and tidal sources.

Similar Bills

No similar bills found.