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A 1995 New York Assembly · 2025 Regular Session

Provides an asbestos remediation tax credit

Summary
Provides an asbestos remediation tax credit in Erie county; allows for a fifty percent credit of all eligible costs which are incurred as a result of asbestos remediation, not to exceed $1,000,000.
Issues: ✓ Budget & TaxesSupports Budget & TaxesProvides 50% tax credit for asbestos remediation costs, reducing tax liability for eligible expenses within Erie County.95% confidence
Sub-Topics: Tax Incentives Tax Credits
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO WAYS AND MEANS
lower
Jan 14, 2025
Committee
REFERRED TO WAYS AND MEANS
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Crystal Peoples-Stokes
Crystal Peoples-Stokes
DDemocratic
NY
141