Establishes the small business energy conservation ombudsman program to represent small businesses on issues relating to state energy policy and the goals of the climate leadership and community protection act.
Creates a small business grid renewable energy tax credit; provides the term "business related renewable energy usage" shall refer to renewable power usage used to further the economic activity of the taxpayer at the primary business location that is clearly delimited from any shared renewable energy power usage cost.
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.
Provides small businesses with grants of up to $100,000 to commercialize energy and environmental technology innovations and ideas in-state to stimulate economic development.
Provides small businesses with grants of up to $100,000 to commercialize energy and environmental technology innovations and ideas in-state to stimulate economic development.
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Small Business
Creates a small business renewable tax credit; provides the term "business related renewable energy usage" shall refer to renewable power usage used to further the economic activity of the taxpayer at the primary business location that is clearly delimited from any shared renewable energy power usage cost.
This bill creates a "Small Business Environmental Fund" managed by New York State's urban development corporation to help small businesses obtain loans for pollution prevention and environmental compliance. The fund guarantees up to 90% of loans (capped at $500,000) from financial institutions, targeting businesses that struggle to secure traditional financing for pollution control equipment or compliance activities. It prioritizes small businesses in distressed areas, minority-owned, women-owned, or those complying with new federal/state environmental laws like the Clean Air Act. The fund uses state appropriations, loan fees, and federal funds to provide this credit support without requiring direct state lending.
Establishes the small business energy conservation ombudsman program to represent small businesses on issues relating to state energy policy and the goals of the climate leadership and community protection act.
This bill creates a Small Business Environmental Support Office within the state department to directly assist small businesses navigating environmental regulations. The office provides ombudsman services, gathers small business input on pollution prevention and compliance with environmental laws, helps resolve disputes with regulators, and connects businesses to financial assistance programs and pollution prevention resources. It requires the department to annually report to the governor and legislature on the number of small businesses served and regional distribution. The office specifically protects the confidentiality of information shared by small businesses seeking assistance.
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Small Business
