States / New York / S 5992

S 5992 In Committee

Creates a small business electric energy tax credit

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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.

Chamber
Senate
Introduced
Mar 4, 2025
Last action
Jan 7, 2026 — REFERRED TO BUDGET AND REVENUE
Session
2025-2026
Momentum
27 · Low