New York Senate bill in Session 2025-2026.
Status: in_committee. Latest action: January 7, 2026.
Creates a small business electric energy tax credit.
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.
| Date | Event | Detail |
|---|---|---|
| 2025-03-04 | Introduced | Bill introduced |
| 2026-01-07 | Status | in_committee |
| 2026-01-07 | Latest Action | In Senate Committee |