S 8671

  • New York Senate Bill
  • 2021 Regular Session
  • Introduced in Senate
  • Senate
  • Assembly
  • Governor

Provides a tax credit for certain utility bill payments and establishes a moratorium on certain surcharges thereon

Abstract

Provides a tax credit for utility bill payments made in taxable years 2022 and 2023 based on the difference of the average monthly utility bill payment in the year in which the credit is claimed and the average monthly utility bill payment in the preceding three taxable years; establishes a moratorium on certain utility bill surcharges until April 1, 2023; provides for the repeal of such moratorium upon expiration thereof.

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Mar 29, 2022

Senate

REFERRED TO BUDGET AND REVENUE

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