New York A00286 establishes a tax credit for historic wood window rehabilitation and energy retrofits.

New York A00286 creates a tax credit of up to 25% for expenditures on historic wood window rehabilitation and energy retrofits within five years. The credit applies to repairs like reglazing and weatherstripping, ensuring energy efficiency while preserving historic integrity. A "historic wood window" is defined as one that is at least fifty years old, approved by the state historic preservation office. The credit is capped at $50,000 per fiscal year for residential and commercial properties, with a total annual limit of $200,000.

New York A00286 establishes a tax credit for historic wood window rehabilitation and energy retrofits.

New York A00286 creates a tax credit of up to 25% for expenditures on historic wood window rehabilitation and energy retrofits within five years. The credit applies to repairs like reglazing and weatherstripping, ensuring energy efficiency while preserving historic integrity. A "historic wood window" is defined as one that is at least fifty years old, approved by the state historic preservation office. The credit is capped at $50,000 per fiscal year for residential and commercial properties, with a total annual limit of $200,000.