Establishes a $500 tax credit for the purchase and installation of a security camera system on residential and commercial properties in cities with a.
New York A00406 amends the tax law to provide a $500 tax credit for the purchase and installation of a security camera system on residential and commercial properties in cities with a population of one million or more. The credit is applicable for expenditures on the purchase of a camera system, materials, and labor costs for on-site preparation, assembly, and original installation. The camera system must be capable of recording and storing footage for up to 48 hours.
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