Provides an asbestos remediation tax credit in Erie county; allows for a fifty percent credit of all eligible costs which are incurred as a result of.
Provides an asbestos remediation tax credit in Erie county; allows for a fifty percent credit of all eligible costs which are incurred as a result of asbestos remediation, not to exceed $1,000,000. A qualified structure is a building principally used for residential, industrial, commercial, recreational, or environmental conservation purposes, placed in service at least twenty-five years prior to the taxable year, and at least partially situated within Erie county.
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