New York A02474 establishes a tax credit for small businesses that improve their facilities to reduce the spread of infectious diseases.

New York A02474 amends the tax law to establish a small business tax credit for efforts to improve facilities in an effort to reduce the spread of infectious diseases. The credit is equal to the money spent on constructing, installing, building, and equipping new amenities intended to reduce disease spread, up to $5,000 per location. The credit cannot be claimed if it has already been claimed for another tax credit. Any unused credit can be carried over to the following three years.

New York A02474 establishes a tax credit for small businesses that improve their facilities to reduce the spread of infectious diseases.

New York A02474 amends the tax law to establish a small business tax credit for efforts to improve facilities in an effort to reduce the spread of infectious diseases. The credit is equal to the money spent on constructing, installing, building, and equipping new amenities intended to reduce disease spread, up to $5,000 per location. The credit cannot be claimed if it has already been claimed for another tax credit. Any unused credit can be carried over to the following three years.