New York S01826 creates a tax credit for taxpayers who install water filtration or purification systems in their residences or businesses.

New York S01826 amends the tax law to establish a tax credit for taxpayers who purchase and install water filtration or purification systems in their residences or businesses. The credit amounts to $500 per system installed. A taxpayer can claim one credit for each residence or business where a new system is installed. The credit applies to taxable years beginning on or after January 1, 2025.

New York S01826 creates a tax credit for taxpayers who install water filtration or purification systems in their residences or businesses.

New York S01826 amends the tax law to establish a tax credit for taxpayers who purchase and install water filtration or purification systems in their residences or businesses. The credit amounts to $500 per system installed. A taxpayer can claim one credit for each residence or business where a new system is installed. The credit applies to taxable years beginning on or after January 1, 2025.