New York S03140 establishes a tax credit for up to 25% of expenditures on historic wood window rehabilitation and energy retrofits.

New York S03140 creates a tax credit for up to 25% of expenditures on historic wood window rehabilitation and energy retrofits. This applies to repairs and upgrades to wood windows that are at least fifty years old, approved by the state historic preservation office. The credit is limited to $200,000 per fiscal year and can be carried over if the taxpayer's income exceeds $60,000. The credit is allocated on a first-come, first-served basis until funds are exhausted.

New York S03140 establishes a tax credit for up to 25% of expenditures on historic wood window rehabilitation and energy retrofits.

New York S03140 creates a tax credit for up to 25% of expenditures on historic wood window rehabilitation and energy retrofits. This applies to repairs and upgrades to wood windows that are at least fifty years old, approved by the state historic preservation office. The credit is limited to $200,000 per fiscal year and can be carried over if the taxpayer's income exceeds $60,000. The credit is allocated on a first-come, first-served basis until funds are exhausted.