New York S03803 provides a tax credit for the purchase or conversion of an electric or zero emission vessel, and for electric vessel recharging.
New York S03803 amends the tax law to introduce a tax credit for the purchase or conversion of an electric vessel or zero emission vessel. The credit is calculated based on the tax imposed on the purchase or conversion, with varying percentages depending on the year of purchase or conversion. The bill also provides a tax credit for electric vessel recharging property.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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