New York S 7262: Relates to the establishment of the wellness program privacy act
Status: REFERRED TO INSURANCE (as of 2020-01-15)
State: New York · Session: 2019-2020 · Bill: S 7262
Sponsors: THOMAS
Bill Text
Bill Search and Legislative Information | New York State Assembly • • • • • • • • Skip to main content New York State Assembly Speaker Carl E. Heastie --> --> --> • Assembly Members • Legislative Info • Public Hearings • Speaker's Press • Assembly Reports • Committees & More • Bill Search Home • Laws • Legislative Calendar • Public Hearing Schedule • Assembly Calendars • Assembly Committee Agenda Javascript must be enabled to properly view this page. Bill No.: • Summary • Actions • Committee Votes • Floor Votes • Memo • Text • LFIN • Chamber Video/Transcript S07262 Summary: BILL NOS07262   SAME ASNo Same As   SPONSORROLISON   COSPNSRCLEARE   MLTSPNSR   Amd §606, Tax L   Creates a 30% retrofit tax credit for owners of commercial or mixed-use buildings containing medical offices that install automatic swinging door opening systems. Go to top S07262 Actions: BILL NOS07262   04/07/2025REFERRED TO BUDGET AND REVENUE 01/07/2026REFERRED TO BUDGET AND REVENUE Go to topS07262 Committee Votes: Go to topS07262 Floor Votes: There are no Assembly votes for this bill in this legislative session. Go to topS07262 Text: STATE OF NEW YORK ________________________________________________________________________ 7262 2025-2026 Regular Sessions IN SENATE April 7, 2025 ___________ Introduced by Sens. ROLISON, CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Budget and Reven- ue AN ACT to amend the tax law, in relation to creating a retrofit tax credit for owners of buildings containing medical offices that install automatic swinging door opening systems The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 606 of the tax law is amended by adding a new 2 subsection (qqq) to read as follows: 3 (qqq) Automatic swinging door opening system retrofit tax credit. (1) 4 For taxable years beginning on or after January first, two thousand 5 twenty-six, a qualifying taxpayer shall be allowed a credit, to be 6 computed as hereinafter provided, against the tax imposed by this arti- 7 cle. The amount of the credit shall be equal to thirty percent of the 8 cost of the expenditures made by the taxpayer with respect to the 9 installation of an automatic swinging door opening system at a commer- 10 cial or mixed-use building owned by the taxpayer and occupied on a full- 11 time basis by one or more medical offices; provided that the maximum 12 credit allowable per year with regard to expenditures for the installa- 13 tion of an automatic swinging door opening system at a particular build- 14 ing by any taxpayer shall not exceed ten thousand dollars in the aggre- 15 gate for improvements made to that building. 16 (2) As used in this subsection: 17 (A) "automatic swinging door opening system" means a system of devices 18 and equipment that when connected to a door automatically opens and 19 closes the door and is compliant with section 404.3 of the Americans 20 with Disabilities Act or such other standards as the commissioner may 21 determine. This term does not include the door, or the door hinges, 22 handle, frame, or other hardware associated with the door; EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11272-01-5 S. 7262 2 1 (B) "medical office" means a place of business operated and occupied 2 by a person or persons licensed pursuant to the provisions of article 3 one hundred thirty-one, one hundred thirty-one-b, one hundred thirty- 4 two, one hundred thirty-three, one hundred thirty-four, one hundred 5 thirty-six, one hundred thirty-nine, one hundred forty, one hundred 6 forty-one, one hundred forty-three, one hundred fifty-three, one hundred 7 fifty-five, one hundred fifty-six, one hundred fifty-nine, one hundred 8 sixty, one hundred sixty-three or one hundred sixty-four of the educa- 9 tion law, and where medical services pursuant to such licensing are 10 provided to the general public; and 11 (C) "qualified taxpayer" means the owner of a commercial or mixed-use 12 building occupied on a full-time basis by one or more medical offices. 13 (3) If the amount of credit allowable under this subsection shall 14 exceed the taxpayer's tax for such year, the excess may be carried over 15 to the following year or years and may be deducted from the taxpayer's 16 tax for such year or years. 17 (4) (A) The provisions of this subsection shall not apply to any 18 building owned solely for residential purposes. In the case of a build- 19 ing where less than the entire building is used for commercial purposes 20 by the taxpayer, only the portion of the total expenditures made in the 21 building that is attributable to the commercial use of the building 22 shall be treated
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