Assembly bill · A1995 (2025-26)
Provides an asbestos remediation tax credit
New York State Assembly
Sponsor: Crystal Peoples-Stokes (Assembly Member, District 141, Democratic)
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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 17, 2026. About our data
Summary
Provides an asbestos remediation tax credit in Erie county; allows for a fifty percent credit of all eligible costs which are incurred as a result of asbestos remediation, not to exceed $1,000,000.
Summary from NY Open Legislation. How we handle summaries
Amends the Tax Law.
Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Ways and Means · New York State Assembly
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Full history
- Jan 7, 2026
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
- Jan 14, 2025
Referred to committee
REFERRED TO WAYS AND MEANS
NY Assembly
Read the record
- Read on NY Senate (opens in a new tab) The official record on nysenate.gov.