LEGISLATIVE DEVELOPMENTS

October 2008

To read this entire item of approximately 1000 words online now in PDF format: Click here to read this item if you are an existing subscriber to this publication. Click here to purchase the full text of this item to read now (price: $25). To subscribe to this publication and immediately access all its archives including this item, select the relevant publication under 'Catalogue' in the left-hand column PLEASE NOTE: to read PDFs on www.argento.com you must be using Version 5 of Acrobat Reader or Adobe Reader. If you have an earlier version you can download the latest free of charge by clicking here

New Tax Legislation Passed by the State of New York Promotes the Installation of Green Roofs in New York City

On August 5, 2008, New York Governor David A. Patterson signed into law Bill A11226, new legislation amending the state’s tax code to provide up to $100,000 in one- time tax credits to building owners in the City of New York for qualifying green roof projects. The new law is aimed at increasing the number of green roofs in the city by making installation of green roofs more affordable.