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A 286

Establishes a historic wood window rehabilitation and energy retrofit tax credit

2025 Regular Session Introduced by Didi Barrett

Establishes a New York state tax credit for historic wood window rehabilitation and energy retrofits, helping historic-property owners preserve character while boosting efficiency.

REFERRED TO WAYS AND MEANS
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Bill Summary · A 286

Summary: A 286 – Historic Wood Window Rehabilitation and Energy Retrofit Tax Credit

Overview

A 286 is a bill introduced in the New York Assembly on January 8, 2025, titled “Establishes a historic wood window rehabilitation and energy retrofit tax credit.” The bill is currently referred to the Ways and Means committee, indicating it is undergoing fiscal review before potential consideration on the floor.

  • Primary sponsor: Didi Barrett
  • Status: Referred to Ways and Means (initial action on 2025-01-08; listed twice in actions)
  • Related/companion measures: S 3140 (Senate companion); A 8613 (prior-session bill)

Purpose and Scope

The bill seeks to create a state tax credit aimed at encouraging owners of historic properties to rehabilitate wood windows and implement energy retrofit improvements. The intent is to support historic preservation while improving energy efficiency in qualifying buildings.

  • Focus: Rehabilitation of historic wood windows and associated energy retrofit measures
  • Policy aim: Balance preservation of historic character with modern energy performance

Key Provisions (with caveat)

The specific statutory provisions (credit amount, eligibility criteria, eligible expenditures, claim process, sunset, and transferability) are not provided in the information available here. The bill’s title implies:

  • Establishment of a tax credit for qualified expenditures related to historic wood window rehabilitation
  • Potential linkage to energy retrofit measures that improve energy efficiency
  • Eligibility likely tied to properties listed on or contributing to a historic district or designated as historic properties (a common framework in similar credits)

Readers should review the full text for precise details, including:
- Credit percentage or fixed amount
- Maximum credit per project or per taxpayer
- Eligible costs (materials, labor, permits, professional services)
- Eligible properties (owner-occupied vs. income-producing, certificate/approval requirements)
- Compliance with historic preservation standards
- Carryover, transferability, refundability, and recapture rules
- Sunset date or renewal provisions
- Application and compliance procedures

Affected Parties

  • Private property owners of historic buildings with wood windows
  • Contractors, contractors’ suppliers, and architectural/engineering professionals involved in rehabilitation and energy retrofits
  • Historic preservation organizations and local governments that administer or oversee preservation standards
  • State treasury and taxpayers, due to anticipated fiscal impact from the credit

Fiscal and Procedural Considerations

  • The bill is in the Ways and Means committee, signaling that a fiscal analysis (budget impact) will be prepared.
  • Companion bills in the Senate (S 3140) suggest parallel consideration and potential negotiation across chambers.
  • Passage would likely require implementing regulations and possible performance metrics to ensure compliance with preservation standards and energy goals.

Next Steps / What to Watch

  • Review the full bill text when released to confirm credit details, eligibility, and administration.
  • Monitor committee hearings and amendments in Ways and Means for changes in scope, funding, and sunset provisions.
  • Compare with companion S 3140 to assess alignment and potential compromises between chambers.

This summary reflects the information provided. If you can share the full bill text or any fiscal notes, I can update with precise provisions, amounts, timelines, and impacts.

Compiled from official sources — confirm details with the bill’s official record.

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