New York leads: The Green Building Tax Credit.(NY Governor George Pataki signs law) From: Westchester County Business Journal | Date: January 20, 2003| Author: Kneeland, Craig | COPYRIGHT 2003 Westfair Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

On this year's New York State Taxes, building owners and property lessees can claim tax credits for their Green Buildings efforts. In May 2001, Governor George Pataki signed into law the nation's first Green Building Tax Credit (GBTC). The GBTC is a 25 million dollar income tax credit for owners and tenants of buildings that meet energy, indoor air quality, materials commissioning, water conservation, appliance, and size criteria as set out in the State regulations, maintained by t...