New York Extends Certain Tax Increment Financing, Investment Tax Credits

The New York Governor signed a law that includes: 1) extending provisions of the law relating to the New York transit authority and the metropolitan transit authority relating to certain tax increment financing to April 1, 2027; and 2) extending the refundability of the investment tax credit for farmers for taxable years beginning before Jan. 1, 2033.

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.