Res. No. 119
Resolution calling upon the New York State Legislature to create a tax incentive program for green businesses.
Council Members Mark-Viverito, Dromm, Lander, Van Bramer, Vann, Williams, Rodriguez, Nelson and Koo
Whereas, Green businesses contribute to both economic growth and environmental improvement in the City of New York; and
Whereas, A recent study by the New York City Economic Development Corporation found that the Green Sector is ripe for growth in New York City; and
Whereas, The New York City Council has recently passed legislation requiring lighting upgrades, energy audits, and other improvements in many of the City's buildings, and continues to work to upgrade building codes and encourage renewable energy, energy efficiency projects, and the use of environmentally responsible products and services; and
Whereas, The benefits of using environmentally friendly products and services are multiplied when the providers of those products and services are located nearby, reducing transportation impacts and supporting the local economy; and
Whereas, Tax incentives may give green businesses much-needed help in establishing themselves in the City; and
Whereas, New York State may establish tax incentive programs designed to benefit green businesses and create a center of environmentally responsible business in New York City; now, therefore, be it
Resolved, That the Council of the City of New York calls upon the New York State Legislature to create a tax incentive program for green businesses.
STW
2/19/10
LS 7917/2008