Lawmakers back NYC tax break for solar panels

Published June 20, 2014 9:42pm ET



ALBANY, N.Y. (AP) — Property tax breaks for installing electricity-generating solar panels on New York City buildings would be extended under a bill passed by state legislators.

Strengthening the existing incentive program will help hasten a transition to a green economy, said Assembly member Linda Rosenthal, a Manhattan Democrat who sponsored the bill.

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