Home/Bills/S 4704New York · 2025–2026 Legislative Session
Senate BillIntroduced

S 4704: Repeals provisions relating to the biofuel production credit.

New York · Senate · 2025–2026 Legislative Session · last verified January 9, 2026

What S 4704 does, verified January 9, 2026

The bill aims to repeal a specific section of the tax law related to the biofuel production credit. This section, added in 2006, will be eliminated. The changes will take effect on January 1, 2026, and will apply to taxable years starting on or after that date. The implementation of these changes is allowed to be completed by the relevant authorities by the effective date.

Bill journey
1IntroducedCurrent
2In CommitteePending
3First Chamber FloorPending
4Second ChamberPending
5GovernorPending
6ChapteredPending
Last action: REFERRED TO ENERGY AND TELECOMMUNICATIONS (2026-01-07)Alert me
Quick answers about S 4704
What is the current status of S 4704?
As of January 9, 2026, S 4704 is recorded as "Introduced": it has been introduced and is waiting for its first committee hearing or floor vote. The last recorded action, on January 7, 2026, was "REFERRED TO ENERGY AND TELECOMMUNICATIONS".
Did S 4704 pass?
Not yet. S 4704 has been introduced and has not passed either house.
Who wrote S 4704, and where is it now?
S 4704 was authored by Sen. Liz Krueger. Its committee of record is Senate Energy & Telecommunications.
Recent actions2 total · showing 2
Jan. 07, 2026REFERRED TO ENERGY AND TELECOMMUNICATIONS
Feb. 11, 2025REFERRED TO ENERGY AND TELECOMMUNICATIONS
Latest bill textIntroduced version, February 11, 2025 · 208 words
  
  STATE OF NEW YORK ________________________________________________________________________ 4704 2025-2026 Regular Sessions  IN SENATE February 11, 2025 ___________ Introduced by Sen. KRUEGER -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to repeal section 28 of the tax law relating to the biofuel production credit The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 28 of the tax law, as added by section 1 of part X 2 of chapter 62 of the laws of 2006, is REPEALED. 3 § 2. This act shall take effect on the first of January next succeed- 4 ing the date on which it shall have become a law and shall apply to 5 taxable years beginning on or after such date. Effective immediately, 6 the addition, amendment and/or repeal of any rule or regulation neces- 7 sary for the implementation of this act on its effective date are 8 authorized to be made and completed on or before such effective date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD09326-01-5 
Text of S 4704 as introduced, from the official record. Connect Plus keeps every version and highlights what changed.Compare versions
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