Designates restaurants as qualified businesses for the purposes of the commercial security tax credit program

This bill expands New York's commercial security tax credit program to include restaurants as eligible businesses. It allows restaurants with 50 or fewer employees to claim a tax credit of $3,000 per location for security costs exceeding $4,000 (for businesses with ≤25 employees) or $6,000 (for businesses with >25 employees). Eligible expenses include security cameras, alarms, lighting, locks, and security officers. The credit applies to taxable years beginning in 2025 and affects qualifying restaurants statewide.