S T A T E O F N E W Y O R K
________________________________________________________________________
3806
2017-2018 Regular Sessions
I N A S S E M B L Y
January 30, 2017
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Introduced by M. of A. COLTON, M. G. MILLER, STIRPE, RIVERA, FAHY, RAIA,
CROUCH, COOK, THIELE, BRABENEC, ARROYO, HOOPER -- Multi-Sponsored by
-- M. of A. GLICK, MAGEE, WALKER -- read once and referred to the
Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to exempting a
homeowner from tax increases when installing a solar energy system on
certain homes on or after January 1, 2020
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 5 of section 487 of the real property tax law,
as amended by chapter 344 of the laws of 2014, is amended to read as
follows:
5. The exemption granted pursuant to this section shall only be appli-
cable to solar or wind energy systems or farm waste energy systems which
are (a) existing or constructed prior to July first, nineteen hundred
eighty-eight or (b) constructed subsequent to January first, nineteen
hundred ninety-one and prior to January first, two thousand twenty-five
OR (C) SOLAR ENERGY SYSTEMS CONSTRUCTED ON ONE, TWO, THREE OR FOUR FAMI-
LY HOMES ON OR AFTER JANUARY FIRST, TWO THOUSAND TWENTY.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05011-01-7