Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Nov 05, 2018 | signed chap.327 |
Oct 24, 2018 | delivered to governor |
Jun 13, 2018 | returned to assembly passed senate 3rd reading cal.979 substituted for s8049 |
Jun 13, 2018 | substituted by a10150 |
May 07, 2018 | advanced to third reading |
May 02, 2018 | 2nd report cal. |
May 01, 2018 | 1st report cal.979 |
Mar 22, 2018 | referred to cities |
senate Bill S8049
Signed By GovernorSponsored By
Andrew J. Lanza
(R, C, IP, RFM) 24th Senate District
Archive: Last Bill Status Via A10150 - Signed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
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Co-Sponsors
Joseph P. Addabbo Jr
(D) 15th Senate District
Tony Avella
(D) 0 Senate District
Martin J. Golden
(R, C, IP) 0 Senate District
Jesse Hamilton
(D) 0 Senate District
S8049 (ACTIVE) - Details
S8049 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8049 SPONSOR: LANZA TITLE OF BILL: An act to amend the real property tax law, in relation to extending the expiration of the solar electric generating system tax abatement PURPOSE: This bill would amend subdivision one of section 499-bbbb of the Real Property Tax Law (RPTL) by adding a new paragraph (c) and would amend subdivision one of section 499-cc6c of the RPTL. SUMMARY OF PROVISIONS: If the solar electric generating system is placed in service on or after January 1, 2019 and before January 1, 2021, the amount of the tax abate- ment would be 5 percent of eligible solar electric generating system expenditures in each year of the four-year compliance period. However, the benefit in each tax year would be limited to the lesser of the amount of taxes payable or $62,500. "Eligible solar electric generating
S8049 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8049 I N S E N A T E March 22, 2018 ___________ Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Cities AN ACT to amend the real property tax law, in relation to extending the expiration of the solar electric generating system tax abatement THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (d) of subdivision 1 of section 499-bbbb of the real property tax law, as amended by chapter 393 of the laws of 2016, is amended to read as follows: (d) if the solar electric generating system is placed in service on or after January first, two thousand fourteen, and before January first, two thousand [nineteen] TWENTY-ONE, for each year of the compliance period such tax abatement shall be the lesser of (i) five percent of eligible solar electric generating system expenditures, (ii) the amount of taxes payable in such tax year, or (iii) sixty-two thousand five hundred dollars. § 2. Subdivision 1 of section 499-cccc of the real property tax law, as amended by chapter 393 of the laws of 2016, is amended to read as follows: 1. To obtain a tax abatement pursuant to this title, an applicant must file an application for tax abatement, which may be filed on or after January first, two thousand nine, and on or before March fifteenth, two thousand [nineteen] TWENTY-ONE. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15152-02-8
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