Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Oct 23, 2017 |
signed chap.336 |
Oct 11, 2017 |
delivered to governor |
Jun 21, 2017 |
returned to assembly passed senate 3rd reading cal.459 substituted for s4069 |
Jun 21, 2017 |
substituted by a260 |
Mar 23, 2017 |
advanced to third reading |
Mar 22, 2017 |
2nd report cal. |
Mar 21, 2017 |
1st report cal.459 |
Feb 02, 2017 |
referred to local government |
Senate Bill S4069
Signed By Governor2017-2018 Legislative Session
Sponsored By
(R, C) 53rd Senate District
Archive: Last Bill Status Via A260 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
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- On Floor Calendar Assembly
- On Floor Calendar Senate
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- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D) Senate District
(D, WF) 21st Senate District
(D, IP) Senate District
2017-S4069 (ACTIVE) - Details
2017-S4069 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4069 TITLE OF BILL : An act to amend the real property tax law, in relation to exemption from taxation for certain energy systems PURPOSE : The bill would encourage the installation of micro-hydroelectric energy systems, fuel cell electric generating systems, micro-combined heat and power generating equipment systems, and electric energy storage equipment and systems by extending to those systems eligibility for certain real property tax exemptions available under existing law to solar, wind and farm waste energy systems. SUMMARY OF PROVISIONS : Section 1 of the bill would amend subdivisions 2, 3 and 4 of section 487 of the real property tax law ("RPTL") by extending to micro-hydroelectric energy systems, fuel cell electric generating systems, micro-combined heat and power generating equipment systems, and electric energy storage equipment and systems certain exemptions from real property taxation that are available under current law to solar and wind energy systems and farm waste energy systems. Section 2 of the bill would add to subdivision 1 of section 487 of the RPTL the following new definitions: "micro-hydroelectric energy
2017-S4069 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4069 2017-2018 Regular Sessions I N S E N A T E February 2, 2017 ___________ Introduced by Sens. GRIFFO, AVELLA, VALESKY -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to exemption from taxation for certain energy systems THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The section heading and subdivisions 2, 3 and 4 of section 487 of the real property tax law, as amended by chapter 515 of the laws of 2002, subdivision 2 as amended by section 3 of part P of chapter 57 of the laws of 2016, are amended to read as follows: Exemption from taxation for certain [solar or wind energy systems or farm waste] energy systems. 2. Real property which includes a solar or wind energy system [or], farm waste energy system, MICRO-HYDROELECTRIC ENERGY SYSTEM, FUEL CELL ELECTRIC GENERATING SYSTEM, MICRO-COMBINED HEAT AND POWER GENERATING EQUIPMENT SYSTEM, OR ELECTRIC ENERGY STORAGE EQUIPMENT AND ELECTRIC ENERGY STORAGE SYSTEM approved in accordance with the provisions of this section shall be exempt from taxation to the extent of any increase in the value thereof by reason of the inclusion of such solar or wind ener- gy system [or], farm waste energy system, MICRO-HYDROELECTRIC ENERGY SYSTEM, FUEL CELL ELECTRIC GENERATING SYSTEM, MICRO-COMBINED HEAT AND POWER GENERATING EQUIPMENT SYSTEM, OR ELECTRIC ENERGY STORAGE EQUIPMENT AND ELECTRIC ENERGY STORAGE SYSTEM for a period of fifteen years. When a solar or wind energy system or components thereof [or], farm waste energy system, MICRO-HYDROELECTRIC ENERGY SYSTEM, FUEL CELL ELECTRIC GENERATING SYSTEM, MICRO-COMBINED HEAT AND POWER GENERATING EQUIPMENT SYSTEM, OR ELECTRIC ENERGY STORAGE EQUIPMENT AND ELECTRIC ENERGY STORAGE SYSTEM also serve as part of the building structure, the increase in value which shall be exempt from taxation shall be equal to the assessed value attributable to such system or components multiplied by the ratio EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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