Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 21, 2018 |
signed chap.412 |
Dec 11, 2018 |
delivered to governor |
Jun 19, 2018 |
returned to assembly passed senate 3rd reading cal.2018 substituted for s8971 |
Jun 19, 2018 |
substituted by a10410 ordered to third reading cal.2018 |
Jun 08, 2018 |
referred to rules |
Senate Bill S8971
Signed By Governor2017-2018 Legislative Session
Sponsored By
(R, C, IP, RFM) 24th Senate District
Archive: Last Bill Status Via A10410 - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2017-S8971 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A10410
- Law Section:
- Real Property Tax Law
- Laws Affected:
- Amd Art 4 Title 4-C Head, §§499-aaaa, 499-bbbb, 499-cccc, 499-dddd, 499-eeee & 499-ffff, RPT L
2017-S8971 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8971 SPONSOR: LANZA TITLE OF BILL: An act to amend the real property tax law, in relation to providing a tax abatement for electric energy storage equipment PURPOSE OR GENERAL IDEA OF BILL: To amend the real property tax law to add a tax abatement for electric energy systems storage equipment for certain properties in a city of one million or more persons. This will allow for the expenditures related to running more energy efficient systems to be more affordable in the effort to increase the use of these systems across New York City. SUMMARY OF SPECIFIC PROVISIONS: Section one of the bill is amended to add a tax abatement for electric energy storage equipment for certain properties in a city of one million or more persons. Section two subdivisions two and eight of section 499-aaaa as added by
2017-S8971 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8971 I N S E N A T E June 8, 2018 ___________ Introduced by Sen. LANZA -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the real property tax law, in relation to providing a tax abatement for electric energy storage equipment THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The title heading of title 4-c of article 4 of the real property tax law, as added by chapter 473 of the laws of 2008, is amended to read as follows: SOLAR ELECTRIC GENERATING SYSTEM AND ELECTRIC ENERGY STORAGE EQUIPMENT TAX ABATEMENT FOR CERTAIN PROPERTIES IN A CITY OF ONE MILLION OR MORE PERSONS § 2. Subdivisions 2 and 8 of section 499-aaaa of the real property tax law, as added by chapter 473 of the laws of 2008, are amended and a new subdivision 11 is added to read as follows: 2. "Application for tax abatement" shall mean an application for a solar electric generating system OR ELECTRIC ENERGY STORAGE EQUIPMENT tax abatement pursuant to section four hundred ninety-nine-cccc of this title. 8. "Eligible solar electric generating system expenditures" AND "ELIGIBLE ELECTRIC ENERGY STORAGE EQUIPMENT EXPENDITURES" shall mean reasonable expenditures for materials, labor costs properly allocable to on-site preparation, assembly and original installation, architectural and engineering services, and designs and plans directly related to the construction or installation of a solar electric generating system OR ELECTRIC ENERGY STORAGE EQUIPMENT installed in connection with an eligi- ble building. Such eligible expenditures shall not include interest or other finance charges, or any expenditures incurred using a federal, state or local grant. 11. "ELECTRIC ENERGY STORAGE EQUIPMENT" MEANS A SET OF TECHNOLOGIES CAPABLE OF STORING ELECTRIC ENERGY AND RELEASING THAT ENERGY AS ELECTRIC POWER AT A LATER TIME. ELECTRIC ENERGY STORAGE TECHNOLOGIES MAY STORE ENERGY AS POTENTIAL, KINETIC, CHEMICAL OR THERMAL ENERGY THAT CAN BE RELEASED AS ELECTRIC POWER, AND INCLUDE, BUT ARE NOT LIMITED TO, VARIOUS EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
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