| Assembly Actions - Lowercase Senate Actions - UPPERCASE |
|
|---|---|
| Apr 25, 2022 | referred to real property taxation delivered to assembly passed senate ordered to third reading cal.756 |
| Feb 07, 2022 | reported and committed to finance |
| Jan 05, 2022 | referred to cities 1 returned to senate died in assembly |
| Mar 23, 2021 | referred to real property taxation delivered to assembly passed senate |
| Mar 11, 2021 | advanced to third reading |
| Mar 10, 2021 | 2nd report cal. |
| Mar 09, 2021 | 1st report cal.548 |
| Mar 04, 2021 | print number 3229a |
| Mar 04, 2021 | amend and recommit to cities 1 |
| Jan 28, 2021 | referred to cities 1 |
senate Bill S3229A
2021-2022 Legislative Session
Sponsored By
Kevin S. Parker
(D, WF) 21st Senate District
Archive: Last Bill Status - Passed Senate
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Votes
Bill Amendments
Co-Sponsors
Robert Jackson
(D, WF) 31st Senate District
S3229 - Details
S3229 - Sponsor Memo
BILL NUMBER: S3229 SPONSOR: PARKER 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 to state that on or after January 1, 2021 and before
S3229 - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3229
2021-2022 Regular Sessions
I N S E N A T E
January 28, 2021
___________
Introduced by Sen. PARKER -- read twice and ordered printed, and when
printed to be committed to the Committee on Cities 1
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. Paragraph (e) of subdivision 1 of section 499-bbbb of the
real property tax law, as amended by section 1 of item B of subpart H of
part XXX of chapter 58 of the laws of 2020, is amended and a new para-
graph (f) is added to read as follows:
(e) if electric energy storage equipment is placed in service on or
after January first, two thousand nineteen, and before January first,
two thousand twenty-four, for each year of the compliance period such
tax abatement shall be the lesser of (i) ten percent of eligible elec-
tric energy storage equipment expenditures, (ii) the amount of taxes
payable in such tax year, or (iii) sixty-two thousand five hundred
dollars[.]; OR
(F) IF ELECTRIC ENERGY STORAGE EQUIPMENT IS PLACED IN SERVICE ON OR
AFTER JANUARY FIRST, TWO THOUSAND TWENTY-THREE, AND BEFORE JANUARY
FIRST, TWO THOUSAND TWENTY-FIVE, FOR EACH YEAR OF THE COMPLIANCE PERIOD
SUCH TAX ABATEMENT SHALL BE THE LESSER OF (I) TEN PERCENT OF ELIGIBLE
ELECTRIC ENERGY STORAGE EQUIPMENT EXPENDITURES, (II) THE AMOUNT OF TAXES
PAYABLE IN SUCH TAX YEAR, OR (III) SIXTY-TWO THOUSAND FIVE HUNDRED
DOLLARS.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05591-01-1
Co-Sponsors
Robert Jackson
(D, WF) 31st Senate District
S3229A (ACTIVE) - Details
S3229A (ACTIVE) - Sponsor Memo
BILL NUMBER: S3229A SPONSOR: PARKER 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 to state that on or after January 1, 2024 and before
S3229A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K
________________________________________________________________________
3229--A
2021-2022 Regular Sessions
I N S E N A T E
January 28, 2021
___________
Introduced by Sen. PARKER -- read twice and ordered printed, and when
printed to be committed to the Committee on Cities 1 -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
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. Paragraph (e) of subdivision 1 of section 499-bbbb of the
real property tax law, as amended by section 1 of item B of subpart H of
part XXX of chapter 58 of the laws of 2020, is amended and a new para-
graph (f) is added to read as follows:
(e) if electric energy storage equipment is placed in service on or
after January first, two thousand nineteen, and before January first,
two thousand twenty-four, for each year of the compliance period such
tax abatement shall be the lesser of (i) ten percent of eligible elec-
tric energy storage equipment expenditures, (ii) the amount of taxes
payable in such tax year, or (iii) sixty-two thousand five hundred
dollars[.]; OR
(F) IF ELECTRIC ENERGY STORAGE EQUIPMENT IS PLACED IN SERVICE ON OR
AFTER JANUARY FIRST, TWO THOUSAND TWENTY-FOUR, AND BEFORE JANUARY FIRST,
TWO THOUSAND TWENTY-SIX, FOR EACH YEAR OF THE COMPLIANCE PERIOD SUCH TAX
ABATEMENT SHALL BE THE LESSER OF (I) TEN PERCENT OF ELIGIBLE ELECTRIC
ENERGY STORAGE EQUIPMENT EXPENDITURES, (II) THE AMOUNT OF TAXES PAYABLE
IN SUCH TAX YEAR, OR (III) SIXTY-TWO THOUSAND FIVE HUNDRED DOLLARS.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD05591-02-1
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