Senate Bill S10099

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10099
 
                             I N  S E N A T E
 
                              April 28, 2026
                                ___________
 
 Introduced  by  Sen. PALUMBO -- read twice and ordered printed, and when
   printed to be committed to the Committee on Budget and Revenue
 
 AN ACT to amend the tax law, in relation to residential solar tax  cred-
   its
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section 1. Paragraph 3 of subsection (g-1) of section 606 of  the  tax
 law,  as  amended by chapter 128 of the laws of 2007, is amended to read
 as follows:
   (3) Solar energy system  equipment.  The  term  "solar  energy  system
 equipment"  shall  mean  an  arrangement  or  combination  of components
 utilizing solar radiation, which, when installed in a residence, produc-
 es energy designed to provide heating, cooling, hot water or electricity
 for use in such residence. Such  arrangement  or  components  shall  not
 include  equipment  connected to solar energy system equipment that is a
 component of part or parts of a non-solar energy system  or  which  uses
 any  sort  of  recreational  facility  or equipment as a storage medium.
 Solar energy system equipment that generates electricity for  use  in  a
 residence  must  conform to applicable requirements set forth in section
 sixty-six-j of the public service law. Provided,  however,  where  solar
 energy  system  equipment  is  purchased  and installed by a condominium
 management  association  or  a  cooperative  housing  corporation,   for
 purposes  of  this  subsection  only,  the  term "ten kilowatts" in such
 section sixty-six-j shall be read as "fifty kilowatts."  NOTWITHSTANDING
 THE FOREGOING, SOLAR ENERGY SYSTEM EQUIPMENT SHALL  INCLUDE  A  PORTABLE
 SOLAR GENERATION DEVICE WHICH MEANS A PHOTOVOLTAIC SYSTEM AND ASSOCIATED
 EQUIPMENT  THAT  IS DESIGNED TO BE CONNECTED TO A RESIDENTIAL BUILDING'S
 ELECTRICAL SYSTEM THROUGH A STANDARD ELECTRICAL OUTLET AND IS LIMITED TO
 SUPPLYING A MAXIMUM AGGREGATE CONTINUOUS AC INVERTER NAMEPLATE OUTPUT OF
 NOT MORE THAN ONE THOUSAND TWO HUNDRED WATTS PER UTILITY ACCOUNT TO  THE
 UTILITY ELECTRIC GRID AND DOES NOT NEED TO ENTER INTO AN INTERCONNECTION
 OR NET METERING AGREEMENT. SUCH EQUIPMENT SHALL HAVE ALL REQUIRED SAFETY
 AND FIRE PREVENTION APPROVALS.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD15676-01-6