S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8463
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                               July 21, 2025
                                ___________
 
 Introduced  by  Sen. ROLISON -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the tax law and the state finance law,  in  relation  to
   establishing a one-year utility bill tax and surcharge holiday; and to
   amend the tax law, in relation to establishing a two-year green energy
   tax holiday

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The tax law is amended by adding a new section 47-a to read
 as follows:
   § 47-A. UTILITY BILL TAX AND SURCHARGE HOLIDAY. (A) DEFINITIONS.   FOR
 THE  PURPOSES  OF  THIS  SECTION, THE FOLLOWING TERMS HAVE THE FOLLOWING
 MEANINGS:
   (1) "APPLICABLE PERIOD" SHALL MEAN THE PERIOD BEGINNING FOURTEEN  DAYS
 AFTER  THE EFFECTIVE DATE OF THIS SECTION AND ENDING ONE YEAR AFTER SUCH
 BEGINNING DATE.
   (2) "UTILITY COMPANY" SHALL HAVE THE SAME  MEANING  AS  SUCH  TERM  IS
 DEFINED IN SECTION TWO OF THE PUBLIC SERVICE LAW.
   (B)  (1)  EXEMPTION FROM TAXATION. NOTWITHSTANDING ANY OTHER PROVISION
 OF LAW, RULE OR REGULATION TO THE CONTRARY, THE FOLLOWING TAXES  IMPOSED
 ON UTILITY CUSTOMERS DURING THE APPLICABLE PERIOD SHALL BE EXEMPT; GROSS
 RECEIPTS TAX AND SALES TAX.
   (2)  EXEMPTION FROM SURCHARGES. NOTWITHSTANDING ANY OTHER PROVISION OF
 LAW, RULE OR  REGULATION  TO  THE  CONTRARY,  THE  FOLLOWING  SURCHARGES
 IMPOSED  ON UTILITY CUSTOMERS MADE DURING THE APPLICABLE PERIOD SHALL BE
 EXEMPT; SYSTEM BENEFITS CHARGE, TEMPORARY  STATE  ASSESSMENT/INCREMENTAL
 STATE ASSESSMENT CHARGE AND THE RENEWABLE PORTFOLIO STANDARD CHARGE.
   (C)  PRICE REDUCTION. DURING THE APPLICABLE PERIOD THE UTILITY COMPANY
 SHALL REDUCE THE PRICE OF SERVICES BY THE AMOUNT OF TAX  AND  SURCHARGES
 IN  EXCESS  THAT  WOULD  HAVE  BEEN  COLLECTED  FROM THE CUSTOMER IF THE

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13506-02-5
 S. 8463                             2
              

 
 SERVICE HAD NOT BEEN EXEMPT FROM TAX AND SURCHARGES PURSUANT TO SUBDIVI-
 SION (B) OF THIS SECTION.
   §  2.  The  tax law is amended by adding a new section 47-b to read as
 follows:
   § 47-B. GREEN ENERGY TAX HOLIDAY. NOTWITHSTANDING ANY RULE, LAW, REGU-
 LATION, OR ORDER OF THE PUBLIC SERVICE COMMISSION TO  THE  CONTRARY,  NO
 TARIFF  OR  SURCHARGE ASSESSED FOR THE CONSTRUCTION OR IMPLEMENTATION OF
 RENEWABLE ENERGY SYSTEMS, AS  DEFINED  BY  SECTION  SIXTY-SIX-P  OF  THE
 PUBLIC SERVICE LAW, ELECTRIC VEHICLE READY INFRASTRUCTURE, AS DEFINED BY
 SECTION 11-104 OF THE ENERGY LAW, OR ELECTRIC VEHICLE CHARGING STATIONS,
 AS  DEFINED  BY  SECTION 11-104 OF THE ENERGY LAW, MAY BE IMPOSED ON ANY
 UTILITY RATEPAYER FOR A PERIOD OF TWO YEARS AFTER THE EFFECTIVE DATE  OF
 THIS ACT.
   §  3. The state finance law is amended by adding a new section 89-l to
 read as follows:
   § 89-L. UTILITY BILL TAX AND SURCHARGE HOLIDAY. WITHIN FORTY-FIVE DAYS
 AFTER THE APPLICABLE PERIOD AS DEFINED BY  SUBDIVISION  (A)  OF  SECTION
 FORTY-SEVEN-A  OF THE TAX LAW, THE COMPTROLLER, IN CONSULTATION WITH THE
 DIRECTOR OF THE DIVISION OF THE BUDGET, SHALL TRANSFER FROM THE  GENERAL
 FUND AN AMOUNT EQUAL TO THE AMOUNT THAT WOULD HAVE OTHERWISE BEEN DEPOS-
 ITED  IN  SUCH  ACCOUNTS  IF  THE EXEMPTIONS DEFINED IN PARAGRAPH ONE OF
 SUBDIVISION (B) OF SECTION FORTY-SEVEN-A OF THE TAX  LAW  HAD  NOT  BEEN
 AUTHORIZED.
   § 4. This act shall take effect immediately.