Bill Text: NY A01366 | 2013-2014 | General Assembly | Amended
Bill Title: Exempts a homeowner from any tax increases when installing a solar energy system on their home.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2014-01-08 - referred to real property taxation [A01366 Detail]
Download: New_York-2013-A01366-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 1366--A 2013-2014 Regular Sessions I N A S S E M B L Y (PREFILED) January 9, 2013 ___________ Introduced by M. of A. COLTON -- read once and referred to the Committee on Real Property Taxation -- 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 exempting a homeowner from tax increases when installing a solar energy system on certain homes on or after January 1, 2016 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 5 of section 487 of the real property tax law, 2 as amended by chapter 366 of the laws of 2010, is amended to read as 3 follows: 4 5. The exemption granted pursuant to this section shall only be appli- 5 cable to solar or wind energy systems or farm waste energy systems which 6 are (a) existing or constructed prior to July first, nineteen hundred 7 eighty-eight [or], (b) constructed subsequent to January first, nineteen 8 hundred ninety-one and prior to January first, two thousand fifteen OR 9 (C) SOLAR ENERGY SYSTEMS CONSTRUCTED ON ONE, TWO, THREE OR FOUR FAMILY 10 HOMES ON OR AFTER JANUARY FIRST, TWO THOUSAND SIXTEEN. 11 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04147-03-3