Bill Text: NY A05404 | 2019-2020 | General Assembly | Introduced


Bill Title: Includes spent fuel that is pending further or final disposal from a nuclear power station following the permanent cessation of power of operations of such station within the definition of real property.

Spectrum: Moderate Partisan Bill (Democrat 13-3)

Status: (Introduced - Dead) 2020-01-08 - referred to ways and means [A05404 Detail]

Download: New_York-2019-A05404-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          5404
                               2019-2020 Regular Sessions
                   IN ASSEMBLY
                                    February 11, 2019
                                       ___________
        Introduced  by  M. of A. GALEF, BUCHWALD, PAULIN, JAFFEE, CAHILL, BLAKE,
          FAHY, GIGLIO, LAWRENCE -- Multi-Sponsored by -- M. of A. COOK, DAVILA,
          DICKENS, DINOWITZ, SIMON -- read once and referred to the Committee on
          Real Property Taxation
        AN ACT to amend the real property tax  law,  in  relation  to  including
          certain spent nuclear fuel within the definition of real property
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Subdivision 12 of section 102 of the real property tax  law
     2  is amended by adding a new paragraph (j) to read as follows:
     3    (j)  Spent  nuclear  fuel  that  is pending further or final disposal,
     4  including fuel stored in a spent fuel pool or  in  a  dry  cask  storage
     5  system,  from  a nuclear power station following the permanent cessation
     6  of power operations of such station.
     7    § 2. This act shall take effect January 1, 2021.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09459-02-9
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