Bill Text: NY A09799 | 2017-2018 | General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Incorporates resource conservation, energy efficiency, green technologies, and alternative and renewable energy measures of project applicants into a uniform tax exemption policy.

Spectrum: Moderate Partisan Bill (Democrat 9-1)

Status: (Engrossed - Dead) 2018-05-31 - REFERRED TO LOCAL GOVERNMENT [A09799 Detail]

Download: New_York-2017-A09799-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          9799
                   IN ASSEMBLY
                                    February 9, 2018
                                       ___________
        Introduced  by M. of A. HUNTER, ENGLEBRIGHT -- read once and referred to
          the Committee on Local Governments
        AN ACT to amend the general municipal law, in relation to including  the
          incorporation of solar panels in a project into a written cost-benefit
          analysis
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph (b) of subdivision 4 and paragraph (b) of  subdi-
     2  vision  5    of  section 859-a of the general municipal law, as added by
     3  chapter 563 of the laws of 2015, are amended to read as follows:
     4    (b) a description of the proposed project for which financial  assist-
     5  ance  is  requested,  including  the  type of project, proposed location
     6  [and], purpose of the project and how such proposed project will  imple-
     7  ment,  to  the  fullest  extent  practicable  and economically feasible,
     8  resource conservation  and  energy  efficiency  measures  and  equipment
     9  intended  to  reduce  power  demand  and  usage  including solar panels,
    10  utilize green technologies, and alternative and renewable fuels;
    11    (b) a written cost-benefit analysis by the agency that identifies  the
    12  extent  to  which  a  project  will  create or retain permanent, private
    13  sector jobs; the estimated value of any tax exemptions to  be  provided;
    14  the amount of private sector investment generated or likely to be gener-
    15  ated  by  the  proposed  project;  the  likelihood  of accomplishing the
    16  proposed project in a timely  fashion;  and  the  extent  to  which  the
    17  proposed  project will provide additional sources of revenue for munici-
    18  palities and school districts; whether the  project  incorporates  solar
    19  panels  or  other technologies to reduce carbon emissions; and any other
    20  public benefits that might occur as a result of the project;
    21    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13540-02-8