Bill Text: NY A10875 | 2009-2010 | General Assembly | Introduced

New York Assembly Bill 10875 (Prior Session Legislation)

Introduced

Bill Title: Extends from January 1, 2011 until January 1, 2015, the expiration of certain provisions of law relating to tax exemptions for solar, wind, or farm waste energy systems.

Spectrum: Slight Partisan Bill (Democrat 2-1)

Status: (Passed) 2010-08-13 - signed chap.366 [A10875 Detail]

Download: New_York-2009-A10875-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         10875
                                 I N  A S S E M B L Y
                                    April 27, 2010
                                      ___________
       Introduced  by M. of A. MAGEE -- read once and referred to the Committee
         on Real Property Taxation
       AN ACT to amend the real property tax  law,  in  relation  to  extending
         certain energy exemptions
         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  129 of the laws of 2006, 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  [eleven]
    9  FIFTEEN.
   10    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD17037-01-0