Bill Text: NY S04239 | 2023-2024 | General Assembly | Introduced

---

Bill Title: Relates to exempting homeowners from tax increases for certain renewable energy systems.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-01-03 - REFERRED TO LOCAL GOVERNMENT [S04239 Detail]

Download: New_York-2023-S04239-Introduced.html

---

                STATE OF NEW YORK
        ________________________________________________________________________

                                          4239

                               2023-2024 Regular Sessions

                    IN SENATE

                                    February 6, 2023
                                       ___________

        Introduced  by  Sen.  O'MARA -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government

        AN ACT to amend the real property tax  law,  in  relation  to  exempting
          homeowners from tax increases for certain renewable energy systems

          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 section 1 of part X of chapter 59 of the laws of 2021, is
     3  amended to read as follows:
     4    5. The exemption granted pursuant to this section shall only be appli-
     5  cable to (a) solar or wind energy systems or farm waste  energy  systems
     6  which  are  (i)  existing  or  constructed prior to July first, nineteen
     7  hundred eighty-eight or (ii) constructed subsequent  to  January  first,
     8  nineteen  hundred  ninety-one  and  prior to January first, two thousand
     9  thirty, and (b) micro-hydroelectric energy systems, fuel  cell  electric
    10  generating  systems,  micro-combined heat and power generating equipment
    11  systems, electric energy storage equipment or  electric  energy  storage
    12  system,  or  fuel-flexible  linear  generator electric generating system
    13  which are constructed subsequent to January first, two thousand eighteen
    14  and prior to January first, two thousand thirty,  and  (c)  all  systems
    15  described in paragraphs (a) and (b) of this subdivision whose standalone
    16  or  combined  generation  capacity  does not exceed twenty kilowatts and
    17  whose standalone or combined electric energy storage capacity  does  not
    18  exceed thirty kilowatt-hours.
    19    §  2.  Subdivision  8  of  section 487 of the real property tax law is
    20  amended by adding a new paragraph (c) to read as follows:
    21    (c) This subdivision shall not apply to exemptions granted pursuant to
    22  paragraph (c) of subdivision five of this section.
    23    § 3. Subdivision 9 of section 487 of the  real  property  tax  law  is
    24  amended by adding a new paragraph (d) to read as follows:

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08790-01-3
        S. 4239                             2

     1    (d) This subdivision shall not apply to exemptions granted pursuant to
     2  paragraph (c) of subdivision five of this section.
     3    § 4. This act shall take effect immediately.