Bill Text: NY S08196 | 2023-2024 | General Assembly | Introduced

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Bill Title: Provides a period of probable usefulness for the acquisition, construction or reconstruction of or addition to a solar array or solar panel system, whether or not including buildings, land or rights in land, original furnishings, equipment, machinery or apparatus, or the replacement of such equipment, machinery or apparatus.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-12 - REFERRED TO LOCAL GOVERNMENT [S08196 Detail]

Download: New_York-2023-S08196-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          8196

                    IN SENATE

                                    January 12, 2024
                                       ___________

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

        AN ACT to amend the local finance law, in relation to providing a period
          of probable usefulness for solar arrays and panels

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Paragraph  a of section 11.00 of the local finance law is
     2  amended by adding a new subdivision 111 to read as follows:
     3    111. Solar arrays and panels. The acquisition, construction or  recon-
     4  struction of or addition to a solar array or solar panel system, whether
     5  or   not   including   buildings,  land  or  rights  in  land,  original
     6  furnishings, equipment, machinery or apparatus, or  the  replacement  of
     7  such equipment, machinery or apparatus, thirty years.
     8    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14017-02-4