What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
1 Co-sponsor
History
- Referred to local government
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7978
Title of bill
An act to amend the real property tax law, in relation to expanding the application of the exemption for solar, wind and farm waste energy systems
Purpose
This bill would extend the eligibility for the real property tax exemption for solar, wind and farm waste energy systems to systems constructed prior to January 1, 2016.
Summary of provisions
Section 1 of the bill amends subdivision 5 of section 487 of the real property tax law to change the expiration date of the real property tax exemption for solar or wind energy systems or farm waste energy systems from January 1, 2011 to January 1, 2016.
Section 2 of the bill provides for the effective date.
Justification
The very successful real property tax exemption program established for solar, wind and farm waste energy systems will expire on January 1, 2011. This bill would extend the exemption until January 1, 2016 thereby allowing solar, wind and farm waste energy systems to remain viable options for New York residents.
Legislative history
New bill.
Fiscal implications
None.
Local fiscal implications
None.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.