What's happening
This bill exempts solar energy systems on certain properties from real property taxation in New York.
Why it matters
Encourages investment in solar energy. by making solar systems tax-exempt on properties already benefiting from special status (such as non-profit, religious, hospital, and certain residential properties), reducing the costs and improving financial incentives for installation.
Broad definition of solar systems and equipment. ensures that a wide range of solar technologies and their components—including those for heating, cooling, hot water, and electricity—are covered, fostering innovation and diverse adoption.
May increase property value without additional tax burden. , allowing owners of eligible properties to upgrade to solar without fear of higher property taxes, making solar adoption more attractive and accessible.
Supports New York’s climate and renewable energy goals. by removing a significant barrier to solar adoption in institutions and homes, potentially accelerating the state’s transition to cleaner energy sources.
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Who cares
Headline styles
Exempt Solar From Property Tax
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Enacting clause stricken
- Referred to real property taxation
- Referred to real property taxation
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
No Tax on Solar Panels
In Senate Committee · Local Government · Sponsor Joseph A. Griffo
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
555
2017-2018 Regular Sessions
IN ASSEMBLY
January 9, 2017
Introduced by M. of A. PAULIN -- read once and referred to the Committee on Real Property Taxation
AN ACT to amend the real property tax law, in relation to solar energy systems
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. The real property tax law is amended by adding a new section 409 to read as follows:
§ 409. Solar energy systems. 1. A solar energy system located on any real property described in sections four hundred four, four hundred six, four hundred eight, four hundred ten, four hundred ten-a and four hundred ten-b of this title shall be exempt from taxation.
2. For purposes of this section:
(a) "solar energy system" shall mean an arrangement or combination of equipment designed to provide heating, cooling, hot water, or mechanical, chemical or electrical energy by the collection of solar energy and its conversion, storage, protection and distribution.
(b) "equipment" shall mean collectors, controls, energy storage devices, heat pumps and pumps, heat exchangers, and other materials, hardware or equipment that facilitates the process by which solar radiation is: (i) collected, (ii) converted into another form of energy such as thermal, electrical, mechanical or chemical, (iii) stored, (iv) protected from unnecessary dissipation and (v) distributed.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD06310-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.