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NY A04731

Bill

Official Source

Status

Introduced

2/5/2009

Primary Sponsor

Greg Ball

Click for details

Origin

Assembly

2009-2010 General Assembly

AI Summary

  • Adds a new paragraph to Tax Law Section 1115 defining alternative energies as those that do not rely on petroleum products or natural gas as their energy source
  • Creates a new Tax Law Section 289-g that exempts alternative energies from all taxes levied or imposed under that article
  • Applies the same definition of alternative energies (non-petroleum and non-natural gas sources) to the tax exemption
  • Takes effect immediately upon enactment

Legislative Description

An act to amend the tax law, in relation to eliminating taxes on alternative energies

Last Action

held for consideration in ways and means

7/1/2010

Committee Referrals

Ways and Means2/5/2009

Full Bill Text

No bill text available