NY S03203

Exempts sales and installation of commercial solar energy systems equipment from state sales and compensating use taxes, defined as solar components installed on non-residential premises for heating, cooling, hot water, and/or electricity production.

Allows local governments (cities under 1 million population, counties, and school districts) to omit the commercial solar energy systems equipment exemption from local sales taxes unless they elect otherwise.

Authorizes cities with populations of 1 million or more to elect to provide the same commercial solar energy systems equipment exemption from local sales taxes by enacting a resolution.

Requires any local exemption election by large cities to take effect January 1 of 2012 or later, and applies to sales, services, and uses occurring on and after that date.

State exemption takes effect January 1 following the date the act becomes law; local options available immediately upon enactment.