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NY S07110

Bill

Official Source

Status

Passed

9/30/2016

Primary Sponsor

Andrew Lanza

Click for details

Origin

Senate

2015-2016 General Assembly

AI Summary

  • Extends the deadline for solar electric generating systems placed in service to January 1, 2019, rather than January 1, 2017
  • Allows applicants to file tax abatement applications on or before March 15, 2019, instead of March 15, 2017
  • Maintains the tax abatement rate at five percent of eligible solar electric generating system expenditures or $62,500 per year, whichever is lesser
  • Takes effect immediately upon enactment

Legislative Description

Extends until January 1, 2019, the deadline to apply for the solar electric generating system real property tax abatement.

Last Action

SIGNED CHAP.393

9/30/2016

Committee Referrals

Ways and Means6/1/2016
Cities3/29/2016

Full Bill Text

No bill text available