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NY A09030

Bill

Official Source

Status

Introduced

2/5/2024

Primary Sponsor

Christopher Burdick

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends the Local Finance Law to establish a 30-year period of probable usefulness for solar arrays and solar panel systems
  • Applies to acquisition, construction, reconstruction, or addition to solar array or solar panel systems, including related buildings, land, rights in land, furnishings, equipment, and machinery
  • Covers replacement of equipment, machinery, or apparatus associated with solar systems
  • Takes effect immediately upon enactment

Legislative Description

Provides a period of probable usefulness for the acquisition, construction or reconstruction of or addition to a solar array or solar panel system, whether or not including buildings, land or rights in land, original furnishings, equipment, machinery or apparatus, or the replacement of such equipment, machinery or apparatus.

Last Action

referred to local governments

2/5/2024

Committee Referrals

Local Governments2/5/2024

Full Bill Text

No bill text available