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NY A03828
Bill
Status
1/30/2025
Primary Sponsor
Scott Gray
Click for details
AI Summary
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Prohibits taxing jurisdictions that have opted out of property tax exemptions for renewable energy systems from granting exemptions for individual or specific energy system projects
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Requires jurisdictions that previously opted out and wish to reinstate the exemption to pass a local law, ordinance, or resolution within 120 days prior to the taxable status date
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Limits the validity of any opt-out reversal to one year, after which the jurisdiction would need to take action again to continue offering exemptions
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Preserves the standard 15-year exemption period for energy systems that receive an exemption during the one-year window when exemptions are permitted
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Applies to solar, wind, farm waste, micro-hydroelectric, fuel cell, micro-combined heat and power, electric storage, and fuel-flexible linear generator systems
Legislative Description
Provides that a taxing jurisdiction which has opted out of the exemption from taxation for certain energy systems may not offer the exemption for specific or single projects; requires that a jurisdiction which changes its status relating to the exemption must do so within 120 days prior to the taxable status date; provides that such change shall be valid for one year.
Last Action
referred to real property taxation
1/7/2026