NY A05252

Repeals section 575-b of the real property tax law, which contained provisions specifically relating to solar or wind energy systems

Removes the requirement for solar and wind energy systems to provide additional information to the commissioner for developing and maintaining appraisal models and discount rates

Maintains the general requirement that all electric generating facility owners must file annual reports by April 30th showing inventory, revenue, and expenses

Applies to corporations, companies, associations, partnerships, and individuals who own, operate, or manage electric generating facilities in New York State

Takes effect immediately upon enactment