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NY A09149
Bill
Status
10/17/2025
Primary Sponsor
Mary Walsh
Click for details
AI Summary
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Amends the general municipal law to exclude payments in lieu of taxes (PILOTs) from renewable energy projects when calculating local governments' annual tax levy limits
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Defines "renewable energy project" as any project for generating, distributing, or consuming renewable energy as defined under section 66-p of the public service law
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Allows local governments to receive PILOT revenue from renewable energy developments without counting it toward their property tax cap restrictions
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Takes effect immediately upon enactment
Legislative Description
Exempts payments in lieu of taxes received or receivable with regards to renewable energy projects from local governments' tax cap calculations; defines term.
Last Action
referred to local governments
1/7/2026