Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to local government |
Jun 21, 2013 |
committed to rules |
Jun 10, 2013 |
advanced to third reading |
Jun 05, 2013 |
2nd report cal. |
Jun 04, 2013 |
1st report cal.1047 |
Apr 24, 2013 |
print number 2529a |
Apr 24, 2013 |
amend (t) and recommit to local government |
Jan 18, 2013 |
referred to local government |
Senate Bill S2529A
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Local Government Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
Bill Amendments
co-Sponsors
(D) Senate District
2013-S2529 - Details
2013-S2529 - Sponsor Memo
BILL NUMBER:S2529 TITLE OF BILL: An act to amend the real property tax law, in relation to permanently exempting a homeowner from tax increases when installing a solar energy system on their home PURPOSE: To exempt a homeowner from any property tax increase after installation of a solar energy system on their home SUMMARY OF PROVISIONS: Section 1- amends subdivisions 2 of section 487 of the Real Property Tax law to remove the current limitation of 15 years on any increased assessment for wind, solar and farm waste to energy systems. Section 5 is amended to allow any home solar energy systems constructed after January 1, 2016 to receive this incentive. Section 8 is repealed to clarify that this tax exemption applies to county city, town, village and school taxes. Section 2- contains the effective date JUSTIFICATION: This legislation would modify the Real Property Tax law regarding real property which includes a solar energy system, wind energy system and farm waste system. Currently, there is a fifteen year real property tax increase exemption for anyone who installs the aforementioned systems. These structures provide positive benefits to the environment, a reduction in pollution caused by power plants striving to meet the needs of the local energy demand, reduces the
2013-S2529 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2529 2013-2014 Regular Sessions I N S E N A T E January 18, 2013 ___________ Introduced by Sen. MARCELLINO -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the real property tax law, in relation to permanently exempting a homeowner from tax increases when installing a solar ener- gy system on their home THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivisions 2, 5, 8 and 9 of section 487 of the real prop- erty tax law, subdivisions 2 and 8 as amended by chapter 515 of the laws of 2002, subdivision 8 as further amended by subdivision (b) of section 1 of part W of chapter 56 of the laws of 2010, subdivision 5 as amended by chapter 366 of the laws of 2010 and subdivision 9 as added by chapter 608 of the laws of 2002, are amended to read as follows: 2. Real property which includes a solar or wind energy system or farm waste energy system approved in accordance with the provisions of this section shall be exempt from taxation to the extent of any increase in the value thereof by reason of the inclusion of such solar or wind ener- gy system or farm waste energy system [for a period of fifteen years]. When a solar or wind energy system or components thereof or farm waste energy system also serve as part of the building structure, the increase in value which shall be exempt from taxation shall be equal to the assessed value attributable to such system or components multiplied by the ratio of the incremental cost of such system or components to the total cost of such system or components. 5. The exemption granted pursuant to this section shall only be appli- cable to solar or wind energy systems or farm waste energy systems which are (a) existing or constructed prior to July first, nineteen hundred eighty-eight [or], (b) constructed subsequent to January first, nineteen hundred ninety-one and prior to January first, two thousand fifteen OR (C) SOLAR ENERGY SYSTEMS CONSTRUCTED ON ONE, TWO, THREE OR FOUR FAMILY HOMES ON OR AFTER JANUARY FIRST, TWO THOUSAND SIXTEEN. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04147-01-3
co-Sponsors
(D) Senate District
2013-S2529A (ACTIVE) - Details
2013-S2529A (ACTIVE) - Sponsor Memo
BILL NUMBER:S2529A REVISED 6/7/13 TITLE OF BILL: An act to amend the real property tax law, in relation to exempting a homeowner from tax increases when installing a solar energy system on certain homes on or after January 1, 2016 PURPOSE: To exempt a homeowner from any property tax increase after installation of a solar energy system on their home, if the locality concurs SUMMARY OF PROVISIONS: Section 1 of the Real Property Tax law is amended to allow solar energy systems constructed on one, two, three or four family homes on or after January 1, 2016. Section 2- contains the effective date JUSTIFICATION: This legislation would modify the Real Property Tax law regarding real property which includes a solar energy system, wind energy system and farm waste system. Currently, there is a fifteen year real property tax increase exemption for anyone who installs the aforementioned systems. These structures provide positive benefits to the environment, a reduction in pollution caused by power plants striving to meet the needs of the local energy demand, reduces the demand of foreign oil and save residents money by providing clean free energy. This legislation will permanently eliminate the increase to real property taxes which will provide further incentive for the
2013-S2529A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2529--A 2013-2014 Regular Sessions I N S E N A T E January 18, 2013 ___________ Introduced by Sens. MARCELLINO, GIPSON -- read twice and ordered print- ed, and when printed to be committed to the Committee on Local Govern- ment -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the real property tax law, in relation to exempting a homeowner from tax increases when installing a solar energy system on certain homes on or after January 1, 2016 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 5 of section 487 of the real property tax law, as amended by chapter 366 of the laws of 2010, is amended to read as follows: 5. The exemption granted pursuant to this section shall only be appli- cable to solar or wind energy systems or farm waste energy systems which are (a) existing or constructed prior to July first, nineteen hundred eighty-eight [or], (b) constructed subsequent to January first, nineteen hundred ninety-one and prior to January first, two thousand fifteen OR (C) SOLAR ENERGY SYSTEMS CONSTRUCTED ON ONE, TWO, THREE OR FOUR FAMILY HOMES ON OR AFTER JANUARY FIRST, TWO THOUSAND SIXTEEN. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04147-02-3
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.