Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 30, 2016 |
print number 206a |
Mar 30, 2016 |
amend and recommit to energy and telecommunications |
Jan 06, 2016 |
referred to energy and telecommunications |
Jan 07, 2015 |
referred to energy and telecommunications |
Senate Bill S206A
2015-2016 Legislative Session
Sponsored By
(R, C) 7th Senate District
Archive: Last Bill Status - In Senate Committee Energy And Telecommunications 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
Bill Amendments
2015-S206 - Details
- Current Committee:
- Senate Energy And Telecommunications
- Law Section:
- Tax Law
- Laws Affected:
- Add §28-a, amd §§210-B, 606 & 1511, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1361
2011-2012: S2483
2013-2014: S4710
2015-S206 - Summary
Establishes an alternative energy systems and generating equipment tax credit for qualified expenditures meeting the criteria prescribed by the department of taxation and finance, in consultation with the department of environmental conservation and the New York state energy research and development authority, for taxpayers subject to tax under articles nine-A, twenty-two and thirty-three of the tax law whose business is not substantially engaged in the commercial generation, distribution, transmission or servicing of energy or energy products.
2015-S206 - Sponsor Memo
BILL NUMBER: S206 TITLE OF BILL : An act to amend the tax law, in relation to establishing a tax credit for alternative energy systems and generating equipment PURPOSE : The purpose of this legislation is to encourage the investment in and continued use of alternative energy systems and generating equipment through tax credits which will assist in offsetting the initial costs of constructing and installing solar and wind energy system equipment and fuel cell electric generating equipment. SUMMARY OF PROVISIONS : Section 1 - would amend the tax law by adding a new section 28-a to establish a tax credit for alternative energy systems and generating equipment. Sections 2, 3, 4, 5 and 6 - amend the tax law to allow for alternative energy systems and generating equipment credits, as would be established pursuant to section one of this legislation, within Articles nine-a, twenty-two, thirty-two and thirty-three of the tax law.
2015-S206 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 206 2015-2016 Regular Sessions I N S E N A T E (PREFILED) January 7, 2015 ___________ Introduced by Sen. MARTINS -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations AN ACT to amend the tax law, in relation to establishing a tax credit for alternative energy systems and generating equipment THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 28-a to read as follows: S 28-A. CREDIT FOR ALTERNATIVE ENERGY SYSTEMS AND GENERATING EQUIP- MENT. (A) GENERAL. A TAXPAYER SUBJECT TO TAX UNDER ARTICLE NINE-A, TWEN- TY-TWO, THIRTY-TWO OR THIRTY-THREE OF THIS CHAPTER, WHOSE BUSINESS IS NOT SUBSTANTIALLY ENGAGED IN THE COMMERCIAL GENERATION, DISTRIBUTION, TRANSMISSION OR SERVICING OF ENERGY OR ENERGY PRODUCTS, AND WHO EMPLOYS ONE OR MORE FULL-TIME EMPLOYEES, EXCLUDING GENERAL EXECUTIVE OFFICERS (IN THE CASE OF A CORPORATION), SHALL BE ALLOWED A CREDIT AGAINST SUCH TAX, PURSUANT TO THE PROVISIONS REFERENCED IN SUBDIVISION (E) OF THIS SECTION. THE CREDIT SHALL BE ALLOWED FOR QUALIFIED EXPENDITURES WHICH MEET THE ELIGIBILITY CRITERIA, IF ANY, PRESCRIBED BY THE DEPARTMENT, IN CONSULTATION WITH THE DEPARTMENT OF ENVIRONMENTAL CONSERVATION AND THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY, DISBURSED IN NEW YORK STATE. (B) DEFINITIONS. FOR THE PURPOSES OF THIS SECTION: (1) THE TERM "SOLAR AND WIND ENERGY SYSTEM EQUIPMENT" SHALL REFER TO A SYSTEM WHICH SHALL MEET THE ELIGIBILITY REQUIREMENTS SET BY THE DEPARTMENT OF ENVI- RONMENTAL CONSERVATION AND THE NEW YORK STATE ENERGY AND RESEARCH AND DEVELOPMENT AUTHORITY WHICH SERVES AS: (I) SOLAR ELECTRIC GENERATING EQUIPMENT WHICH SHALL MEAN AN ARRANGE- MENT OR COMBINATION OF COMPONENTS UTILIZING SOLAR RADIATION TO PRODUCE ENERGY DESIGNED TO PROVIDE HEATING, COOLING, HOT WATER OR ELECTRICITY. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
2015-S206A (ACTIVE) - Details
- Current Committee:
- Senate Energy And Telecommunications
- Law Section:
- Tax Law
- Laws Affected:
- Add §28-a, amd §§210-B, 606 & 1511, Tax L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1361
2011-2012: S2483
2013-2014: S4710
2015-S206A (ACTIVE) - Summary
Establishes an alternative energy systems and generating equipment tax credit for qualified expenditures meeting the criteria prescribed by the department of taxation and finance, in consultation with the department of environmental conservation and the New York state energy research and development authority, for taxpayers subject to tax under articles nine-A, twenty-two and thirty-three of the tax law whose business is not substantially engaged in the commercial generation, distribution, transmission or servicing of energy or energy products.
2015-S206A (ACTIVE) - Sponsor Memo
BILL NUMBER: S206A TITLE OF BILL : An act to amend the tax law, in relation to establishing a tax credit for alternative energy systems and generating equipment PURPOSE : The purpose of this legislation is to encourage the investment in and continued use of alternative energy systems and generating equipment through tax credits which will assist in offsetting the initial costs of constructing and installing solar and wind energy system equipment and fuel cell electric generating equipment. SUMMARY OF PROVISIONS : Section 1 - would amend the tax law by adding a new section 28-a to establish a tax credit for alternative energy systems and generating equipment. Sections 2, 3, 4, 5 and 6 - amend the tax law to allow for alternative energy systems and generating equipment credits, as would be established pursuant to section one of this legislation, within Articles nine-a, twenty-two, thirty-two and thirty-three of the tax law.
2015-S206A (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 206--A 2015-2016 Regular Sessions I N S E N A T E (PREFILED) January 7, 2015 ___________ Introduced by Sen. MARTINS -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommuni- cations -- recommitted to the Committee on Energy and Telecommuni- cations in accordance with Senate Rule 6, sec. 8 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to establishing a tax credit for alternative energy systems and generating equipment THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 28-a to read as follows: S 28-A. CREDIT FOR ALTERNATIVE ENERGY SYSTEMS AND GENERATING EQUIP- MENT. (A) GENERAL. A TAXPAYER SUBJECT TO TAX UNDER ARTICLE NINE-A, TWEN- TY-TWO OR THIRTY-THREE OF THIS CHAPTER, WHOSE BUSINESS IS NOT SUBSTAN- TIALLY ENGAGED IN THE COMMERCIAL GENERATION, DISTRIBUTION, TRANSMISSION OR SERVICING OF ENERGY OR ENERGY PRODUCTS, AND WHO EMPLOYS ONE OR MORE FULL-TIME EMPLOYEES, EXCLUDING GENERAL EXECUTIVE OFFICERS (IN THE CASE OF A CORPORATION), SHALL BE ALLOWED A CREDIT AGAINST SUCH TAX, PURSUANT TO THE PROVISIONS REFERENCED IN SUBDIVISION (E) OF THIS SECTION. THE CREDIT SHALL BE ALLOWED FOR QUALIFIED EXPENDITURES WHICH MEET THE ELIGI- BILITY CRITERIA, IF ANY, PRESCRIBED BY THE DEPARTMENT, IN CONSULTATION WITH THE DEPARTMENT OF ENVIRONMENTAL CONSERVATION AND THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY, DISBURSED IN NEW YORK STATE. (B) DEFINITIONS. FOR THE PURPOSES OF THIS SECTION: (1) THE TERM "SOLAR AND WIND ENERGY SYSTEM EQUIPMENT" SHALL REFER TO A SYSTEM WHICH SHALL MEET THE ELIGIBILITY REQUIREMENTS SET BY THE DEPARTMENT OF ENVI- RONMENTAL CONSERVATION AND THE NEW YORK STATE ENERGY AND RESEARCH AND DEVELOPMENT AUTHORITY WHICH SERVES AS: EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04880-04-6
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