NY State Senate Bill 2023-S6069

Senate Bill S6069

2023-2024 Legislative Session

Expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a community solar array

download bill text pdf

Current Bill Status - In Senate Committee Budget And Revenue 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

Please enter your contact information

First Name

Last Name

Email Address

A valid email address is required.

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

View Actions

	Assembly Actions - Lowercase Senate Actions - UPPERCASE
Jan 03, 2024	referred to budget and revenue
May 02, 2023	reported and committed to finance
Mar 28, 2023	referred to budget and revenue

Votes

- May 2, 2023 - Budget And Revenue Committee Vote
  S6069
  
  5
  
  Aye
  
  0
  
  Nay
  
  2
  
  Aye with Reservations
  
  0
  
  Absent
  
  0
  
  Excused
  
  0
  
  Abstained
  - - Budget And Revenue Committee Vote: May 2, 2023
      
      aye (5)
      
      Addabbo Jr.
      
      Comrie
      
      Gounardes
      
      Krueger
      
      Parker
      
      aye wr (2)
      
      Murray
      
      Weber

2023-S6069 (ACTIVE) - Details

See Assembly Version of this Bill:: A1013
Current Committee:: Senate Budget And Revenue
Law Section:: Tax Law
Laws Affected:: Amd §606, Tax L
Versions Introduced in 2021-2022 Legislative Session:: S8788, A9232

2023-S6069 (ACTIVE) - Summary

Expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a community solar array; defines "community solar array" to mean a location other than a person's principal residence where solar energy system equipment is owned and installed for use in such person's principal residence.

2023-S6069 (ACTIVE) - Sponsor Memo

                                 
BILL NUMBER: S6069

SPONSOR: SKOUFIS
 
TITLE OF BILL:

An act to amend the tax law, in relation to expanding the solar energy
system equipment tax credit to cover solar energy system equipment
installed in a community solar array

 
PURPOSE:

To provide a solar energy system tax credit for ownership of a community
solar array that produces energy designed to provide heating, cooling,
hot water or electricity for use in the owner's residence.

 
SUMMARY OF PROVISIONS:

Section 1 amends paragraphs 3 and 4 of subsection (g-1) of section 606
of 2 the tax law, allowing for a solar energy system equipment tax cred-
it to be applied to a "community solar array" meaning a location other
than a person's principal residence where solar energy system equipment
is owned and installed for use in such person's principal residence.

Section 2 provides the effective date.

 
JUSTIFICATION:

New York State has established aggressive renewable energy targets in
law, requiring 70% of the state's energy be renewable by 2030 and 100%
emission free by 2040. To meet these critical goals and set a nationwide
example for a successful transition to a clean energy economy, the state
must look to reduce barriers to access for renewable energy technolo-
gies. Currently the state offers a tax credit for solar energy system
equipment, but only if it is owned and installed on-site to provide
residential power. This legislation will expand the tax credit to
include community solar arrays owned and used by a primary residence,
but installed at another location.

 
LEGISLATIVE HISTORY:

Senate

2021-2022: S8788, REFERRED TO BUDGET AND REVENUE

Assembly

2021-2022: A9232, Referred to ways and means

 
FISCAL IMPLICATIONS:

None to the state.

 
EFFECTIVE DATE:
This act shall take effect immediately and shall apply to taxable years
commencing on and after January 1, 2023.

2023-S6069 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6069
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              March 28, 2023
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Budget and Revenue
 
 AN ACT to amend the tax law, in relation to expanding the  solar  energy
   system  equipment  tax  credit  to cover solar energy system equipment
   installed in a community solar array

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraphs  3 and 4 of subsection (g-1) of section 606 of
 the tax law, paragraph 3 as amended by chapter 128 of the laws  of  2007
 and  paragraph  4  as  amended  by  chapter 378 of the laws of 2005, are
 amended to read as follows:
   (3) Solar energy system  equipment.  The  term  "solar  energy  system
 equipment"  shall  mean  an  arrangement  or  combination  of components
 utilizing solar radiation, which, when installed in a residence OR IN  A
 COMMUNITY  SOLAR  ARRAY,  produces  energy  designed to provide heating,
 cooling, hot water or electricity for use in such residence OR  FOR  USE
 IN A RESIDENCE CONNECTED TO A COMMUNITY SOLAR ARRAY. Such arrangement or
 components  shall not include equipment connected to solar energy system
 equipment that is a component of part or parts  of  a  non-solar  energy
 system or which uses any sort of recreational facility or equipment as a
 storage medium. Solar energy system equipment that generates electricity
 for use in a residence must conform to applicable requirements set forth
 in  section  sixty-six-j  of  the public service law. Provided, however,
 where solar energy system equipment is  purchased  and  installed  by  a
 condominium management association or a cooperative housing corporation,
 for  purposes  of this subsection only, the term "ten kilowatts" in such
 section sixty-six-j shall  be  read  as  "fifty  kilowatts."    FOR  THE
 PURPOSES  OF  THIS  SUBSECTION,  "COMMUNITY  SOLAR  ARRAY"  SHALL MEAN A
 LOCATION OTHER THAN A PERSON'S PRINCIPAL RESIDENCE  WHERE  SOLAR  ENERGY
 SYSTEM EQUIPMENT IS OWNED AND INSTALLED FOR USE IN SUCH PERSON'S PRINCI-
 PAL RESIDENCE.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03434-01-3

 S. 6069                             2
 
   (4)  Multiple  taxpayers.  Where  solar  energy  system  equipment  is
 purchased and installed in a principal residence shared by two  or  more
 taxpayers OR IN A COMMUNITY SOLAR ARRAY, the amount of the credit allow-
 able  under  this  subsection  for  each such taxpayer shall be prorated
 according  to  the  percentage  of  the total expenditure for such solar
 energy system equipment contributed by each taxpayer.
   § 2. This act shall take effect immediately and shall apply to taxable
 years commencing on and after January 1, 2023.

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.