Bill Text: NY A10160 | 2023-2024 | General Assembly | Introduced

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Bill Title: Eliminates the necessity for solar and wind energy systems to supply certain information in electric generating facility annual reports; repeals provisions relating to solar or wind energy systems.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2024-05-10 - referred to real property taxation [A10160 Detail]

Download: New_York-2023-A10160-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10160

                   IN ASSEMBLY

                                      May 10, 2024
                                       ___________

        Introduced  by  COMMITTEE  ON RULES -- (at request of M. of A. Tague) --
          read once and referred to the Committee on Real Property Taxation

        AN ACT to amend the real property  tax  law,  in  relation  to  electric
          generating  facility  annual  reports;  and to repeal section 575-b of
          such law relating to solar or wind energy systems

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section 1. Section 575-b of the real property tax law is REPEALED.
     2    §  2.  Subdivision 1 of section 575-a of the real property tax law, as
     3  amended by section 2 of part X of chapter 59 of the  laws  of  2021,  is
     4  amended to read as follows:
     5    1.  Every  corporation, company, association, joint stock association,
     6  partnership and person, their lessees, trustees or  receivers  appointed
     7  by  any  court  whatsoever,  owning,  operating or managing any electric
     8  generating facility in the state shall annually file  with  the  commis-
     9  sioner, by April thirtieth, a report showing the inventory, revenue, and
    10  expenses  associated therewith for the most recent fiscal year[, and, in
    11  the case of solar and wind energy systems, such other information as the
    12  commissioner may reasonably require for the development and  maintenance
    13  of  an appraisal model and discount rate as required pursuant to section
    14  575-b of this chapter]. Such report shall be  in  the  form  and  manner
    15  prescribed by the commissioner.
    16    § 3. This act shall take effect immediately.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15445-01-4