Bill Text: NY S04908 | 2017-2018 | General Assembly | Introduced


Bill Title: Eliminates taxes on alternative energies.

Spectrum: Partisan Bill (Democrat 3-0)

Status: (Introduced - Dead) 2017-03-03 - REFERRED TO ENERGY AND TELECOMMUNICATIONS [S04908 Detail]

Download: New_York-2017-S04908-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          4908
                               2017-2018 Regular Sessions
                    IN SENATE
                                      March 3, 2017
                                       ___________
        Introduced  by  Sens.  DIAZ, HAMILTON, LATIMER, PARKER -- read twice and
          ordered printed, and when printed to be committed to the Committee  on
          Energy and Telecommunications
        AN  ACT to amend the tax law, in relation to eliminating taxes on alter-
          native energies
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1.  Subdivision (a) of section 1115 of the tax law is amended
     2  by adding a new paragraph 44 to read as follows:
     3    (44) Alternative energies for use or consumption as set forth in  this
     4  subdivision.  Alternative energies shall include those which do not rely
     5  on petroleum products or natural gas as their energy source.
     6    § 2. The tax law is amended by adding a new section 289-g to  read  as
     7  follows:
     8    § 289-g. Alternative energies. Any tax levied or imposed by this arti-
     9  cle  shall not apply to alternative energies. Alternative energies shall
    10  include those which do not rely on petroleum products or natural gas  as
    11  their energy source.
    12    § 3. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07185-01-7
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