Extends from January 1, 2011 until January 1, 2015, the expiration of certain provisions of law relating to tax exemptions for solar, wind, or farm waste energy systems.
STATE OF NEW YORK
________________________________________________________________________
10875
IN ASSEMBLY
April 27, 2010
___________
Introduced by M. of A. MAGEE -- read once and referred to the Committee
on Real Property Taxation
AN ACT to amend the real property tax law, in relation to extending
certain energy exemptions
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 5 of section 487 of the real property tax law,
2 as amended by chapter 129 of the laws of 2006, is amended to read as
3 follows:
4 5. The exemption granted pursuant to this section shall only be appli-
5 cable to solar or wind energy systems or farm waste energy systems which
6 are (a) existing or constructed prior to July first, nineteen hundred
7 eighty-eight or (b) constructed subsequent to January first, nineteen
8 hundred ninety-one and prior to January first, two thousand [eleven]
9 fifteen.
10 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD17037-01-0
