Bill
Bill > S08788
NY S08788
NY S08788Expands 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.
summary
Introduced
04/18/2022
04/18/2022
In Committee
04/18/2022
04/18/2022
Crossed Over
Passed
Dead
12/31/2022
12/31/2022
Introduced Session
2021-2022 General Assembly
Bill 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.
AI Summary
This bill expands the solar energy system equipment tax credit to cover solar energy system equipment installed in a "community solar array." The bill defines a "community solar array" as 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. The bill also allows the tax credit to be prorated when the solar energy system equipment is purchased and installed in a community solar array shared by multiple taxpayers.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
REFERRED TO BUDGET AND REVENUE (on 04/18/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2021/S8788 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=S08788&term=2021&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#S08788 |
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