Bill
Bill > A09030
NY A09030
NY A09030Provides a period of probable usefulness for the acquisition, construction or reconstruction of or addition to a solar array or solar panel system, whether or not including buildings, land or rights in land, original furnishings, equipment, machinery or apparatus, or the replacement of such equipment, machinery or apparatus.
summary
Introduced
02/05/2024
02/05/2024
In Committee
02/05/2024
02/05/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
2023-2024 General Assembly
Bill Summary
AN ACT to amend the local finance law, in relation to providing a period of probable usefulness for solar arrays and panels
AI Summary
This bill amends the Local Finance Law to provide a 30-year period of probable usefulness for the acquisition, construction, reconstruction, or addition to a solar array or solar panel system, including any associated buildings, land, rights, equipment, or apparatus. This allows local governments to finance such solar energy projects over a 30-year period, providing more flexibility and support for the adoption of renewable energy technologies.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
referred to local governments (on 02/05/2024)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2023/A9030 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A09030&term=2023&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A09030 |
Loading...