Bill > S02349

This bill modifies existing laws in the General Municipal Law and Education Law to exempt specific types of energy system payments in lieu of taxes (PILOTs) from certain tax levy calculations. The bill specifically excludes PILOTs related to various renewable and alternative energy technologies, including solar, wind, farm waste, micro-hydroelectric, fuel cell, micro-combined heat and power, electric energy storage, and fuel-flexible linear generator systems, from being counted when calculating tax revenues for local governments and school districts. This means that when these energy systems make PILOT payments, those payments will not be included in the financial calculations that determine tax levies, potentially providing a financial incentive for developing and installing these types of energy systems. The changes aim to support the growth of diverse renewable and alternative energy technologies by creating a more favorable financial environment for their implementation. The bill would take effect immediately upon passage.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S2349