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Bill > A05252


NY A05252

NY A05252
Eliminates the necessity for solar and wind energy systems to supply certain information in electric generating facility annual reports; repeals provisions relating to solar or wind energy systems.


summary

Introduced
02/12/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the real property tax law, in relation to electric generating facility annual reports; and to repeal section 575-b of such law relating to solar or wind energy systems

AI Summary

This bill eliminates the requirement for solar and wind energy systems to provide additional detailed information in their annual electric generating facility reports to the commissioner. Currently, corporations, companies, associations, partnerships, and individuals who own, operate, or manage electric generating facilities must submit an annual report by April 30th detailing their inventory, revenue, and expenses. The bill removes the previous mandate that specifically required solar and wind energy systems to provide extra information to help develop and maintain an appraisal model and discount rate. By repealing section 575-b of the real property tax law, the bill simplifies the reporting requirements for solar and wind energy system owners, reducing their administrative burden. The legislation would take effect immediately upon enactment, meaning solar and wind energy systems would no longer need to submit the previously required supplemental information in their annual reports.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

referred to real property taxation (on 01/07/2026)

bill text


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