Bill
Bill > A05252
NY A05252
NY A05252Eliminates 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
02/12/2025
In Committee
01/07/2026
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)
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/2025/A5252 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A05252&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05252 |
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