2025-2026 Regular Session • New York Legislature
S02475
Legislative Summary
Establishes an exemption from taxation for energy-related public utility real property related to attaining state climate goals; provides that such exemption shall remain in effect until it is retired or removed from service.
Demographic Impact
Overall analysis of equity impact
80% Positive
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Bill History
1/21/2025
REFERRED TO ENERGY AND TELECOMMUNICATIONS
Senate
5/13/2025
REPORTED AND COMMITTED TO LOCAL GOVERNMENT
Senate
Roll Call Votes
Senate Energy And Telecommunications Committee Vote
5/13/2025
5
Yea
4
Nay
0
Not Voting
0
Absent
Result: PASSED
Status Information
Current Status
Introduced(1/21/2025)
Chamber
Senate
Committee
Local Government(Senate)
Sponsors
Democrat: 1
Primary Sponsor
Kevin Parker
Democrat