•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video/Transcript 

S08075 Summary:

BILL NOS08075
 
SAME ASSAME AS A10398
 
SPONSORHARCKHAM
 
COSPNSR
 
MLTSPNSR
 
Amd 102, add 563, RPT L
 
Includes spent fuel that is pending further or final disposal from a nuclear power station following the permanent cessation of power of operations of such station within the definition of real property.
Go to top

S08075 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8075
 
                    IN SENATE
 
                                     March 16, 2020
                                       ___________
 
        Introduced  by Sen. HARCKHAM -- read twice and ordered printed, and when
          printed to be committed to the Committee on Local Government
 
        AN ACT to amend the real property tax  law,  in  relation  to  including
          certain spent nuclear fuel within the definition of real property
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Subdivision 12 of section 102 of the real property tax  law
     2  is amended by adding a new paragraph (j) to read as follows:
     3    (j)  Spent  fuel  pools  and dry cask storage systems in which nuclear
     4  fuel is stored and is pending further or final disposal from  a  nuclear
     5  power  station  following the permanent cessation of power operations of
     6  such station.
     7    § 2.  The real property tax law is amended by adding a new section 563
     8  to read as follows:
     9    § 563. Real property used to store spent nuclear fuel.   Notwithstand-
    10  ing  any  other provision of law, real property, as defined in paragraph
    11  (j) of subdivision twelve of section one hundred two  of  this  chapter,
    12  shall be assessable.
    13    § 3.  This act shall take effect January 1, 2021.
 
 
 
 
 

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09459-08-0
Go to top