A00034 Summary:
BILL NO | A00034B |
  | |
SAME AS | SAME AS S00149-B |
  | |
SPONSOR | Cahill |
  | |
COSPNSR | Rivera P, Abinanti, Lupardo, Lopez P |
  | |
MLTSPNSR | |
  | |
Amd S606, Tax L | |
  | |
Relates to tax credits provided for solar energy system equipment; provides credit for the lease of solar energy equipment and the purchase of power generated by solar equipment. |
A00034 Actions:
BILL NO | A00034B | |||||||||||||||||||||||||||||||||||||||||||||||||
  | ||||||||||||||||||||||||||||||||||||||||||||||||||
01/05/2011 | referred to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
03/02/2011 | amend and recommit to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
03/02/2011 | print number 34a | |||||||||||||||||||||||||||||||||||||||||||||||||
05/16/2011 | amend and recommit to ways and means | |||||||||||||||||||||||||||||||||||||||||||||||||
05/16/2011 | print number 34b | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | reported referred to rules | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | reported | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | rules report cal.607 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | ordered to third reading rules cal.607 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
06/23/2011 | REFERRED TO RULES | |||||||||||||||||||||||||||||||||||||||||||||||||
01/04/2012 | DIED IN SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
01/04/2012 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
01/04/2012 | ordered to third reading cal.1 | |||||||||||||||||||||||||||||||||||||||||||||||||
01/10/2012 | passed assembly | |||||||||||||||||||||||||||||||||||||||||||||||||
01/10/2012 | delivered to senate | |||||||||||||||||||||||||||||||||||||||||||||||||
01/10/2012 | REFERRED TO INVESTIGATIONS AND GOVERNMENT OPERATIONS | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2012 | SUBSTITUTED FOR S149B | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2012 | 3RD READING CAL.1428 | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2012 | PASSED SENATE | |||||||||||||||||||||||||||||||||||||||||||||||||
06/20/2012 | RETURNED TO ASSEMBLY | |||||||||||||||||||||||||||||||||||||||||||||||||
08/06/2012 | delivered to governor | |||||||||||||||||||||||||||||||||||||||||||||||||
08/17/2012 | signed chap.375 |
A00034 Floor Votes:
Yes
Abbate
Yes
Clark
Yes
Gottfried
Yes
Lifton
Yes
Nolan
Yes
Scarborough
Yes
Abinanti
Yes
Colton
Yes
Graf
Yes
Linares
Yes
Oaks
Yes
Schimel
Yes
Amedore
Yes
Conte
Yes
Gunther
Yes
Lopez PD
Yes
O'Donnell
Yes
Schimminger
ER
Arroyo
Yes
Cook
Yes
Hanna
ER
Lopez VJ
Yes
Ortiz
Yes
Schroeder
Yes
Aubry
Yes
Corwin
ER
Hawley
Yes
Losquadro
Yes
Palmesano
Yes
Simotas
Yes
Barclay
Yes
Crespo
Yes
Hayes
Yes
Lupardo
Yes
Paulin
Yes
Smardz
Yes
Barron
Yes
Crouch
Yes
Heastie
Yes
Magee
Yes
Peoples Stokes
Yes
Spano
Yes
Benedetto
Yes
Curran
Yes
Hevesi
Yes
Magnarelli
Yes
Perry
Yes
Stevenson
Yes
Bing
Yes
Cusick
Yes
Hikind
Yes
Maisel
Yes
Pretlow
Yes
Sweeney
Yes
Blankenbush
Yes
Cymbrowitz
Yes
Hooper
Yes
Malliotakis
Yes
Ra
Yes
Tedisco
ER
Boyland
Yes
DenDekker
Yes
Hoyt
Yes
Markey
Yes
Rabbitt
Yes
Tenney
Yes
Boyle
Yes
Dinowitz
Yes
Jacobs
Yes
McDonough
Yes
Raia
Yes
Thiele
Yes
Braunstein
Yes
Duprey
Yes
Jaffee
Yes
McEneny
Yes
Ramos
Yes
Titone
Yes
Brennan
Yes
Englebright
Yes
Jeffries
Yes
McKevitt
Yes
Reilich
Yes
Titus
Yes
Bronson
Yes
Farrell
Yes
Johns
Yes
McLaughlin
Yes
Reilly
Yes
Tobacco
Yes
Brook Krasny
Yes
Finch
Yes
Jordan
Yes
Meng
Yes
Rivera J
Yes
Weinstein
Yes
Burling
Yes
Fitzpatrick
Yes
Katz
Yes
Miller D
Yes
Rivera N
Yes
Weisenberg
Yes
Butler
Yes
Friend
Yes
Kavanagh
Yes
Miller JM
Yes
Rivera PM
Yes
Weprin
Yes
Cahill
Yes
Gabryszak
Yes
Kellner
Yes
Miller MG
Yes
Roberts
Yes
Wright
Yes
Calhoun
Yes
Galef
ER
Kirwan
Yes
Millman
ER
Robinson
Yes
Zebrowski
Yes
Camara
Yes
Gantt
Yes
Kolb
Yes
Molinaro
Yes
Rodriguez
Yes
Mr. Speaker
Yes
Canestrari
ER
Gibson
Yes
Lancman
Yes
Montesano
Yes
Rosenthal
Yes
Castelli
Yes
Giglio
Yes
Latimer
Yes
Morelle
Yes
Russell
Yes
Castro
Yes
Glick
Yes
Lavine
Yes
Moya
Yes
Saladino
Yes
Ceretto
Yes
Goodell
Yes
Lentol
Yes
Murray
Yes
Sayward
‡ Indicates voting via videoconference
Yes
Abbate
Yes
Clark
Yes
Goldfeder
Yes
Linares
Yes
O'Donnell
Yes
Scarborough
Yes
Abinanti
ER
Colton
Yes
Goodell
ER
Lopez PD
Yes
Ortiz
Yes
Schimel
Yes
Amedore
Yes
Conte
Yes
Gottfried
Yes
Lopez VJ
Yes
Palmesano
Yes
Schimminger
Yes
Arroyo
Yes
Cook
Yes
Graf
Yes
Losquadro
Yes
Paulin
Yes
Simanowitz
Yes
Aubry
Yes
Corwin
Yes
Gunther
ER
Lupardo
Yes
Peoples Stokes
Yes
Simotas
Yes
Barclay
Yes
Crespo
Yes
Hanna
Yes
Magee
Yes
Perry
Yes
Smardz
Yes
Barron
Yes
Crouch
Yes
Hawley
Yes
Magnarelli
Yes
Pretlow
Yes
Stevenson
Yes
Benedetto
Yes
Curran
Yes
Heastie
Yes
Maisel
Yes
Quart
Yes
Sweeney
Yes
Blankenbush
Yes
Cusick
Yes
Hevesi
Yes
Malliotakis
Yes
Ra
Yes
Tedisco
Yes
Boyland
Yes
Cymbrowitz
Yes
Hikind
Yes
Markey
Yes
Rabbitt
Yes
Tenney
Yes
Boyle
Yes
DenDekker
Yes
Hooper
Yes
McDonough
Yes
Raia
Yes
Thiele
Yes
Braunstein
Yes
Dinowitz
Yes
Jacobs
Yes
McEneny
Yes
Ramos
Yes
Titone
Yes
Brennan
Yes
Duprey
Yes
Jaffee
Yes
McKevitt
Yes
Reilich
Yes
Titus
Yes
Brindisi
Yes
Englebright
Yes
Jeffries
Yes
McLaughlin
Yes
Reilly
Yes
Tobacco
Yes
Bronson
Yes
Espinal
Yes
Johns
Yes
Meng
Yes
Rivera J
Yes
Walter
Yes
Brook Krasny
Yes
Farrell
Yes
Jordan
Yes
Miller D
Yes
Rivera N
Yes
Weinstein
Yes
Burling
ER
Finch
Yes
Katz
Yes
Miller JM
Yes
Rivera PM
Yes
Weisenberg
Yes
Butler
Yes
Fitzpatrick
Yes
Kavanagh
Yes
Miller MG
Yes
Roberts
Yes
Weprin
Yes
Cahill
Yes
Friend
Yes
Kellner
Yes
Millman
Yes
Robinson
Yes
Wright
Yes
Calhoun
Yes
Gabryszak
Yes
Kolb
Yes
Montesano
Yes
Rodriguez
Yes
Zebrowski
Yes
Camara
Yes
Galef
Yes
Lancman
Yes
Morelle
ER
Rosenthal
Yes
Mr. Speaker
Yes
Canestrari
ER
Gantt
Yes
Latimer
Yes
Moya
Yes
Russell
Yes
Castelli
Yes
Gibson
Yes
Lavine
Yes
Murray
Yes
Ryan
Yes
Castro
Yes
Giglio
Yes
Lentol
Yes
Nolan
Yes
Saladino
Yes
Ceretto
Yes
Glick
Yes
Lifton
Yes
Oaks
Yes
Sayward
‡ Indicates voting via videoconference
A00034 Text:
Go to top STATE OF NEW YORK ________________________________________________________________________ 34--B 2011-2012 Regular Sessions IN ASSEMBLY (Prefiled) January 5, 2011 ___________ Introduced by M. of A. CAHILL -- read once and referred to the Committee on Ways and Means -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee -- again reported from said committee with amendments, ordered reprinted as amended and recommitted to said committee AN ACT to amend the tax law, in relation to tax credits provided for solar energy system equipment The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Paragraphs 1 and 2 of subsection (g-1) of section 606 of 2 the tax law, as amended by chapter 378 of the laws of 2005 and subpara- 3 graph (B) of paragraph 2 as amended by chapter 251 of the laws of 2006, 4 is amended to read as follows: 5 (1) General. An individual taxpayer shall be allowed a credit against 6 the tax imposed by this article equal to twenty-five percent of quali- 7 fied solar energy system equipment expenditures, except as provided in 8 subparagraph (D) of paragraph two of this subsection. This credit shall 9 not exceed three thousand seven hundred fifty dollars for qualified 10 solar energy equipment placed in service before September first, two 11 thousand six, and five thousand dollars for qualified solar energy 12 equipment placed in service on or after September first, two thousand 13 six. 14 (2) Qualified solar energy system equipment expenditures. (A) The term 15 "qualified solar energy system equipment expenditures" means expendi- 16 tures for: 17 (i) the purchase of solar energy system equipment which is installed 18 in connection with residential property which is [(i)] (I) located in 19 this state and [(ii)] (II) which is used by the taxpayer as his or her 20 principal residence at the time the solar energy system equipment is 21 placed in service; EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD00898-04-1A. 34--B 2 1 (ii) the lease of solar energy system equipment under a written agree- 2 ment that spans at least ten years where such equipment owned by a 3 person other than the taxpayer is installed in connection with residen- 4 tial property which is (I) located in this state and (II) which is used 5 by the taxpayer as his or her principal residence at the time the solar 6 energy system equipment is placed in service; or 7 (iii) the purchase of power under a written agreement that spans at 8 least ten years whereunder the power purchased is generated by solar 9 energy system equipment owned by a person other than the taxpayer which 10 is installed in connection with residential property which is (I) 11 located in this state and (II) which is used by the taxpayer as his or 12 her principal residence at the time the solar energy system equipment is 13 placed in service. 14 (B) Such qualified expenditures shall include expenditures for materi- 15 als, labor costs properly allocable to on-site preparation, assembly and 16 original installation, architectural and engineering services, and 17 designs and plans directly related to the construction or installation 18 of the solar energy system equipment. 19 (C) Such qualified expenditures for the purchase of solar energy 20 system equipment shall not include interest or other finance charges. 21 (D) Such qualified expenditures for the lease of solar energy system 22 equipment or the purchase of power under an agreement described in 23 clauses (ii) or (iii) of subparagraph (A) of this paragraph shall 24 include an amount equal to all payments made during the taxable year 25 under such agreement. Provided, however, such credits shall only be 26 allowed for fourteen years after the first taxable year in which such 27 credit is allowed. Provided further, however, the twenty-five percent 28 limitation in paragraph one of this subsection shall only apply to the 29 total aggregate amount of all payments to be made pursuant to an agree- 30 ment referenced in clauses (ii) or (iii) of subparagraph (A) of this 31 paragraph, and shall not apply to individual payments made during a 32 taxable year under such agreement except to the extent such limitation 33 on an aggregate basis has been reached. 34 § 2. This act shall take effect immediately.