New York Assembly Bill 5959: Provides for direct-pay tax abatement credits for solar electric generating systems and electric energy storage systems in connection with eligible buildings

New York · 2025-2026 session

Status: Introduced

What it does

Provides for direct-pay tax abatement credits for solar electric generating systems and electric energy storage systems in connection with eligible buildings; provides such eligible properties shall include: 501(c)(3) corporations, associations, organizations or trusts and income-restricted affordable housing properties.

Latest action

PRINT NUMBER 5959A (2026-05-07)

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