S289-2011 Actions

• Jan 4, 2012: REFERRED TO ENERGY AND TELECOMMUNICATIONS
• Mar 29, 2011: DEFEATED IN ENERGY AND TELECOMMUNICATIONS
• Feb 22, 2011: NOTICE OF COMMITTEE CONSIDERATION - REQUESTED
• Jan 5, 2011: REFERRED TO ENERGY AND TELECOMMUNICATIONS

S289-2011 Meetings

S289-2011 Votes

S289-2011 Memo

BILL NUMBER:S289          REVISED 12/30/11

TITLE OF BILL:
An act
to amend the tax law, in relation to eliminating taxes on alternative
energies

PURPOSE OR GENERAL IDEA OF BILL:
Eliminates taxes on alternative energies.

SUMMARY OF SPECIFIC PROVISIONS:
Section 1: Amends Tax Law section 1115(a) by adding a new
paragraph 44.  Provides that alternative
energies shall include those which do not rely on
petroleum or natural gas as their energy sources.

Section 2: Amends the Tax Law by adding a new section 289-g Provides
that any tax levied or imposed by this article shall not apply to
alternative energies.

Section 3. Effective Date

EXISTING LAW:
None.

JUSTIFICATION:
With gas prices and oil imports rising dramatically with each passing
year, our national security and prosperity requires that we chart a
fresh course based upon renewable, cleaner energies. Charting a
course towards renewable energy sources is clearly the way ahead in
the 21st century. By eliminating these taxes, we will be able to
increase incentives for renewable energy production in our state.
This measure will also mobilize the scientific community, promote
production of fuel efficient technologies, encourage investment in
more efficient factories and appliances, and expand the development
of alternative energy sources such as wind, solar, and biofuels. This
bill is a cornerstone of the concept that energy independence equals
homeland security.

PRIOR LEGISLATIVE HISTORY:
2011:     S.289 - Defeated in Energy and Telecommunications
2009-10:  S.3150 - Referred to Energy and Telecommunications/A.4731 -
          Held for Consideration in Ways and Means

FISCAL IMPLICATIONS:
To be determined.

EFFECTIVE DATE:
This act shall take effect immediately.

S289-2011 Text

 S T A T E   O F   N E W   Y O R K
 
 
                                          289
 2011-2012 Regular Sessions
 I N  SENATE
 (PREFILED)
 January 5, 2011
 
 Introduced  by  Sen.  DIAZ  --  read twice and ordered printed, and when
 printed to be committed to the Committee on  Energy  and  Telecommuni
 cations
 AN  ACT to amend the tax law, in relation to eliminating taxes on alter
 native energies
 THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM
 BLY, DO ENACT AS FOLLOWS:

 

Section  1.  Subdivision (a) of section 1115 of the tax law is amended
 by adding a new paragraph 44 to read as follows:

 (44) ALTERNATIVE ENERGIES FOR USE OR CONSUMPTION AS SET FORTH IN  THIS
 SUBDIVISION.  ALTERNATIVE ENERGIES SHALL INCLUDE THOSE WHICH DO NOT RELY
 ON PETROLEUM PRODUCTS OR NATURAL GAS AS THEIR ENERGY SOURCE.
 

S 2. The tax law is amended by adding a new section 289-g to  read  as
 follows:

 

S 289-G. ALTERNATIVE ENERGIES. ANY TAX LEVIED OR IMPOSED BY THIS ARTI
 CLE  SHALL NOT APPLY TO ALTERNATIVE ENERGIES. ALTERNATIVE ENERGIES SHALL
 INCLUDE THOSE WHICH DO NOT RELY ON PETROLEUM PRODUCTS OR NATURAL GAS  AS
 THEIR ENERGY SOURCE.
 

S 3. This act shall take effect immediately.
 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD02586-01-1

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