New York S 4126: Provides a period of probable usefulness for solar arrays and panels

Status: REFERRED TO LOCAL GOVERNMENT (as of 2026-01-07)

State: New York · Session: 2025-2026 · Bill: S 4126

Sponsors: Pete Harckham, James Sanders Jr.

Bill Text

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S04126 Summary:

BILL NOS04126 

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SAME ASSAME AS A07640

&nbsp

SPONSORHARCKHAM

&nbsp

COSPNSRSANDERS

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MLTSPNSR

&nbsp

Amd §11.00, Loc Fin L

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Provides a period of probable usefulness for the acquisition, construction or reconstruction of or addition to a solar array or solar panel system, whether or not including buildings, land or rights in land, original furnishings, equipment, machinery or apparatus, or the replacement of such equipment, machinery or apparatus.

Go to top S04126 Actions:

BILL NOS04126 

&nbsp

02/03/2025REFERRED TO LOCAL GOVERNMENT

01/07/2026REFERRED TO LOCAL GOVERNMENT

Go to topS04126 Committee&nbspVotes:

Go to topS04126 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS04126 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 4126

 2025-2026 Regular Sessions

 IN SENATE

 February 3, 2025
 ___________

 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 local finance law, in relation to providing a period
 of probable usefulness for solar arrays and panels

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraph a of section 11.00 of the local finance law is
 2 amended by adding a new subdivision 111 to read as follows:
 3 111. Solar arrays and panels. The acquisition, construction or recon-
 4 struction of or addition to a solar array or solar panel system, whether
 5 or not including buildings, land or rights in land, original
 6 furnishings, equipment, machinery or apparatus, or the replacement of
 7 such equipment, machinery or apparatus, twenty-five years.
 8 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08563-01-5

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