New York A 8332: Relates to the assessment of solar or wind energy systems

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 - This bill is not active in this session.

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
A08332 Summary:

BILL NOA08332 

&nbsp

SAME ASSAME AS S08012

&nbsp

SPONSORLasher

&nbsp

COSPNSRDe Los Santos, Stern, Romero, Hevesi, Rosenthal, Otis, Schiavoni, Simone, Seawright, Rajkumar,
 Carroll R, Shrestha, Paulin, Bendett, Slater, Levenberg, Gibbs, Simon, Santabarbara

&nbsp

MLTSPNSR

&nbsp

Amd §575-b, RPT L

&nbsp

Relates to additional considerations regarding the assessment of solar or wind energy systems through a discounted cash flow approach.

Go to top A08332 Actions:

BILL NOA08332 

&nbsp

05/13/2025referred to real property taxation

05/20/2025reported referred to ways and means

05/27/2025reported referred to rules

06/06/2025reported 

06/06/2025rules report cal.467

06/06/2025ordered to third reading rules cal.467

06/16/2025substituted by s8012

&nbspS08012 AMEND= HARCKHAM

&nbsp05/15/2025REFERRED TO LOCAL GOVERNMENT

&nbsp06/10/2025COMMITTEE DISCHARGED AND COMMITTED TO RULES

&nbsp06/10/2025ORDERED TO THIRD READING CAL.1779

&nbsp06/10/2025PASSED SENATE

&nbsp06/10/2025DELIVERED TO ASSEMBLY

&nbsp06/10/2025referred to ways and means

&nbsp06/16/2025substituted for a8332

&nbsp06/16/2025ordered to third reading rules cal.467

&nbsp06/16/2025passed assembly

&nbsp06/16/2025returned to senate

&nbsp12/01/2025DELIVERED TO GOVERNOR

&nbsp12/03/2025SIGNED CHAP.575

Go to topA08332 Committee&nbspVotes:

Committee:REAL PROPERTY TAXATION Chair:Williams 
DATE:05/20/2025AYE/NAY:7/3 Action: Favorable refer to committee Ways and Means WilliamsAyeBaileyNay

EichensteinAyeMillerNay

LunsfordAyeTagueNay

AlvarezAye

BurroughsAye

JacksonAye

RomeroAye

Committee:WAYS AND MEANS Chair:Pretlow 
DATE:05/27/2025AYE/NAY:22/10 Action: Favorable refer to committee Rules PretlowAyeRaNay

GlickAyeFitzpatrickNay

ColtonAyeHawleyNay

CookAyeBlankenbushNay

BenedettoAyePalmesanoNay

WeprinAyeWalshNay

RamosAyeDeStefanoNay

BraunsteinAyeManktelowNay

McDonaldAyeSmullenNay

RozicAyeGiglioNay

DinowitzAye

MagnarelliAye

BronsonAye

DilanAbsent

SeawrightAye

HyndmanExcused

WalkerExcused

Bichotte HermelAye

SimonAye

CruzAye

OtisAye

SolagesAye

HunterAye

EpsteinAye

SeptimoAye

Committee:RULES Chair:Pretlow 
DATE:06/06/2025AYE/NAY:19/8 Action: Favorable HeastieExcusedBarclayNay

PretlowAyeHawleyNay

CookAyeBlankenbushNay

GlickExcusedRaNay

DinowitzAyeBrabenecNay

ColtonAyePalmesanoNay

MagnarelliExcusedReillyNay

PaulinAyeSmithExcused

Peoples-StokesAyeJensenNay

BenedettoAye

LavineAye

LupardoAye

BraunsteinAye

DavilaAye

HyndmanAye

RozicAye

BronsonAye

HevesiAye

HunterAye

TaylorAye

CruzAye

VanelAye

Go to topA08332 Floor&nbspVotes:

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

Go to topA08332 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8332

 2025-2026 Regular Sessions

 IN ASSEMBLY

 May 13, 2025
 ___________

 Introduced by M. of A. LASHER -- read once and referred to the Committee
 on Real Property Taxation

 AN ACT to amend the real property tax law, in relation to the assessment
 of solar or wind energy systems

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

 1 Section 1. Paragraph (c) of subdivision 1 of section 575-b of the real
 2 property tax law, as added by section 3 of part X of chapter 59 of the
 3 laws of 2021, is amended and two new paragraphs (d) and (e) are added to
 4 read as follows:
 5 (c) In the formulation of such a model and discount rate, the New York
 6 state department of taxation and finance shall consult with the New York
 7 State Assessors Association. Provided, further, in the formulation of
 8 such a model and discount rate, the New York state department of taxa-
 9 tion and finance shall be authorized to take into account economic and
 10 cost characteristics of such solar and wind energy systems located in
 11 different geographic regions of the state and consider regionalized
 12 market pressures in the formulation of the appraisal model and discount
 13 rate required under this section[.]; and
 14 (d) Host community benefit payments made pursuant to part JJJ of chap-
 15 ter fifty-eight of the laws of two thousand twenty, expenses associated
 16 with decommissioning of solar and wind energy systems, and community
 17 solar subscriber managem