Policy:

Coalition Letter: Support for a Standard Tax Assessment Model for Renewable Energy Projects

February 24, 2021

A coalition of 18 energy and environmental organizations wrote to Sen. Liz Krueger and Assemblywoman Helene Weinstein to offer support for the enactment of Part X of the Revenue Bill (S.2509/A.3009), and support for the changes in the Governor’s proposed 30-day amendments. This part amends the Real Property Tax Law (Sections 487 and 575-a) and General Municipal Law (Sections 852, 854, 858 and 859-a) to provide a win-win-win scenario through the establishment of a standardized methodology for real property tax assessment: It would help to facilitate New York’s nation- leading carbon reduction goals through the timely construction of solar and wind energy projects in NewYork State; promote economic development through the creation of thousands of high-paying construction jobs; and provide local governments with a needed appropriate and fair uniform revenue stream.