[Adopted 3-28-2019 by L.L. No. 3-2019]
Real Property Tax Law § 487 provides a real property
tax exemption for certain fuel-flexible linear generator electric
generating systems, defined therein as follows:
An integrated system consisting of oscillators, cylinders,
electricity conversion equipment and associated balance of plant components
that directly convert the linear motion of the oscillators into electricity
and which has a combined rated capacity of not more than 2,000 kilowatts.
An arrangement or combination of fuel-flexible linear generator
electric generating equipment designed to produce electrical energy
from linear motion created by the reaction of gaseous or liquid fuels,
including, but not limited to, biogas and natural gas.
No exemption under New York State Real Property Tax Law § 487
shall be applicable within the Town of Macedon with respect to any
fuel-flexible linear generator electric generating system constructed
subsequent to the effective date of this article.
A copy of this article shall be filed with the New York State
Commissioner of Taxation and Finance and with the President of the
New York State Energy Research and Development Authority, as required
under New York State Real Property Tax Law § 487, Subdivision
8(a).
This article shall go into effect immediately upon filing with
the Secretary of State.
