[Adopted 11-19-2020 by L.L. No. 2-2020]
This article shall hereafter be known as the "Town of Schroeppel Solar, Wind and Farm Waste Energy Systems Real Property Tax Exemption Opting-Out Law of 2020."
Pursuant to Real Property Tax Law ("RPTL") § 487, the Town Board of the Town of Schroeppel ("Town Board") hereby declares its intention to opt out of solar, wind and farm energy systems real property tax exemptions provided for under RPTL § 487. This article is enacted to extend the eligibility for those certain real property tax exemptions available to solar, wind and farm energy systems to include microhydroelectric energy systems, fuel-cell electric generating systems, microcombined heat and power generating equipment systems, and electric energy storage equipment and systems.
This article is enacted pursuant to Subdivision 8 of § 487 of the Real Property Tax Law of the State of New York [as amended and effective January 1, 2019, as well as the Municipal Home Rule Law ("MHRL")], with the procedural provisions of the MHRL controlling.
The Town Board of the Town of Schroeppel shall not permit any exemption within its jurisdiction pursuant to § 487 of the Real Property Tax Law of the State of New York with respect to any solar, wind or farm waste energy systems and microhydroelectric energy systems, fuel-cell electric generating systems, microcombined heat and power generating equipment systems, and electric energy storage equipment and systems, constructed subsequent to the effective date of the article.