This article shall be entitled "A Local Law to Opt Out of the
Exemption from Taxation for Certain Energy Systems."
This article is enacted pursuant to § 487 of the New York State Real Property Tax Law, as most recently amended by Chapter
59 of the Session Laws of 2021.
Pursuant to Subdivision 8 of the said § 487 of the
New York State Real Property Tax Law, the Village of Green Island
by this article provides that no exemption under § 487 of
the Real Property Tax Law shall be applicable to real property in
the Village, including and with respect to solar or wind energy systems
constructed subsequent to the effective date of this article, nor
for any micro-hydroelectric energy system, fuel cell electric generating
system, micro-combined heat and power generating equipment system,
electric energy storage equipment or electric energy storage system,
or fuel-flexible linear generator electric generating system constructed
subsequent to the effective date of this article.
This article shall take effect immediately upon filing with
the Secretary of State and shall be applicable to all assessment rolls
prepared pursuant to the first taxable status date occurring on or
after the effective date of this article.