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S 7389 New York Senate · 2025 Regular Session

Requires a percentage of profits to be paid to a taxing jurisdiction or land owner under certain agreements for the installation and use of solar or wind energy equipment

Summary
Requires 12.5% of profits generated from a solar or wind energy system to be paid to a taxing jurisdiction or land owner under certain agreements for the installation and use of such solar or wind energy system, in addition to other PILOT or other payments required under such agreement.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill mandates 12.5% of solar/wind profits to taxing jurisdictions (government), creating new public revenue for budgets. This directly strengthens fiscal management by increasing government income.90% confidence ✓ EnergySupports EnergyMandates 12.5% profit sharing for solar/wind projects, incentivizing landowner/jurisdiction participation and promoting renewable energy deployment.85% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Apr 2025
Committee Review
Floor Vote
Governor
Introduced Apr 14, 2025 Last action Jan 7, 2026
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 7, 2026
Committee
REFERRED TO LOCAL GOVERNMENT
upper
Apr 14, 2025
Committee
REFERRED TO LOCAL GOVERNMENT
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Mark Walczyk
Mark Walczyk
RRepublican/Conservative
NY
49