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Senate bill · S2470 (2025-26)

Provides for a tax abatement for electric energy storage equipment

Latest action May 18, 2026

New York State Senate

Same as A6198, the matching bill in the Assembly.

Sponsor

Kevin S. Parker

State Senator, District 21 · Democratic/Working Families

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Summary

Provides for a tax abatement for electric energy storage equipment placed in service after January 1, 2027 and before January 1, 2029.

Summary from NY Open Legislation. How we handle summaries

Amends the Real Property Tax Law.

From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 31, 2026. About our data

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Where it stands

Passed one of the two chambers; it still needs the other.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Cities 1 · New York State Senate

Also referred to Real Property Taxation · New York State Assembly.

Recorded votes

  • Vote: Floor vote

    NY SenateMay 18, 2026Result: passed

    (45) (15) (0) (3)
  • Vote: Committee vote · Finance

    Senate FinanceMay 12, 2026Result: passed

    (18) (2) (0) (2)
  • Vote: Committee vote · Cities 1

    Senate Cities 1Feb 3, 2026Result: passed

    (6) (1) (0) (0)
  • Vote: Floor vote

    NY SenateMay 28, 2025Result: passed

    (47) (14) (0) (2)
  • Vote: Committee vote · Cities 1

    Senate Cities 1Apr 8, 2025Result: passed

    (5) (2) (0) (0)

Full history

  1. May 18, 2026

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  2. May 18, 2026

    Passed a chamber

    PASSED SENATE

    NY Senate

  3. May 18, 2026

    Referred to committee

    REFERRED TO REAL PROPERTY TAXATION

    NY Assembly

  4. May 14, 2026

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  5. May 13, 2026

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

Show full history (13 earlier events)
  1. May 12, 2026

    1ST Report CAL.1047

    1ST REPORT CAL.1047

    NY Senate

  2. Feb 3, 2026

    Reported out of committee

    REPORTED AND COMMITTED TO FINANCE

    NY Senate

  3. Jan 7, 2026

    Died in Assembly

    DIED IN ASSEMBLY

    NY Assembly

  4. Jan 7, 2026

    Referred to committee

    REFERRED TO CITIES 1

    NY Senate

  5. Jan 7, 2026

    Referred to committee

    REFERRED TO REAL PROPERTY TAXATION

    NY Assembly

  6. May 28, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  7. May 28, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  8. May 28, 2025

    Referred to committee

    REFERRED TO REAL PROPERTY TAXATION

    NY Assembly

  9. Apr 10, 2025

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  10. Apr 9, 2025

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  11. Apr 8, 2025

    1ST Report CAL.653

    1ST REPORT CAL.653

    NY Senate

  12. Feb 27, 2025

    Referred to committee

    REFERRED TO REAL PROPERTY TAXATION

    NY Assembly

  13. Jan 21, 2025

    Referred to committee

    REFERRED TO CITIES 1

    NY Senate