NY Solar Program Extension Bill OK'd By State Senate Panel

Law360, New York (April 16, 2013, 2:48 PM EDT) -- A New York State Senate panel on Tuesday approved a Cuomo administration-backed bill to extend through 2023 a program that seeks to foster the growth of solar power use in the Empire State and gives tax credits to solar and energy storage manufacturing facilities.

The Senate Finance Committee approved the bill, sponsored by Lockport, N.Y., Republican George D. Maziarz, that would extend Gov. Andrew Cuomo's NY-Sun program for another decade and let major renewable energy investors realize as much as $25 million per year in tax...
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