County of Albany - File #: 23-LL-A

• File #: 23-LL-A
• Version: 1
• Type: Resolution
• Status: Referred
• File created: 1/3/2023
• In control: Pending County Executive Review
• Final action: 2/13/2023
• Title: LOCAL LAW NO. “A” FOR 2023: A LOCAL LAW OF THE COUNTY OF ALBANY ENACTING SECTION 470 OF THE REAL PROPERTY TAX LAW – PROVIDING FOR AN EXEMPTION FROM COUNTY TAXES FOR UP TO 10 YEARS FOR THE CONSTRUCTION OF BUILDINGS MEETING LEED STANDARDS
• Sponsors: Dustin M. Reidy, William Reinhardt, Andrew Joyce, Dennis A. Feeney, Robert J. Beston, William M. Clay, Mickey Cleary, Beroro T. Efekoro, Samuel I. Fein, Jeffrey D. Kuhn, Lynne Lekakis, Carolyn McLaughlin, Matthew J. Miller, Victoria Plotsky, Bill L. Ricard, Sean E. Ward, Wanda F. Willingham, Paul J. Burgdorf, Zach Collins, Frank J. Commisso, Joanne Cunningham, Todd A. Drake, Gilbert F. Ethier, Mark E. Grimm, Raymond F. Joyce, Patrice Lockart, Frank A. Mauriello, Alison McLean Lane, Jeff S. Perlee, Merton D. Simpson, Christopher H. Smith, Peter B. Tunny, Jennifer A. Whalen

Date	Ver.	Action By	Action	Result
2/13/2023	1	County Legislature
2/13/2023	1	County Legislature
2/13/2023	1	Conservation, Sustainability and Green Initiatives Committee
1/31/2023	1	Law Committee
1/24/2023	1	Conservation, Sustainability and Green Initiatives Committee
1/9/2023	1	County Legislature
1/9/2023	1	County Legislature

LOCAL LAW NO. "A" FOR 2023

A LOCAL LAW OF THE COUNTY OF ALBANY ENACTING SECTION 470 OF THE REAL PROPERTY TAX LAW - PROVIDING FOR AN EXEMPTION FROM COUNTY TAXES FOR UP TO 10 YEARS FOR THE CONSTRUCTION OF BUILDINGS MEETING LEED STANDARDS

Introduced: 1/9/23
By Reidy, Reinhardt, A. Joyce, Feeney, Beston, Clay, Cleary, Efekoro, Fein, Kuhn, Lekakis, McLaughlin, Miller, Plotsky, Ricard, Ward and Willingham:

BE IT ENACTED BY THE LEGISLATURE OF THE COUNTY OF ALBANY AS FOLLOWS:

Section 1. Title
This Local Law shall be known as "Exemption for LEED Certification."

Section 2. Legislative Intent
It is the intent of this Local Law to provide an exemption from county real property taxes for newly constructed or the renovated portion of buildings that achieve LEED certification.
The County of Albany continues its dedication and commitment to enacting policies and legislation which support increased sustainability and energy conservation.
This Legislature hereby finds and determines that incentivizing the construction of new buildings and the renovation of existing buildings according to LEED standards is a continuation of that commitment and dedication to sustainability and energy conservation.

Section 3. Purpose
The purpose of this Local Law is to encourage and incentivize the new construction and renovation of buildings that meet LEED standards in order to promote sustainability and energy conservation throughout the County of Albany.

Section 4. Exemption from Taxation
An exemption shall be granted from County tax purposes based upon the scale below for projects that achieve LEED certification according to the standards in effect at the time of completion of construction or renovation. Additionally, the maximum (taxable) value to be abated shall be capped at $1,000,000.

PERCENTAGE OF EXEMPTION
Year of Exemption
Certified/Silver
Gold
Platinum|10
10|100%
100%
100%|1010|100%
100%
100%|1010|100%
100%
100%|1010|80%
100%
100%|1010|60%
80%
...