On Monday morning, New York State Assemblyman Fred W. Thiele, Jr. and New York State Senator Ken LaValle held a meeting at the Stony Brook Southampton campus to promote a new law they sponsored that provides tax incentives to builders and homeowners who construct energy efficient green buildings.
The new law authorizes a local government or school district by local law, ordinance, or resolution to provide a real property tax exemption for construction or improvements constructed after January 1,
2013 which meet LEED certification standards for green buildings.
The new law covers buildings constructed or improved for businesses as well as homeowners.
At Monday’s event, Thiele and LaValle unveiled a model local law or resolution all municipalities or school districts could adopt, with Suffolk County Legislators Ed Romaine and Jay Schneiderman committing to introduce a similar model local law before the Suffolk County Legislature.
Southampton Town Supervisor Anna Throne-Holst said she too would introduce the law to her board.
“New York has become pro-active in promoting efforts to reduce energy demands and greenhouse gas emissions by promoting energy efficiency in homes and businesses throughout the State,” said Thiele. “Significant measures have bean already been enacted in an effort to accomplish this goal such as on-bill financing, solar feed-in tariffs, and net metering. This legislation would provide another major incentive to promote energy efficiency and conservation. Not only will this legislation reduce energy demand, it will promote economic development by encouraging new construction that meets green building standards. This bill will make a real difference in encouraging green construction for both homes and businesses. These incentives will encourage the use of the highest level of energy design in new construction.”