New York A10938: Provides a one-year utility bill tax and surcharge holiday and two-year green energy tax holiday

What the bill says

An act to amend the tax law and the state finance law, in relation to establishing a one-year utility bill tax and surcharge holiday; and to amend the tax law, in relation to establishing a two-year green energy tax holiday.

From the introduced text, April 14, 2026:

AN ACT to amend the tax law and the state finance law, in relation to establishing a one-year utility bill tax and surcharge holiday; and to amend the tax law, in relation to establishing a two-year green energy tax holiday THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. The tax law is amended by adding a new section 47-a to read as follows: § 47-A. UTILITY BILL TAX AND SURCHARGE HOLIDAY. (A) DEFINITIONS. FOR THE PURPOSES OF THIS SECTION, THE FOLLOWING TERMS HAVE THE FOLLOWING MEANINGS: (1) "APPLICABLE PERIOD" SHALL MEAN THE PERIOD BEGINNING FOURTEEN DAYS AFTER THE EFFECTIVE DATE OF THIS SECTION AND ENDING ONE YEAR AFTER SUCH BEGINNING DATE. (2) "UTILITY COMPANY" SHALL HAVE THE SAME MEANING AS SUCH TERM IS DEFINED IN SECTION TWO OF THE PUBLIC SERVICE LAW. (B) (1) EXEMPTION FROM TAXATION. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGULATION TO THE CONTRARY, THE FOLLOWING TAXES IMPOSED ON UTILITY CUSTOMERS DURING THE APPLICABLE PERIOD SHALL BE EXEMPT; GROSS RECEIPTS TAX AND SALES TAX. (2) EXEMPTION FROM SURCHARGES. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, RULE OR REGULATION TO THE CONTRARY, THE FOLLOWING SURCHARGES IMPOSED ON UTILITY CUSTOMERS MADE DURING THE APPLICABLE PERIOD SHALL BE EXEMPT; SYSTEM BENEFITS CHARGE, TEMPORARY STATE ASSESSMENT/INCREMENTAL STATE ASSESSMENT CHARGE …

Read the full official text

Sponsors

• Philip Palmesano (R, 132) · primary sponsor
• Robert Smullen (R, 118)
• Kenneth Blankenbush (R, 117)
• Paul Bologna (R, 144)
• Scott Gray (R, 116)
• Brian Manktelow (R, 130)

Latest actions

1. June 4, 2026: HELD FOR CONSIDERATION IN WAYS AND MEANS
2. April 14, 2026: REFERRED TO WAYS AND MEANS

Votes

• Assembly Ways And Means Committee: Held for Consideration (June 4, 2026): 22 yea, 10 nay, passed

Common questions

What is A10938?

A10938 is a bill in the New York Legislature (2025-2026 General Assembly): Provides a one-year utility bill tax and surcharge holiday and two-year green energy tax holiday.

What does A10938 do?

In its own words: An act to amend the tax law and the state finance law, in relation to establishing a one-year utility bill tax and surcharge holiday; and to amend the tax law, in relation to establishing a two-year green energy tax holiday.

What is the status of A10938?

In committee as of April 14, 2026. Latest action: HELD FOR CONSIDERATION IN WAYS AND MEANS (June 4, 2026).

Who sponsored A10938?

Philip Palmesano (R, 132), with 5 co-sponsors.

Where is the official record for A10938?

On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/A10938