A 10398

This bill amends New York's real property tax law to classify spent nuclear fuel storage facilities—specifically spent fuel pools and dry cask storage systems—as taxable real property after a nuclear power plant has permanently ceased operations. By explicitly including these storage systems in the definition of real property and making them assessable for tax purposes, the bill ensures that communities hosting decommissioned nuclear facilities can collect property taxes on the infrastructure used to store radioactive waste awaiting final disposal. This change would provide local governments with a new source of tax revenue from nuclear waste storage facilities that remain on-site long after power generation has ended.