S T A T E O F N E W Y O R K
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5472
2015-2016 Regular Sessions
I N A S S E M B L Y
February 24, 2015
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Introduced by M. of A. FARRELL -- read once and referred to the Commit-
tee on Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to creating an
electric vehicle rebate program
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. The public authorities law is amended by adding a new
section 1884 to read as follows:
S 1884. ELECTRIC VEHICLE REBATE PROGRAM. 1. THERE IS HEREBY CREATED
WITHIN THE AUTHORITY AN ELECTRIC VEHICLE REBATE PROGRAM. THE PURPOSE OF
THE PROGRAM SHALL BE TO PROMOTE CLEAN TECHNOLOGY VEHICLES THAT CREATE
ENVIRONMENTAL BENEFITS AND CONTRIBUTE TO THE ECONOMIC GROWTH OF THE
STATE.
2. FOR PURPOSES OF THIS SECTION:
(A) "ELIGIBLE PURCHASE" MEANS AND INCLUDES PURCHASE TO OWN OR A LEASE
OF NOT LESS THAN THIRTY-SIX MONTHS OF AN ELIGIBLE VEHICLE PLACED INTO
SERVICE ON OR AFTER THE EFFECTIVE DATE OF THIS SECTION; AND
(B) "ELIGIBLE VEHICLE" MEANS AND INCLUDES:
(I) A NEW LIGHT-DUTY MOTOR VEHICLE POWERED BY ELECTRIC DRIVE THAT:
(A) HAS FOUR WHEELS;
(B) WAS MANUFACTURED FOR USE PRIMARILY ON PUBLIC STREETS, ROADS AND
HIGHWAYS;
(C) THE POWERTRAIN HAS NOT BEEN MODIFIED FROM THE ORIGINAL MANUFACTUR-
ER'S SPECIFICATIONS;
(D) IS RATED AT NOT MORE THAN EIGHT THOUSAND FIVE HUNDRED POUNDS
UNLOADED VEHICLE WEIGHT;
(E) HAS A MAXIMUM SPEED CAPABILITY OF AT LEAST FIFTY-FIVE MILES PER
HOUR; AND
(F) IS PROPELLED TO A SIGNIFICANT EXTENT BY AN ELECTRIC MOTOR THAT
DRAWS ELECTRICITY FROM A BATTERY THAT:
(I) HAS A CAPACITY OF NOT LESS THAN FOUR KILOWATT HOURS; AND
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD07966-01-5
A. 5472 2
(II) IS CAPABLE OF BEING RECHARGED FROM AN EXTERNAL SOURCE OF ELEC-
TRICITY.
3. THE AUTHORITY SHALL AWARD REBATES FOR ELIGIBLE VEHICLES IN AMOUNTS
AS DETERMINED BY THIS SECTION. AN APPLICANT IS ELIGIBLE TO RECEIVE A
MAXIMUM OF ONE REBATE PER YEAR.
4. THE AUTHORITY SHALL DETERMINE THE REBATE ELIGIBILITY OF EACH APPLI-
CANT IN ACCORDANCE WITH THE REQUIREMENTS OF THIS SECTION AND RULES
PROMULGATED BY THE AUTHORITY. THE TOTAL AMOUNT OF REBATES ALLOCATED TO
CERTIFIED APPLICANTS IN EACH FISCAL YEAR SHALL NOT EXCEED THE AMOUNT OF
FUNDS AVAILABLE FOR THE PROGRAM IN THE FISCAL YEAR. REBATES SHALL BE
ALLOCATED TO APPLICANTS ON A FIRST-COME, FIRST-SERVED BASIS, DETERMINED
BY THE DATE THE APPLICATION IS RECEIVED, UNTIL ALL APPROPRIATED FUNDS
FOR THE FISCAL YEAR ARE EXPENDED OR THE PROGRAM ENDS, WHICHEVER COMES
FIRST. THE AUTHORITY SHALL HAVE AUTHORITY TO REDUCE ELIGIBLE VEHICLE
REBATE AMOUNTS FROM THE AMOUNTS SPECIFIED IN SUBDIVISION SEVEN OF THIS
SECTION. SUCH REDUCTION SHALL OCCUR ONLY IF THE AUTHORITY FORECASTS
FUNDS WOULD BE EXHAUSTED PRIOR TO THE END OF A FISCAL YEAR.
5. THE AUTHORITY SHALL PROMULGATE RULES TO IMPLEMENT AND ADMINISTER
THIS SECTION BY OCTOBER FIFTEENTH, TWO THOUSAND FIFTEEN, INCLUDING RULES
RELATING TO THE FORMS REQUIRED TO CLAIM A REBATE UNDER THIS SECTION, THE
REQUIRED DOCUMENTATION AND BASIS FOR ESTABLISHING ELIGIBILITY FOR A
REBATE, PROCEDURES AND GUIDELINES FOR CLAIMING A REBATE, AND THE
COLLECTION OF ECONOMIC IMPACT DATA FROM APPLICANTS.
6. THE AUTHORITY SHALL DETERMINE AND PUBLISH ON ITS WEBSITE ON AN
ONGOING BASIS THE AMOUNT OF AVAILABLE FUNDING FOR REBATES REMAINING IN
EACH FISCAL YEAR.
7. (A) THE PURCHASER OR LESSEE OF AN ELIGIBLE VEHICLE MAY BE ELIGIBLE
FOR ONLY ONE OF THE REBATES SPECIFIED IN THIS PARAGRAPH:
(I) A PERSON WHO PURCHASES OR LEASES A NEW LIGHT-DUTY MOTOR VEHICLE
ELIGIBLE VEHICLE MAY RECEIVE UP TO A TWO THOUSAND FIVE HUNDRED DOLLAR
REBATE IF THE BATTERY CAPACITY OF THE ELIGIBLE VEHICLE IS TEN KILOWATT
HOURS OR GREATER; OR
(II) A PERSON WHO PURCHASES OR LEASES A NEW LIGHT-DUTY MOTOR VEHICLE
ELIGIBLE VEHICLE MAY RECEIVE UP TO A ONE THOUSAND FIVE HUNDRED DOLLAR
REBATE IF THE BATTERY CAPACITY IS FOUR KILOWATT HOURS OR GREATER, BUT
LESS THAN TEN KILOWATT HOURS.
(B) INCENTIVES SHALL BE APPLIED FOR USING THE FORMS DEVELOPED AND
PROVIDED BY THE AUTHORITY AND SHALL INCLUDE THE VERIFICATION OF PURCHASE
OR LEASE BY THE DEALER.
S 2. This act shall take effect immediately.