Senate Bill S5413

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5413

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              May 14, 2015
                               ___________

Introduced  by  Sen.  COMRIE -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations

AN  ACT  to  amend  the public authorities law, in relation to the green
  jobs-green New York revolving loan fund

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subparagraph  (iv)  of  paragraph (c) of subdivision 1 of
section 1896 of the public authorities law, as amended by chapter 388 of
the laws of 2011, is amended to read as follows:
  (iv) establish standards for customer participation  in  such  on-bill
recovery  mechanism,  including  standards  for  reliable  utility  bill
payment, current good standing on any  mortgage  obligations,  and  such
additional  standards as the authority deems necessary; provided that in
order to provide broad access to on-bill recovery, the authority  shall,
to  the  fullest  extent  practicable,  consider alternative measures of
creditworthiness that are prudent in order to include  participation  by
customers  who  are less likely to have access to traditional sources of
financing. STANDARDS FOR CUSTOMER PARTICIPATION MAY NOT HOWEVER  INCLUDE
A  DETERMINATION OF A CUSTOMER'S CREDITWORTHINESS BUT SHOULD BE BASED ON
THE CUSTOMER'S PAST UTILITY BILL PAYMENT HISTORY;
  S 2. Subdivisions 3 and 4 of section 1893 of  the  public  authorities
law,  as added by chapter 487 of the laws of 2009, are amended and a new
subdivision 5 is added to read as follows:
  3. enter into contracts with  one  or  more  program  implementers  to
perform such functions as the authority deems appropriate; [and]
  4. exercise such other powers as are necessary for the proper adminis-
tration of the program[.]; AND
  5.  DISTRIBUTE  THE  FUNDS SO THAT THIRTY-TWO PERCENT OF THE FUNDS ARE
ALLOCATED TO NEW YORK CITY AND SIXTY-TWO PERCENT  TO  THE  REST  OF  THE
STATE.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10998-02-5
              

S. 5413                             2

  S  3. The commissioner of the department of environmental conservation
shall provide for the deposit of  one  hundred  thirty  million  dollars
($130,000,000)  from  revenues  collected  under direct oversight by the
department of environmental conservation, from the auction of any  emis-
sions  allowances  for air contaminants to the green jobs-green New York
revolving loan fund, established pursuant to section 1896 of the  public
authorities law. Fifty million dollars shall be allocated for use within
New  York city and eighty million dollars shall be allocated outside the
city of New York.
  S 4. This act shall take effect immediately.