senate Bill S5990A

Signed By Governor
2017-2018 Legislative Session

Relates to funding the sustainable energy loan program and disbursements therefrom

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Archive: Last Bill Status - Signed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed by Governor

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Actions

view actions (14)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 13, 2017 signed chap.320
Sep 01, 2017 delivered to governor
Jun 19, 2017 returned to senate
passed assembly
ordered to third reading rules cal.400
substituted for a7394a
Jun 13, 2017 referred to ways and means
delivered to assembly
passed senate
Jun 06, 2017 advanced to third reading
Jun 05, 2017 2nd report cal.
amended 5990a
May 24, 2017 1st report cal.1353
May 09, 2017 referred to energy and telecommunications

S5990 - Details

See Assembly Version of this Bill:
A7394
Law Section:
General Municipal Law
Laws Affected:
Amd §§119-ff & 199-gg, Gen Muni L

S5990 - Summary

Permits private funding of the sustainable energy loan program and authorizes the municipal corporation to impose requirements on disbursements therefrom.

S5990 - Sponsor Memo

S5990 - Bill Text download pdf


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

                                  5990

                       2017-2018 Regular Sessions

                            I N  S E N A T E

                               May 9, 2017
                               ___________

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

AN  ACT to amend the general municipal law, in relation to the municipal
  sustainable energy loan program

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

  Section  1.  Subdivision  6 of section 119-ff of the general municipal
law, as added by chapter 497 of the laws of 2009, is amended to read  as
follows:
  6. "Renewable energy system" means an energy generating system for the
generation  of electric or thermal energy, [to be used primarily at such
property,] by means of solar thermal, solar photovoltaic, wind, geother-
mal, anaerobic digester gas-to-electricity systems, fuel cell  technolo-
gies, or other renewable energy technology approved by the authority not
including the combustion or pyrolysis of solid waste.
  §  2.  Subdivisions 1 and 6 of section 119-gg of the general municipal
law, as added by chapter 497 of the laws of 2009, are amended to read as
follows:
  1. The legislative body of any municipal  corporation  may,  by  local
law,  establish  a  sustainable  energy loan program using federal grant
assistance or federal credit support OR MONIES AVAILABLE FROM ANY PUBLIC
OR PRIVATE SOURCE available for this purpose.
  6. [The] A. FOR LOANS MADE TO AN OWNER OF  REAL  PROPERTY  THAT  IS  A
COMMERCIAL  ENTITY, NOT-FOR-PROFIT ORGANIZATION, OR ENTITY OTHER THAN AN
INDIVIDUAL, THE MUNICIPAL CORPORATION SHALL HAVE THE AUTHORITY TO IMPOSE
REQUIREMENTS ON THE MAXIMUM AMOUNT THAT MAY  BE  BORROWED  THROUGH  SUCH
LOAN,  WHICH MAY CONSIDER FACTORS INCLUDING BUT NOT LIMITED TO THE PROP-
ERTY VALUE, PROJECTED SAVINGS, PROJECT COST, AND  EXISTING  INDEBTEDNESS
SECURED BY SUCH PROPERTY.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11056-01-7

S5990A (ACTIVE) - Details

See Assembly Version of this Bill:
A7394
Law Section:
General Municipal Law
Laws Affected:
Amd §§119-ff & 199-gg, Gen Muni L

S5990A (ACTIVE) - Summary

Permits private funding of the sustainable energy loan program and authorizes the municipal corporation to impose requirements on disbursements therefrom.

S5990A (ACTIVE) - Sponsor Memo

S5990A (ACTIVE) - Bill Text download pdf


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

                                 5990--A
    Cal. No. 1353

                       2017-2018 Regular Sessions

                            I N  S E N A T E

                               May 9, 2017
                               ___________

Introduced  by  Sen.  GRIFFO -- read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations  --  reported  favorably from said committee, ordered to first
  report, amended on first  report,  ordered  to  a  second  report  and
  ordered reprinted, retaining its place in the order of second report

AN  ACT to amend the general municipal law, in relation to the municipal
  sustainable energy loan program

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

  Section  1.  Subdivision  6 of section 119-ff of the general municipal
law, as added by chapter 497 of the laws of 2009, is amended to read  as
follows:
  6. "Renewable energy system" means an energy generating system for the
generation  of  electric or thermal energy, to be used primarily at such
property, EXCEPT WHEN THE OWNER OF REAL PROPERTY IS A COMMERCIAL ENTITY,
by means of solar thermal, solar photovoltaic, wind, geothermal, anaero-
bic digester gas-to-electricity  systems,  fuel  cell  technologies,  or
other  renewable energy technology approved by the authority not includ-
ing the combustion or pyrolysis of solid waste.
  § 2. Subdivisions 1 and 6 of section 119-gg of the  general  municipal
law, as added by chapter 497 of the laws of 2009, are amended to read as
follows:
  1.  The  legislative  body  of any municipal corporation may, by local
law, establish a sustainable energy loan  program  using  federal  grant
assistance  or  federal  credit  support OR MONIES FROM THE STATE OF NEW
YORK OR ANY STATE AUTHORITY AS DEFINED BY  SECTION  TWO  OF  THE  PUBLIC
AUTHORITIES LAW available for this purpose.
  6.  [The]  A.  FOR  LOANS  MADE TO AN OWNER OF REAL PROPERTY THAT IS A
COMMERCIAL ENTITY, NOT-FOR-PROFIT ORGANIZATION, OR ENTITY OTHER THAN  AN
INDIVIDUAL, THE MUNICIPAL CORPORATION SHALL HAVE THE AUTHORITY TO IMPOSE
REQUIREMENTS  ON  THE  MAXIMUM  AMOUNT THAT MAY BE BORROWED THROUGH SUCH

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets

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