assembly Bill A7771

2019-2020 Legislative Session

Relates to extending the time period for recovery of energy performance contract costs incurred by school districts

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Archive: Last Bill Status - In Assembly Committee


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

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2020 referred to education
May 20, 2019 referred to education

A7771 (ACTIVE) - Details

See Senate Version of this Bill:
S5099
Current Committee:
Assembly Education
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L
Versions Introduced in 2021-2022 Legislative Session:
A3446, S6307

A7771 (ACTIVE) - Summary

Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.

A7771 (ACTIVE) - Bill Text download pdf


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

                                  7771

                       2019-2020 Regular Sessions

                          I N  A S S E M B L Y

                              May 20, 2019
                               ___________

Introduced  by M. of A. GRIFFIN -- read once and referred to the Commit-
  tee on Education

AN ACT to amend the education law, in relation  to  extending  the  time
  period  for  guaranteed  recovery of energy performance contract costs
  from energy savings incurred by school districts

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

  Section  1. Subclause C of clause (i) of subparagraph 5 of paragraph i
of subdivision 6 of section 3602 of the education  law,  as  amended  by
section  1  of  part F of chapter 383 of the laws of 2001, is amended to
read as follows:
  C. The energy  performance  contractor  shall  guarantee  recovery  of
contract  costs  from  energy  savings  realized  by the school district
during the term of the energy  performance  contract,  which  shall  not
exceed [eighteen] TWENTY-FIVE years.
  § 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11119-01-9