senate Bill S5099

2019-2020 Legislative Session

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

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Education 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
Apr 09, 2019 referred to education

S5099 (ACTIVE) - Details

See Assembly Version of this Bill:
A7771
Current Committee:
Senate Education
Law Section:
Education Law
Laws Affected:
Amd §3602, Ed L

S5099 (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.

S5099 (ACTIVE) - Sponsor Memo

S5099 (ACTIVE) - Bill Text download pdf


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

                                  5099

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                              April 9, 2019
                               ___________

Introduced  by Sen. MARTINEZ -- read twice and ordered printed, and when
  printed to be committed to the Committee 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

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