Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 21, 2022 |
referred to energy delivered to assembly passed senate |
Feb 17, 2022 |
advanced to third reading |
Feb 16, 2022 |
2nd report cal. |
Feb 15, 2022 |
1st report cal.522 |
Jan 05, 2022 |
referred to energy and telecommunications returned to senate died in assembly |
May 26, 2021 |
referred to energy delivered to assembly passed senate |
May 24, 2021 |
advanced to third reading |
May 20, 2021 |
2nd report cal. |
May 19, 2021 |
1st report cal.1180 |
May 10, 2021 |
referred to energy and telecommunications |
Senate Bill S6612
2021-2022 Legislative Session
Sponsored By
(D, WF) 21st Senate District
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
co-Sponsors
(D) 15th Senate District
2021-S6612 (ACTIVE) - Details
- Current Committee:
- Assembly Energy
- Law Section:
- Appropriations
- Laws Affected:
- Amd §1896, Pub Auth L; amd §66-m, Pub Serv L; amd §242, RP L
- Versions Introduced in 2019-2020 Legislative Session:
-
S6331
2021-S6612 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6612 SPONSOR: PARKER TITLE OF BILL: An act to amend the public authorities law, the public service law and the real property law, in relation to the green jobs-green New York on-bill energy efficiency payment program PURPOSE OF THE BILL: This legislation would amend section 1896 of Public Authorities Law, section 66-m of Public Service Law and section 242 of the Real Property Law to allow a revised On-Bill Recovery (OBR) loan transferability proc- ess. This proposal would allow that upon sale or transfer of a property subject to an existing OBR loan, the original borrower(s) may obtain express written voluntary acceptance by the purchaser/transferee of a property to accept the remaining charges on the 0I3R loan in accordance with the OBR loan agreement. Unless having received and submitted signed acceptance for the remaining charges from the purchaser/transferee in accordance with the OBR loan agreement, the original borrower shall be responsible for continuing to make direct loan payments to NYSERDA's loan servicer. As a result of this change, the recordation of the loan
2021-S6612 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6612 2021-2022 Regular Sessions I N S E N A T E May 10, 2021 ___________ Introduced by Sen. PARKER -- (at request of the Energy Research Develop- ment Authority) -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications AN ACT to amend the public authorities law, the public service law and the real property law, in relation to the green jobs-green New York on-bill energy efficiency payment program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 5 of section 1896 of the public authorities law, as added by section 1 of part DD of chapter 58 of the laws of 2012, is amended to read as follows: (a) For each loan issued for qualified energy efficiency services that is to be repaid through an on-bill recovery mechanism[, the New York state energy research and development authority shall record, pursuant to article nine of the real property law, in the office of the appropri- ate recording officer, a declaration with respect to the property improved by such services of the existence of the loan and stating the total amount of the loan, the term of the loan, and that the loan is being repaid] through a charge on an electric or gas meter associated with the property, THE ON-BILL RECOVERY LOAN AGREEMENT SHALL ALLOW FOR THE PURCHASER OR TRANSFEREE TO AGREE THROUGH WRITTEN EXPRESS ASSUMPTION PROVIDED IN ACCORDANCE WITH THE TERMS OF THE ON-BILL RECOVERY LOAN THAT HE OR SHE IS RESPONSIBLE FOR FUTURE ON-BILL RECOVERY CHARGES, AND IN THE ABSENCE OF SUCH WRITTEN EXPRESS ASSUMPTION, THE ORIGINAL SELLER, TRANSFEROR, OR CURRENT LOAN HOLDER OF THE SUBJECT PROPERTY SHALL CONTIN- UE TO BE RESPONSIBLE FOR PAYMENT OF SUCH REMAINING CHARGES THROUGH DIRECT BILLING AND PAYMENT TO THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY, OR ITS AGENT. [The declaration shall further state that it is being filed pursuant to this section and, unless fully satisfied prior to sale or transfer of the property, the loan repayment utility meter charge shall survive changes in ownership, tenancy, or EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
Comments
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.