senate Bill S2721

2021-2022 Legislative Session

Requires the governor's tax expenditure reporting to include an enumeration of all fossil fuel related tax expenditures

download bill text pdf

Sponsored By

Current Bill Status - Stricken


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

Your Voice

do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 19, 2021 recommit, enacting clause stricken
Jan 22, 2021 referred to budget and revenue

Co-Sponsors

view additional co-sponsors

S2721 (ACTIVE) - Details

See Assembly Version of this Bill:
A225
Current Committee:
Law Section:
Executive Law
Laws Affected:
Amd §181, Exec L
Versions Introduced in Other Legislative Sessions:
2017-2018: S6881, A8675
2019-2020: S2649, A257

S2721 (ACTIVE) - Summary

Requires the governor's tax expenditure reporting to include an enumeration of all fossil fuel related tax expenditures; imposes a 5 year expiration upon any fossil fuel related tax expenditures enacted.

S2721 (ACTIVE) - Sponsor Memo

S2721 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2721
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 22, 2021
                                ___________
 
 Introduced by Sens. KRUEGER, BIAGGI, BROOKS, GOUNARDES, HOYLMAN, KAPLAN,
   LIU,  MAY,  MYRIE,  RIVERA, SALAZAR, SERRANO -- read twice and ordered
   printed, and when printed to be committed to the Committee  on  Budget
   and Revenue
 
 AN  ACT  to  amend the executive law, in relation to requiring an annual
   report of all fossil fuel related tax expenditures; and to provide for
   the expiration of fossil fuel related tax expenditures
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Legislative  findings.  The  legislature hereby finds and
 declares that the use of fossil fuels result  in  greenhouse  gas  emis-
 sions.  The  state  has  a  goal of reducing greenhouse gas emissions by
 eighty percent below 1990 levels  by  2050  to  combat  climate  change.
 Therefore,  the  state has an interest in reducing tax expenditures that
 support fossil fuels. By creating a process through which  the  legisla-
 ture  would  review  existing  fossil fuel tax expenditures on a regular
 basis, the state can better ensure that they are in the public interest.
   § 2. Subdivision 1 of section 181 of the executive law is  amended  by
 adding two new paragraphs (c) and (d) to read as follows:
   (C)  "FOSSIL  FUEL" SHALL HAVE THE SAME DEFINITION AS IN SECTION 1-103
 OF THE ENERGY LAW AND INCLUDE BIODIESEL.
   (D) "FOSSIL FUEL RELATED TAX EXPENDITURES" SHALL MEAN TAX EXPENDITURES
 THAT DIRECTLY SUPPORT THE PRODUCTION, TRANSMISSION, DISTRIBUTION, TRANS-
 PORTATION, STORAGE, SALE, PURCHASE OR DELIVERY OF FOSSIL FUELS.
   § 3. The opening paragraph and paragraphs (f) and (g) of subdivision 2
 of section 181 of the executive law, the opening paragraph as amended by
 chapter 309 of the laws of 1996 and paragraphs (f) and (g) as  added  by
 chapter  23  of the laws of 1990, are amended and two new paragraphs (h)
 and (i) are added to read as follows:
   In addition to the  information  required  by  article  seven  of  the
 constitution and section twenty-two of the state finance law, the gover-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

Comments

Open Legislation comments facilitate discussion of New York State legislation. All comments are subject to moderation. Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity or hate speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. 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.