senate Bill S5992

Signed By Governor
2021-2022 Legislative Session

Relates to recharge New York power for eligible small businesses and not-for-profit corporations

download bill text pdf

Sponsored By

Current Bill Status Via A6261 - 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 (11)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jul 01, 2021 signed chap.197
Jun 24, 2021 delivered to governor
May 05, 2021 returned to assembly
passed senate
3rd reading cal.853
substituted for s5992
May 05, 2021 substituted by a6261
May 04, 2021 advanced to third reading
May 03, 2021 2nd report cal.
Apr 28, 2021 1st report cal.853
Mar 25, 2021 referred to energy and telecommunications

Votes

view votes

Apr 14, 2021 - Energy and Telecommunications committee Vote

S5992
8
1
committee
8
Aye
1
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Energy and Telecommunications committee vote details

Energy and Telecommunications Committee Vote: Apr 14, 2021

nay (1)

Co-Sponsors

S5992 (ACTIVE) - Details

See Assembly Version of this Bill:
A6261
Law Section:
Economic Development Law
Laws Affected:
Amd §188-a, Ec Dev L

S5992 (ACTIVE) - Summary

Relates to recharge New York power for eligible small businesses and not-for-profit corporations by dedicating up to 150 megawatts for such businesses.

S5992 (ACTIVE) - Sponsor Memo

S5992 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5992
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                              March 25, 2021
                                ___________
 
 Introduced  by  Sen.  RYAN  --  read twice and ordered printed, and when
   printed to be committed to the Committee on  Energy  and  Telecommuni-
   cations
 
 AN  ACT  to  amend the economic development law, in relation to recharge
   New York power for eligible small businesses and not-for-profit corpo-
   rations

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.    Paragraph  4 of subdivision (c) of section 188-a of the
 economic development law, as added by section 2 of part CC of chapter 60
 of the laws of 2011, is amended to read as follows:
   (4) The board may base its recommendation on which eligible applicants
 it determines best meet the applicable criteria; provided, however, that
 the board shall dedicate recharge New York  power  as  follows:  (i)  at
 least three hundred fifty megawatts for use at facilities located within
 the  service  territories of the utility corporations that, prior to the
 effective date of this section, purchased  Niagara  and  Saint  Lawrence
 hydroelectric  power for the benefit of their domestic and rural consum-
 ers; (ii) at least two hundred megawatts for the purposes of  attracting
 new  business  to  the state, creating new business within the state, or
 encouraging the expansion of existing businesses within the state,  that
 create  new jobs or leverage new capital investment; and (iii) an amount
 not to exceed one hundred FIFTY megawatts for eligible small  businesses
 and eligible not-for-profit corporations.
   § 2. This act shall take effect immediately.
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10383-01-1


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