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 |
senate Bill S5992
Signed By GovernorSponsored By
Sean M. Ryan
(D) 61st Senate District
Archive: Last Bill Status Via A6261 - Signed by Governor
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed by Governor
Your Voice
Actions
Votes
Co-Sponsors
Jeremy A. Cooney
(D, WF) 56th Senate District
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) - Sponsor Memo
BILL NUMBER: S5992 SPONSOR: RYAN TITLE OF BILL: 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 PURPOSE OR GENERAL IDEA OF BILL: This bill would raise the statutory gap on the amount of Recharge New York power that may be allocated to eligible not-for-profit corporations and small businesses. SUMMARY OF PROVISIONS: Section one of the bill amends § 188-a of the Economic Development Law to increase the statutory cap on the amount of Recharge New York power that may be allocated to eligible not-for-profit corporations and small businesses from 100 megawatts to 150 megawatts.
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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