Assembly Bill A8270

2023-2024 Legislative Session

Requires on-bill financing be an option for certain energy efficiency services and requires the disclosure of on-bill financing prior to the sale of real property

download bill text pdf

Sponsored By

Current 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

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2023-A8270 (ACTIVE) - Details

Current Committee:
Assembly Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Add §1885, amd §1851, Pub Auth L; add §54, Pub Serv L; amd §242, RP L

2023-A8270 (ACTIVE) - Summary

Requires on-bill financing be an option for certain energy efficiency services; requires the disclosure of on-bill financing prior to the sale of real property.

2023-A8270 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8270
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             November 15, 2023
                                ___________
 
 Introduced  by M. of A. BURKE -- read once and referred to the Committee
   on Corporations, Authorities and Commissions
 
 AN ACT to amend the public authorities law, the public service law,  and
   the  real  property law, in relation to requiring on-bill financing be
   an option for certain energy efficiency  services  and  requiring  the
   disclosure of on-bill financing prior to the sale of real property
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The public authorities law  is  amended  by  adding  a  new
 section 1885 to read as follows:
   § 1885. ON-BILL FINANCING OPTION REQUIRED. ANY PERSON WHO OFFERS ENER-
 GY EFFICIENCY SERVICES SHALL OFFER ON-BILL FINANCING FOR SUCH SERVICES.
   § 2. Section 1851 of the public authorities law is amended by adding a
 new subdivision 12 to read as follows:
   12.  "ENERGY  EFFICIENCY SERVICES" MEANS A MODIFICATION TO A STRUCTURE
 APPROVED BY THE AUTHORITY WHICH IS CONSISTENT WITH STANDARDS ESTABLISHED
 BY THE AUTHORITY AND  THAT  WILL  INCREASE  THE  ENERGY  EFFICIENCY  AND
 CONSERVATION  OF  A NEW OR EXISTING STRUCTURE, INCLUDING BUT NOT LIMITED
 TO:
   (A) APPLICATION OF WEATHERSTRIPPING, CAULKING, SEALANT AND OTHER MATE-
 RIALS AROUND DOORS, WINDOWS, AND OTHER  AREAS  OF  A  BUILDING  FOR  THE
 PURPOSE  OF  INSULATING OR SEALING OPENINGS IN THE BUILDING ENVELOPE AND
 WITHIN THE BUILDING TO MITIGATE ENERGY LOSS;
   (B) TESTING, REPAIRING AND REPLACING HEATING  OR  COOLING  SYSTEMS  OR
 COMPONENTS OF SUCH SYSTEMS;
   (C) THERMOSTAT UPGRADES;
   (D) WATER HEATER REPAIR AND REPLACEMENT;
   (E)  ROOF,  CHIMNEY,  FIREPLACE  AND ROOF VENT REPAIR, INSOFAR AS SUCH
 REPAIRS ARE DETERMINED BY AN ENERGY AUDIT TO BE  NECESSARY  TO  MITIGATE
 ENERGY LOSS OR RESOLVE ENERGY SYSTEM RELATED HEALTH AND SAFETY ISSUES;
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13570-01-3
 A. 8270                             2
              

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