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Senate Bill S5450

2025-2026 Legislative Session

Establishes the zero emission industrial trucks grant program

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Current Bill Status - In Senate Committee Energy And Telecommunications Committee

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2025-S5450 (ACTIVE) - Details

See Assembly Version of this Bill:
A1438
Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Authorities Law
Laws Affected:
Add §1885, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2021-2022: S8760, A10353
2023-2024: S3113, A794

2025-S5450 (ACTIVE) - Summary

Establishes the zero-emission industrial trucks grant program to be administered by NYSERDA, to encourage the purchase and lease of zero-emission industrial trucks, class I to III.

2025-S5450 (ACTIVE) - Sponsor Memo

2025-S5450 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5450
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             February 21, 2025
                                ___________
 
 Introduced  by  Sens. COMRIE, MAY -- read twice and ordered printed, and
   when printed to be committed to the Committee on Energy and Telecommu-
   nications
 
 AN ACT to amend the public authorities law, in relation to  establishing
   the zero-emission industrial trucks grant program

   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.  ZERO-EMISSION  INDUSTRIAL  TRUCKS GRANT PROGRAM. 1. THERE IS
 HEREBY ESTABLISHED A ZERO-EMISSION INDUSTRIAL TRUCKS GRANT PROGRAM TO BE
 ADMINISTERED BY THE AUTHORITY, IN  CONJUNCTION  WITH  THE  EMPIRE  STATE
 DEVELOPMENT CORPORATION.
   2.  FOR THE PURPOSES OF THIS SECTION, "ZERO-EMISSION INDUSTRIAL TRUCK"
 SHALL MEAN A CLASS I, CLASS  II  OR  CLASS  III  INDUSTRIAL  TRUCK  THAT
 PRODUCES NO CRITERIA POLLUTANT, TOXIC AIR CONTAMINANT, OR GREENHOUSE GAS
 EMISSIONS WHEN STATIONARY OR OPERATING.
   3.  THE  PURPOSE  OF SUCH PROGRAM SHALL BE TO PROVIDE AN INCENTIVE AND
 FINANCIAL ASSISTANCE FOR BUSINESSES  AND  CORPORATIONS  TO  PURCHASE  OR
 LEASE  ZERO-EMISSION INDUSTRIAL TRUCKS, CLASS I TO III, AND REDUCE THEIR
 CARBON FOOTPRINT.
   4. (A) THE AUTHORITY SHALL SET  CRITERIA  FOR  ELIGIBILITY  FOR  GRANT
 AWARDS.  THOSE  ELIGIBLE  TO  PURCHASE OR LEASE ZERO-EMISSION INDUSTRIAL
 TRUCKS, CLASS I TO III, AND WHO APPLY SHALL BE ELIGIBLE FOR GRANT AWARDS
 UNDER SUCH PROGRAM. GRANTS AWARDED PURSUANT TO  THIS  SECTION  SHALL  BE
 USED  SOLELY  FOR  THE  PURPOSE  OF  PURCHASING OR LEASING ZERO-EMISSION
 INDUSTRIAL TRUCKS, CLASS I TO III.
   (B) GRANT AMOUNTS SHALL BE DETERMINED BY THE AUTHORITY BASED ON  VEHI-
 CLE TYPE, ENERGY SOURCE, AND VEHICLE WEIGHT CLASS, BUT SHALL NOT BE LESS
 THAN  TEN  PERCENT  OF  THE  COST OF THE ZERO-EMISSION INDUSTRIAL TRUCKS
 PURCHASED OR LEASED.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01779-01-5

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