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History
- Signed chap.344
- Delivered to governor
- Returned to assembly
- Passed senateVote 58–0
- 3rd reading cal.835
- Substituted for S5867A
- Referred to rules
- Delivered to senate
- Passed assembly
- Ordered to third reading rules cal.391
- Rules report cal.391
- Reported
Show 3 earlier actions
- Reported referred to rules
- Reported referred to ways and means
- Referred to energy
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Establishes the Binghamton sustainable energy loan program
Senate Floor Calendar · Sponsor Tom Libous
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:A8890
Title of bill
An act in relation to creating a sustainable energy loan program in the city of Binghamton
Purpose or General Idea of Bill: The bill would authorize the City of Binghamton to establish a sustainable energy loan program to assist homeowners and businesses within the city of Binghamton in the installa- tion of energy efficiency improvements.
Summary of Specific Provisions: Section one of the bill sets forth the legislative intent of the City of Binghamton to facilitate efforts of its residents and businesses to utilize energy more efficiently and utilize renewable energy sources to reduce carbon emissions and improve the environment.
Section two of the bill establishes the City of Binghamton Sustainable Energy Loan Program and authorized the City of Binghamton to use federal grants to implement the program.
This section also provides that the borrower repay the city through an assessment on the real property where the sustainable energy loan was applied and that the assessment be included annually within the real property tax bill until repaid in full.
Justification: This legislation will help lower energy costs, reduce greenhouse gas emissions and make energy audits and energy efficiency improvements more affordable by offering a sustainable energy loan program to assist property owners within the city of Binghamton in the installation of energy efficiency improvements.
Prior Legislative History 2009: New
Fiscal Implications for State and Local Governments: Federal funds will be used to capitalize the loan fund. The aggregate amount of each sustainable energy loan provided by the city of Binghamton shall not exceed the actual cost of performing the energy audit, of installing energy efficiency improvements, including the costs of necessary equip- ment and materials and installation costs, and of reasonable administra- tive costs.
Effective Date: This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.