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S7093Senate2009-2010 SessionSame asA11004

New York solar industry development and jobs act of 2010

Status
In Senate Committee
Energy And Telecommunications
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Energy And Telecommunications

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History

  1. Print number 7093b
  2. Amend and recommit to energy and telecommunications
  3. Print number 7093a
  4. Amend (t) and recommit to energy and telecommunications
  5. Referred to energy and telecommunications

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.

A11004Assembly

New York solar industry development and jobs act of 2010

In Assembly Committee · Ways And Means · Sponsor Steven Englebright

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S7093B

Title of bill

An act to amend the public service law and the public authorities law, in relation to the creation of the New York solar industry development and jobs act of 2010 and the procurement of solar renewable energy cred- its; and providing for the repeal of such provisions upon expiration thereof

Purpose

The purpose of this legislation is to allow for the creation of a solar renewable energy credit program to stimulate the installation of solar projects in New York State.

Summary of provisions

This bill adds a new Section 66-m to the Public service law. It also adds a new subdivision 17 to section 1005 of the public authorities law, and Sections 1020-hh, 1020-ii and 1020-jj of the public authorities law, as renumbered by chapter 433 of the laws of 2009, are renumbered sections 1020-H, 1020-jj, 1020-kk and a new section 1020-hh.

Justification

This legislation creates the Solar Renewable Energy Credit Program, which is designed to stimulate the installation and generation of solar energy in New York State. A Renewable Energy Credit model provides investment stability through long term contracts and competitive bidding in open auctions.

This program will enable the New York State to fulfill the goal set by the Governor's Renewable Energy Task Force of the installation 100 MW of solar by 2011.

Legislative history

This is a new bill.

Fiscal implications

To be determined.

Effective date

This act shall take effect immediately; provided, however, that this act shall expire and be deemed repealed on the date the Commissioner of the Public Service Commission notifies the Legislative Bill Drafting Commis- sion of the occurrence of the implementation of a substantively similar federal program.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.