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Relates to green jobs-green New York on-bill financing
In Assembly Committee · Energy · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S8517
Title of bill
An act to amend the public service law, the public authorities law, the real property law, the lien law, the administrative code of the city of New York, the emergency tenant protection act of nineteen seventy-four and the emergency housing rent control law, in relation to green jobs-green New York on-bill financing
Purpose or general idea of bill
To establish an on-bill financing program for the "Green Jobs/Green New York" program established in chapter 487 of the laws of 2009.
Read the full memo (762 words)
Summary of specific provisions
Section one provides definitions for the Green Jobs/Green New York on-bill financing program.
Section 1 amends the public authorities law to exclude on-bill charges from being determined as an entity's gross operation revenue to exempt such charges from utility assessments provided by section 18-a of the public service law.
Section 2 amends the public service law to provide that on-bill charges be treated substantially the same as utility charges under the home energy fair practices act in order to protect utility customers and residential tenants.
Section 3 amends the public service law to allow gas utilities to place charges for green jobs-green New York on-bill financing on customer's bills.
Section 4 amends the public service law to provide that utilities file tariffs with the public service commission to provide for the billing and collection of on-bill charges for payment of obligations of its customers utilizing the green jobs-green New York program.
Section 5 amends the public authorities law to authorize the New York Power Authority, upon request by one or more municipalities or cooperatives that purchase power form the authority, to provide for the billing and collection of on-bill charges for payment of obligations of their customers utilizing the green jobs-green New York program.
Section 6 amends the public authorities law to direct the Long Island Power Authority to provide for the billing and collection of on-bill charges for payment of obligations of its customers utilizing the green jobs-green New York program.
Section 7 amends the public authorities law to provide that the New York State Energy and Research Development Authority establish an on-bill financing mechanism for the billing and collection of on-bill charges for payment of obligations of customers that have received qualified energy efficiency services under the green jobs-green New York program.
Sections 8 amends the public authorities law to require NYSERDA to annually report on activities related to and the implementation of on-bill financing as established by this Act.
Section 9 amends the real property law to provide for disclosures concerning on-bill financing and green jobs-green New York retrofits.
Sections 10-11 amend the lien law to authorize NYSERDA to file a mechanic's lien against real property that has been improved by qualified energy efficiency measures and are being repaid by on-bill financing as established by this act.
Sections 12-15 amend the administrative code of the city of New York, chapter 576 of the laws of 1974 and chapter 274 of the laws of 1946 to provide that an eligible project under the green jobs-green New York program shall not constitute a major capital improvement.
Justification
By enacting a "Green Jobs/Green New York" program in 2009, the state authorized the performance of energy-efficient retrofits at no initial cost to residential and small commercial property owners, with an ultimate goal of improving large numbers of units over the next five years, and demonstrating the effectiveness of innovative financing mechanisms in reaching this goal.
Installation of energy efficiency improvements to reduce the loss or waste of energy is a proven method of reducing a city, region or state's carbon footprint, and of lowering energy costs for households. Weatherization has similar effects and, more importantly, gives rise to large numbers of jobs and can serve as a gateway for green collar career paths.
The Green Jobs-Green New York (GJ-GNY) program will create green collar jobs and career paths in New York. It will also help the state to reduce its dependence on fossil fuels, lead to lower housing costs, and support community development. One of the key factors to the success of GJ-GNY is the method of financing the energy efficiency/weatherization improvements to the properties affected under the program. In order to attract the broadest possible variety of financing, and private sector involvement, the authorization of on-bill financing is a necessary piece of the program. This legislation further provides for authorization of on-bill financing, and provides parameters within which it will function.
Prior legislative history
None.
Fiscal implications for state and local governments
None.
Effective date
This act shall take effect immediately, with provisions.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.