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Sponsors
2 Co-sponsors
History
- Substituted by A6114C
- Ordered to third reading cal.1510
- Committee discharged and committed to rules
- Reported and committed to finance
- Print number 3872c
- Amend and recommit to energy and telecommunications
- Referred to energy and telecommunications
- Returned to senate
- Died in assembly
- Referred to energy
- Delivered to assembly
- Passed senateVote 62–0
Show 8 earlier actions
- Ordered to third reading cal.1220
- Committee discharged and committed to rules
- Print number 3872b
- Amend (t) and recommit to finance
- Reported and committed to finance
- Print number 3872a
- Amend and recommit to energy and telecommunications
- 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.
Requires the development of a generation attribute tracking system by the New York state energy research and development authority
Signed by Governor · Sponsor Andrew Hevesi
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S3872C
Title of bill
An act to amend the public authorities law, in relation to requiring the development of a generation attribute tracking system by the New York state energy research and development authority
Purpose
The purpose of this bill is to prepare a tracking system for generation attribute certificates. As New York State moves closer to a market system in which energy is bought and sold through a certificate mechanism, it is important to track the creation of the energy generated. as well as when this energy is bought and sold in the marketplace to ensure the credibility of the generation attribute certificate market.
Summary of provisions
This bill amends section 1851 of the public authorities law by adding a new subdivision 18, and amends section 1854 of the public authorities law by adding a new subdivision 19.
Justification
This legislation requires the New York State Energy Research and Development Agency NYSERDA) to establish a tracking system for generation attribute certificates, which are defined as "the environmental, vintage and other attributes associated with the generation of kilowatt hours and/or megawatt-hours of electrical energy". NYSERDA will be required to consult with the Department of Public Service in the development of this tracking system. As New York, and the country. moves toward a market based system to stimulate renewable energy generation, New York State must begin to develop the infrastructure necessary to successfully monitor the sale and trade of this commodity.
Legislative history
This is a new bill.
Fiscal implications
To be determined.
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.