What's happening
This bill extends the biofuel tax credit from four to nine years and requires all New York municipalities to use biofuels for any fuel needs.
Why it matters
Extending the biofuel tax credit from four to nine years offers greater financial stability for biofuel producers. , encouraging longer-term investment and growth in New York’s renewable fuel industry, which could lead to more jobs and local economic development.
Municipalities being required to use biofuels for any fuel needs may significantly increase demand for biofuels statewide. , potentially accelerating the shift away from fossil fuels and supporting local biofuel markets.
The mandate could drive infrastructure upgrades and operational changes for cities, towns, and villages. , affecting procurement practices, vehicle fleets, and heating systems—potentially increasing short-term costs but aligning public operations with state climate and energy goals.
By making local governments early and reliable adopters, the bill could help New York set an example for sustainable practices. , positioning the state as a leader in renewable energy policy and possibly influencing broader regional or national trends.
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Require Municipal Biofuel Use
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred 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.
Require Biofuels for Municipalities
In Assembly Committee · Ways And Means · Sponsor Joseph Lentol
Full text
2 pagesUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
4183
2017-2018 Regular Sessions
IN SENATE
February 6, 2017
Introduced by Sen. DILAN -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications
AN ACT to amend the tax law, in relation to extending the biofuel credit and to amend the general municipal law, in relation to requiring all municipalities to use biofuels for any purpose which requires the use of fuel
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision (a) of section 28 of the tax law, as amended by section 1 of part K of chapter 59 of the laws of 2012, is amended to read as follows:
(a) General. A taxpayer subject to tax under article nine, nine-A or twenty-two of this chapter shall be allowed a credit against such tax pursuant to the provisions referenced in subdivision (d) of this section. The credit (or pro rata share of earned credit in the case of a partnership) for each gallon of biofuel produced at a biofuel plant on or after January first, two thousand six shall equal fifteen cents per gallon after the production of the first forty thousand gallons per year presented to market. The credit under this section shall be capped at two and one-half million dollars per taxpayer per taxable year for up to no more than [four] nine consecutive taxable years per biofuel plant. If the taxpayer is a partner in a partnership or shareholder of a New York S corporation, then the cap imposed by the preceding sentence shall be applied at the entity level, so that the aggregate credit allowed to all the partners or shareholders of each such entity in the taxable year does not exceed two and one-half million dollars. The tax credit allowed pursuant to this section shall apply to taxable years beginning before January first, two thousand twenty.
§ 2. The general municipal law is amended by adding a new section 99-x to read as follows:
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD03400-01-7
S. 4183 2
§ 99-x. Use of biofuels. All counties, cities, towns and villages shall be required to use biofuels for any purpose which requires the use of fuel.
§ 3. This act shall take effect immediately.
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act to amend the tax law, in relation to extending the biofuel credit and to amend the general municipal law, in relation to requiring all municipalities to use biofuels for any purpose which requires the use of fuel
Purpose or general idea of bill
Extends the biofuel credit and requires municipalities to use biofuels for any purpose which requires the use of fuels.
Summary of specific provisions
* Subdivision (a) of section 28 of the Tax Law is amended.
* The General Municipal Law is amended by adding a new section 99-x.
Justification
Renewable fuels, or "biofuels", are liquid transportation fuels made from agricultural crops such as soybeans. The use of Biofuels can make a big difference in improving our environment, helping our economy, and reducing our dependence on foreign oil. Biofuels have been proven to be a worthy alternative. Not only is it essential that we consider alternative, renewable fuel sources to help reduce our dependence on foreign oil sources, it is also our responsibility, both economically and environmentally, to use these alternative fuel sources.
Prior legislative history
2013-2014: S.407/A.1409 Referred to investigations and government operations 2015-2016: S.1240/A.683 Referred to energy and telecommunications
Fiscal implications
None.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.