Senate Bill S6911

2013-2014 Legislative Session

Relates to the use and costs of clean energy technologies at municipal waste water treatment plants

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Archive: Last Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-S6911 (ACTIVE) - Details

Current Committee:
Senate Finance
Law Section:
Public Authorities Law
Laws Affected:
Amd §§1892 & 1896, Pub Auth L
Versions Introduced in 2015-2016 Legislative Session:
S2172

2013-S6911 (ACTIVE) - Summary

Relates to the use and costs of clean energy technologies at municipal waste water treatment plants.

2013-S6911 (ACTIVE) - Sponsor Memo

2013-S6911 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6911

                            I N  S E N A T E

                             March 28, 2014
                               ___________

Introduced  by  Sen.  MARCELLINO  -- read twice and ordered printed, and
  when printed to be committed to the Committee on Energy and Telecommu-
  nications

AN ACT to amend the public authorities law, in relation to the  use  and
  costs  of clean energy technologies at municipal waste water treatment
  plants

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivisions 5 and 6 of section 1892 of the public authori-
ties law, as added by chapter 487 of the laws of 2009, are amended and a
new subdivision 7 is added to read as follows:
  5.  create  green  job  opportunities, including opportunities for new
entrants into  the  state's  workforce,  the  long-term  unemployed  and
displaced workers; [and]
  6.  use  innovative  financing mechanisms to finance energy efficiency
improvements through energy cost savings[.]; AND
  7. SUPPORT THE USE OF CLEAN ENERGY  TECHNOLOGIES  AT  MUNICIPAL  WASTE
WATER TREATMENT PLANTS.
  S  2.  Subparagraph  (ii) of paragraph (b) of subdivision 1 of section
1896 of the public authorities law, as amended by  chapter  388  of  the
laws of 2011, is amended to read as follows:
  (ii)  one  account which shall be maintained for monies made available
to provide loans to finance the cost of approved qualified energy  effi-
ciency  services  for non-residential structures AND TO PROVIDE LOANS TO
FINANCE THE COSTS OF CLEAN ENERGY  TECHNOLOGIES  MUNICIPAL  WASTE  WATER
TREATMENT  PLANTS. The initial balance of the residential account estab-
lished in subparagraph (i) of this paragraph shall  represent  at  least
fifty  percent  of  the total balance of the two accounts. The authority
shall not commingle the monies of the revolving loan fund with any other
monies of the authority or held by the authority, nor shall the authori-
ty commingle the monies between accounts. Payments of principal,  inter-
est  and fees shall be deposited into the account created and maintained
for the appropriate type of eligible project.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD14576-01-4
              

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