Requires piping supplies expenses to be included as an acceptable expense for purposes of calculating a financial benefit, tax credit or other incentive to an owner of real property to improve energy efficiency to a building or structure pursuant to any energy efficiency program overseen by New York State Energy Research and Development Authority.
STATE OF NEW YORK
________________________________________________________________________
8100
2023-2024 Regular Sessions
IN ASSEMBLY
September 29, 2023
___________
Introduced by M. of A. KIM -- read once and referred to the Committee on
Corporations, Authorities and Commissions
AN ACT to amend the public authorities law, in relation to requiring
piping supplies expenses to be included as an acceptable expense for
purposes of any energy efficiency program overseen by the New York
State Energy Research and Development Authority
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The public authorities law is amended by adding a new
2 section 1872-b to read as follows:
3 § 1872-b. Piping to be included as a permissible expense. 1. As part
4 of the weatherization and assistance program, clean energy program, or
5 any other program of a similar nature and intent however identified,
6 where the purpose is to provide a financial benefit, tax credit or other
7 incentive to an owner of real property to construct, reconstruct,
8 upgrade, retrofit, alter, provide additional equipment or fixtures, or
9 in any other manner improve energy efficiency to a building or struc-
10 ture, as part of the includable expenses, any cost or expense, including
11 but not limited to labor, supplies, estimating, planning and actually
12 and physically providing the finished product incurred in connection
13 with the system of pipes used to convey fluids (liquids and gasses) from
14 one location to another or the interconnection of pipes, plumbing
15 requirements incurred in the project shall be included in calculating
16 the dollar benefit to be provided in the same manner as any other
17 expense so incurred. Where a benefit is calculated as a partial benefit,
18 or a percentage benefit, the percentage for piping and plumbing shall be
19 at the same benefit amount, or percentage as the highest benefit or
20 percentage allowed for any other portion of the project.
21 2. The provisions of this section shall control the calculation of
22 financial benefit, the tax credit, or other incentive, notwithstanding
23 the provisions of any other law previously enacted, or any rule or regu-
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD13312-01-3
A. 8100 2
1 lation promulgated by the authority or any participant working in
2 collaboration with the authority in overseeing, conducting or offering
3 an energy efficiency benefit.
4 § 2. This act shall take effect immediately.
