Relates to requiring businesses to meet certain green requirements to be eligible for the START-UP NY program; businesses operating in newly constructed buildings shall be powered by at least thirty-five percent alternative energy; businesses operating in already existing buildings shall utilize at least forty-five percent less electricity than neighboring businesses of similar size and business type.
STATE OF NEW YORK
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4426
2021-2022 Regular Sessions
IN ASSEMBLY
February 4, 2021
___________
Introduced by M. of A. RA -- read once and referred to the Committee on
Economic Development
AN ACT to amend the economic development law, in relation to requiring
businesses to meet certain green requirements to be eligible for the
START-UP NY program
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 1 of section 433 of the economic development
2 law is amended by adding a new paragraph (h) to read as follows:
3 (h) If a business is or will be operating out of a newly constructed
4 building the business shall demonstrate that it will, within its first
5 year of operation as a participant in the START-UP NY program, be
6 powered by at least thirty-five percent alternative energy including,
7 but not limited to, wind energy, solar energy and geothermal energy. If
8 a business is or will be operating out of an already existing building,
9 such business shall, within its first year of operation as a participant
10 in the START-UP NY program, utilize at least forty-five percent less
11 electricity than neighboring businesses of similar size and business
12 type who are not part of the START-UP NY program.
13 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD07918-01-1
