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A10321 Summary:

BILL NOA10321
 
SAME ASSAME AS S04749
 
SPONSORAngelino
 
COSPNSRGallahan, Morinello
 
MLTSPNSR
 
Add §66-x, Pub Serv L; amd §94-c, Exec L
 
Requires financial security for reclamation for solar and wind electric generating systems.
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A10321 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10321
 
                   IN ASSEMBLY
 
                                    February 20, 2026
                                       ___________
 
        Introduced by M. of A. ANGELINO -- read once and referred to the Commit-
          tee on Energy
 
        AN  ACT  to  amend  the  public  service  law  and the executive law, in
          relation to requiring financial security for reclamation for solar and
          wind electric generating systems
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  The public service law is amended by adding a new section
     2  66-x to read as follows:
     3    § 66-x. Financial security for reclamation for solar and wind electric
     4  generating systems. 1. Before the commission may issue a permit or  find
     5  a  solar or wind electric generating system in compliance with any terms
     6  and conditions set forth in any permit  already  issued,  the  applicant
     7  shall  furnish  financial security to ensure the performance of reclama-
     8  tion as provided in the approved plan  for  a  solar  or  wind  electric
     9  generating system and naming the state as beneficiary. Financial securi-
    10  ty shall be in the form of a bond from a corporate surety licensed to do
    11  business  as  such  in  the state or any other form the commission deems
    12  acceptable. Any interest accruing as a result of such security shall  be
    13  the exclusive property of the permittee.
    14    2.  The commission shall determine the amount, condition, and terms of
    15  the financial security. The amount shall be  based  upon  the  estimated
    16  cost  of  reclaiming the affected land, which shall be based on informa-
    17  tion contained in the permit application and upon such information as an
    18  investigation by the commission may disclose.
    19    3. The financial security shall remain in full force and effect  until
    20  the  commission  has  approved the reclamation. At the discretion of the
    21  commission, the permittee may secure the release of that portion of  the
    22  financial  security  for  affected  land  on  which reclamation has been
    23  completed and approved by the commission.
    24    4. If the financial security shall for any reason be cancelled, within
    25  thirty days after receiving notice thereof, the permittee shall  provide
    26  a  valid  replacement  under  the  same  conditions as described in this
    27  section.  Failure to provide a replacement bond within such period  may,
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09289-01-5

        A. 10321                            2
 
     1  at  the discretion of the commission, result in the immediate suspension
     2  of the permit.
     3    5. If a permit is suspended or revoked, the commission may require the
     4  permittee to commence reclamation upon thirty days notice.
     5    6.  If  the permittee fails to commence or to complete the reclamation
     6  as required, the commission may attach the financial security  furnished
     7  by  the permittee. In any event, the full cost of completing reclamation
     8  shall be the personal liability  of  the  permittee  and/or  the  person
     9  owning or operating the solar or wind electric generating system and the
    10  commission,  acting  by  the attorney general, may bring suit to recover
    11  all costs to secure the reclamation not covered by the financial securi-
    12  ty.  The materials, machinery, implements and tools of every description
    13  which may be found at the solar or wind electric generating system site,
    14  or other assets of the permittee and/or the person owning  or  operating
    15  the  solar or wind electric generating system shall be subject to a lien
    16  of the commission for the amount expended for  reclamation  of  affected
    17  lands  and  shall  not  be  removed  without  the written consent of the
    18  commission.  Such lien may be foreclosed by the attorney general in  the
    19  same manner as a mechanic's lien.
    20    7.  Political  subdivisions, municipalities, the United States and any
    21  of its agencies and agencies of the  state  shall  be  exempt  from  the
    22  requirements of this section.
    23    § 2. The executive law is amended by adding a new section 94-c to read
    24  as follows:
    25    § 94-c. Financial security for reclamation for solar and wind electric
    26  generating systems. 1. Before the office may issue a siting permit for a
    27  solar  or  wind electric generating system or find a solar or wind elec-
    28  tric generating system in compliance with any terms and  conditions  set
    29  forth  in  any siting permit already issued, the applicant shall furnish
    30  financial security to ensure the performance of reclamation as  provided
    31  in  the  approved  pre-application public involvement program plan for a
    32  solar or wind electric generating system and naming the state as benefi-
    33  ciary. Financial security shall be in the form of a bond from  a  corpo-
    34  rate  surety  licensed  to do business as such in the state or any other
    35  form the office deems acceptable. Any interest accruing as a  result  of
    36  such security shall be the exclusive property of the permittee.
    37    2.  The office shall determine the amount, condition, and terms of the
    38  financial security. The amount shall be based upon the estimated cost of
    39  reclaiming the affected  land,  which  shall  be  based  on  information
    40  contained  in the siting permit application and upon such information as
    41  an investigation by the office may disclose.
    42    3. The financial security shall remain in full force and effect  until
    43  the  office  has  approved  the  reclamation.  At  the discretion of the
    44  office, the permittee may secure the release  of  that  portion  of  the
    45  financial  security  for  affected  land  on  which reclamation has been
    46  completed and approved by the office.
    47    4. If the financial security shall for any reason be cancelled, within
    48  thirty days after receiving notice thereof, the permittee shall  provide
    49  a  valid  replacement  under  the  same  conditions as described in this
    50  section.  Failure to provide a replacement bond within such period  may,
    51  at  the  discretion of the office, result in the immediate suspension of
    52  the siting permit.
    53    5. If a siting permit is suspended or revoked, the office may  require
    54  the permittee to commence reclamation upon thirty days notice.
    55    6.  If  the permittee fails to commence or to complete the reclamation
    56  as required, the office may attach the financial security  furnished  by

        A. 10321                            3
 
     1  the  permittee.  In  any  event, the full cost of completing reclamation
     2  shall be the personal liability  of  the  permittee  and/or  the  person
     3  owning or operating the solar or wind electric generating system and the
     4  office,  acting  by  the attorney general, may bring suit to recover all
     5  costs to secure the reclamation not covered by the  financial  security.
     6  The  materials,  machinery,  implements  and  tools of every description
     7  which may be found at the solar or wind electric generating system site,
     8  or other assets of the permittee and/or the person owning  or  operating
     9  the  solar or wind electric generating system shall be subject to a lien
    10  of the office for the amount expended for reclamation of affected  lands
    11  and shall not be removed without the written consent of the office. Such
    12  lien  may  be foreclosed by the attorney general in the same manner as a
    13  mechanic's lien.
    14    7. Political subdivisions, municipalities, the United States  and  any
    15  of  its  agencies  and  agencies  of  the state shall be exempt from the
    16  requirements of this section.
    17    § 3. This act shall take effect on the one hundred eightieth day after
    18  it shall have become a law. Effective immediately, the addition,  amend-
    19  ment and/or repeal of any rule or regulation necessary for the implemen-
    20  tation  of  this act on its effective date are authorized to be made and
    21  completed on or before such effective date.
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