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S04749 Summary:

BILL NOS04749
 
SAME ASSAME AS A10321
 
SPONSORBORRELLO
 
COSPNSROBERACKER, ORTT
 
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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S04749 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4749
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 12, 2025
                                       ___________
 
        Introduced  by Sens. BORRELLO, OBERACKER, ORTT -- read twice and ordered
          printed, and when printed to be committed to the Committee  on  Energy
          and Telecommunications
 
        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.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD09289-01-5

        S. 4749                             2
 
     1    4. If the financial security shall for any reason be cancelled, within
     2  thirty days after receiving notice thereof, the permittee shall  provide
     3  a  valid  replacement  under  the  same  conditions as described in this
     4  section.  Failure to provide a replacement bond within such period  may,
     5  at  the discretion of the commission, result in the immediate suspension
     6  of the permit.
     7    5. If a permit is suspended or revoked, the commission may require the
     8  permittee to commence reclamation upon thirty days notice.
     9    6. If the permittee fails to commence or to complete  the  reclamation
    10  as  required, the commission may attach the financial security furnished
    11  by the permittee. In any event, the full cost of completing  reclamation
    12  shall  be  the  personal  liability  of  the permittee and/or the person
    13  owning or operating the solar or wind electric generating system and the
    14  commission, acting by the attorney general, may bring  suit  to  recover
    15  all costs to secure the reclamation not covered by the financial securi-
    16  ty.  The materials, machinery, implements and tools of every description
    17  which may be found at the solar or wind electric generating system site,
    18  or  other  assets of the permittee and/or the person owning or operating
    19  the solar or wind electric generating system shall be subject to a  lien
    20  of  the  commission  for the amount expended for reclamation of affected
    21  lands and shall not be  removed  without  the  written  consent  of  the
    22  commission.   Such lien may be foreclosed by the attorney general in the
    23  same manner as a mechanic's lien.
    24    7. Political subdivisions, municipalities, the United States  and  any
    25  of  its  agencies  and  agencies  of  the state shall be exempt from the
    26  requirements of this section.
    27    § 2. The executive law is amended by adding a new section 94-c to read
    28  as follows:
    29    § 94-c. Financial security for reclamation for solar and wind electric
    30  generating systems. 1. Before the office may issue a siting permit for a
    31  solar or wind electric generating system or find a solar or  wind  elec-
    32  tric  generating  system in compliance with any terms and conditions set
    33  forth in any siting permit already issued, the applicant  shall  furnish
    34  financial  security to ensure the performance of reclamation as provided
    35  in the approved pre-application public involvement program  plan  for  a
    36  solar or wind electric generating system and naming the state as benefi-
    37  ciary.  Financial  security shall be in the form of a bond from a corpo-
    38  rate surety licensed to do business as such in the state  or  any  other
    39  form  the  office deems acceptable. Any interest accruing as a result of
    40  such security shall be the exclusive property of the permittee.
    41    2. The office shall determine the amount, condition, and terms of  the
    42  financial security. The amount shall be based upon the estimated cost of
    43  reclaiming  the  affected  land,  which  shall  be  based on information
    44  contained in the siting permit application and upon such information  as
    45  an investigation by the office may disclose.
    46    3.  The financial security shall remain in full force and effect until
    47  the office has approved  the  reclamation.  At  the  discretion  of  the
    48  office,  the  permittee  may  secure  the release of that portion of the
    49  financial security for affected  land  on  which  reclamation  has  been
    50  completed and approved by the office.
    51    4. If the financial security shall for any reason be cancelled, within
    52  thirty  days after receiving notice thereof, the permittee shall provide
    53  a valid replacement under the  same  conditions  as  described  in  this
    54  section.   Failure to provide a replacement bond within such period may,
    55  at the discretion of the office, result in the immediate  suspension  of
    56  the siting permit.

        S. 4749                             3
 
     1    5.  If a siting permit is suspended or revoked, the office may require
     2  the permittee to commence reclamation upon thirty days notice.
     3    6.  If  the permittee fails to commence or to complete the reclamation
     4  as required, the office may attach the financial security  furnished  by
     5  the  permittee.  In  any  event, the full cost of completing reclamation
     6  shall be the personal liability  of  the  permittee  and/or  the  person
     7  owning or operating the solar or wind electric generating system and the
     8  office,  acting  by  the attorney general, may bring suit to recover all
     9  costs to secure the reclamation not covered by the  financial  security.
    10  The  materials,  machinery,  implements  and  tools of every description
    11  which may be found at the solar or wind electric generating system site,
    12  or other assets of the permittee and/or the person owning  or  operating
    13  the  solar or wind electric generating system shall be subject to a lien
    14  of the office for the amount expended for reclamation of affected  lands
    15  and shall not be removed without the written consent of the office. Such
    16  lien  may  be foreclosed by the attorney general in the same manner as a
    17  mechanic's lien.
    18    7. Political subdivisions, municipalities, the United States  and  any
    19  of  its  agencies  and  agencies  of  the state shall be exempt from the
    20  requirements of this section.
    21    § 3. This act shall take effect on the one hundred eightieth day after
    22  it shall have become a law. Effective immediately, the addition,  amend-
    23  ment and/or repeal of any rule or regulation necessary for the implemen-
    24  tation  of  this act on its effective date are authorized to be made and
    25  completed on or before such effective date.
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