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S05450 Summary:

BILL NOS05450
 
SAME ASSAME AS A01438
 
SPONSORCOMRIE
 
COSPNSRMAY
 
MLTSPNSR
 
Add §1885, Pub Auth L
 
Establishes the zero-emission industrial trucks grant program to be administered by NYSERDA, to encourage the purchase and lease of zero-emission industrial trucks, class I to III.
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S05450 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5450
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 21, 2025
                                       ___________
 
        Introduced  by  Sens. COMRIE, MAY -- 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  establishing
          the zero-emission industrial trucks grant program

          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 1885 to read as follows:
     3    §  1885.  Zero-emission  industrial  trucks grant program. 1. There is
     4  hereby established a zero-emission industrial trucks grant program to be
     5  administered by the authority, in  conjunction  with  the  empire  state
     6  development corporation.
     7    2.  For the purposes of this section, "zero-emission industrial truck"
     8  shall mean a class I, class  II  or  class  III  industrial  truck  that
     9  produces no criteria pollutant, toxic air contaminant, or greenhouse gas
    10  emissions when stationary or operating.
    11    3.  The  purpose  of such program shall be to provide an incentive and
    12  financial assistance for businesses  and  corporations  to  purchase  or
    13  lease  zero-emission industrial trucks, class I to III, and reduce their
    14  carbon footprint.
    15    4. (a) The authority shall set  criteria  for  eligibility  for  grant
    16  awards.  Those  eligible  to  purchase or lease zero-emission industrial
    17  trucks, class I to III, and who apply shall be eligible for grant awards
    18  under such program. Grants awarded pursuant to  this  section  shall  be
    19  used  solely  for  the  purpose  of  purchasing or leasing zero-emission
    20  industrial trucks, class I to III.
    21    (b) Grant amounts shall be determined by the authority based on  vehi-
    22  cle type, energy source, and vehicle weight class, but shall not be less
    23  than  ten  percent  of  the  cost of the zero-emission industrial trucks
    24  purchased or leased.
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01779-01-5

        S. 5450                             2
 
     1    (c) Such criteria in paragraph (a) of this subdivision  shall  include
     2  requirements  that  to  be  eligible  for  such grants the zero-emission
     3  industrial trucks and the components and parts thereof shall be produced
     4  or made in whole or substantial part in the United States, its  territo-
     5  ries,  or  possessions and that the final assembly of such zero-emission
     6  trucks  shall  occur  in  the  United  States,   its   territories,   or
     7  possessions.
     8    5.  The  zero-emission industrial trucks grant program shall be funded
     9  through the annual appropriation of the legislature or any  other  funds
    10  received  by  the  state for the purposes of this section, including but
    11  not limited to funds administered in the clean energy fund. Grants shall
    12  only be awarded based upon the availability of funds.
    13    § 2. This act shall take effect immediately.
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