New York State Assembly

Bill No.:  

 
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A08041 Summary:

BILL NO	A08041
SAME AS	No Same As
SPONSOR	Abbate
COSPNSR
MLTSPNSR
Amd §3, Chap 868 of 1975
Creates the solar panel purchasing revolving loan program using funds from the general debt services fund.

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A08041 Actions:

BILL NO	A08041
05/31/2019	referred to cities
01/08/2020	referred to cities

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A08041 Committee Votes:

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A08041 Floor Votes:

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A08041 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8041
 
                               2019-2020 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 31, 2019
                                       ___________
 
        Introduced by M. of A. ABBATE -- read once and referred to the Committee
          on Cities
 
        AN  ACT  to  amend chapter 868 of the laws of 1975, constituting the New
          York state financial emergency act  for  the  city  of  New  York,  in
          relation to creating the solar panel purchasing revolving loan program

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 3 of section 2 of chapter 868 of the laws of  1975,
     2  constituting  the New York state financial emergency act for the city of
     3  New York, is amended by adding a new subdivision 4 to read as follows:
     4    4. Any non-spendable fund balances within the fund as identified with-
     5  in the New York city comprehensive annual financial report shall be made
     6  available for loans for residential homes within the city  of  New  York
     7  for  the purchasing and installation of solar panels on such residential
     8  homes. The city by local law  shall  establish  such  residential  solar
     9  panel loan program.
    10    § 2. This act shall take effect immediately.
 
 
 
 

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08492-04-9

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