New York State Assembly

Bill No.:  

 
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S05099 Summary:

BILL NO	S05099
SAME AS	SAME AS A07771
SPONSOR	MARTINEZ
COSPNSR
MLTSPNSR
Amd §3602, Ed L
Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.

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S05099 Actions:

BILL NO	S05099
04/09/2019	REFERRED TO EDUCATION
01/08/2020	REFERRED TO EDUCATION

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S05099 Committee Votes:

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S05099 Floor Votes:

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S05099 Text:

 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5099
 
                               2019-2020 Regular Sessions
 
                    IN SENATE
 
                                      April 9, 2019
                                       ___________
 
        Introduced  by Sen. MARTINEZ -- read twice and ordered printed, and when
          printed to be committed to the Committee on Education
 
        AN ACT to amend the education law, in relation  to  extending  the  time
          period  for  guaranteed  recovery of energy performance contract costs
          from energy savings incurred by school districts

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1. Subclause C of clause (i) of subparagraph 5 of paragraph i
     2  of subdivision 6 of section 3602 of the education  law,  as  amended  by
     3  section  1  of  part F of chapter 383 of the laws of 2001, is amended to
     4  read as follows:
     5    C. The energy  performance  contractor  shall  guarantee  recovery  of
     6  contract  costs  from  energy  savings  realized  by the school district
     7  during the term of the energy  performance  contract,  which  shall  not
     8  exceed [eighteen] twenty-five years.
     9    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11119-01-9

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