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Bill > S05099


NY S05099

NY S05099
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.


summary

Introduced
04/09/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

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

AI Summary

This bill extends the time period from 18 years to 25 years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts. The bill amends the education law to allow school districts a longer period to recoup the costs of energy-saving upgrades through the resulting energy savings.

Committee Categories

Education

Sponsors (1)

Last Action

REFERRED TO EDUCATION (on 01/08/2020)

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