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NY S06344

NY S06344
Relates to bioheating fuel requirements and bioheating fuel tax credits; requires all heating oil sold for use in any building in the state on and after July 1, 2022 be bioheating fuel that contains a minimum percent biodiesel or renewable hydrocarbon diesel.


summary

Introduced
06/05/2019
In Committee
01/08/2020
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

2019-2020 General Assembly

Bill Summary

Relates to bioheating fuel requirements and bioheating fuel tax credits; requires all heating oil sold for use in any building in the state on and after July 1, 2021 be bioheating fuel that contains a minimum percent biodiesel or renewable hydrocarbon diesel.

AI Summary

This bill requires all heating oil sold for use in any building in the state of New York to contain a minimum percentage of biodiesel and/or renewable hydrocarbon diesel. Starting on July 1, 2022, the minimum percentage is 5%, increasing to 10% on July 1, 2025, and 20% on July 1, 2030. The bill also defines key terms like "biodiesel" and "renewable hydrocarbon diesel," and provides the governor with the authority to temporarily suspend the requirements if there is inadequate supply or undue financial hardship to consumers.

Committee Categories

Agriculture and Natural Resources

Sponsors (2)

Last Action

PRINT NUMBER 6344A (on 07/01/2020)

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