Bill > A08617

This bill amends the state finance law to require the use of low embodied carbon concrete in state projects. It establishes a preferential standard for concrete implementing carbon capture, utilization, and storage (CCUS) technologies, and creates an environmental product declaration (EPD) tax credit for producers of concrete, cement, and aggregate. The bill defines key terms such as "low embodied carbon concrete," "EPD analysis," and "CCUS," and outlines the implementation of the low embodied carbon concrete procurement standard, including the application of discount rates to bids based on their GWP (global warming potential) values. The EPD tax credit is available to eligible producers to offset the costs of conducting EPD analyses on their concrete, cement, and aggregate products.

Government Affairs

https://www.nysenate.gov/legislation/bills/2019/A8617