Bill > S07420

This bill amends the Public Service Law and the Executive Law to require financial security for reclamation of solar and wind electric generating systems. The bill requires applicants to furnish financial security, such as a bond, to ensure the performance of reclamation according to an approved plan. The amount of the financial security is determined by the Public Service Commission or the Office of Renewable Energy Siting based on the estimated cost of reclaiming the affected land. The financial security must remain in effect until the reclamation is approved, and the permittee is liable for the full cost of completing the reclamation if they fail to do so. The bill provides exemptions for certain government entities.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2021/S7420