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Bill > S09099


NY S09099

Enacts the bucks for boilers act, which creates a program to aid in transition of housing units to electric heat pumps and other high energy efficiency upgrades.


summary

Introduced
04/22/2024
In Committee
04/22/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the public authorities law, the state finance law, the energy law, the executive law, the labor law and the emergency tenant protection act of nineteen seventy-four, in relation to enacting the "bucks for boilers act"

AI Summary

This bill enacts the "Bucks for Boilers Act", which creates a program to aid in the transition of housing units from reliance on oil and gas to electric heat pumps and other high energy efficiency upgrades. The bill establishes the "Bucks for Boilers Fund" to provide financial assistance to residential building owners and renters for this purpose, prioritizing disadvantaged communities and buildings using delivered fuels like propane and heating oil. The bill also prohibits the installation of fossil-fuel equipment and building systems in existing buildings, with some exemptions, and includes provisions regarding wage requirements, labor peace agreements, and restrictions on rent increases for buildings undertaking energy efficiency work under this program.

Committee Categories

Transportation and Infrastructure

Sponsors (6)

Last Action

REFERRED TO ENERGY AND TELECOMMUNICATIONS (on 04/22/2024)

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