Bill

Bill > A09990


NY A09990

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
05/01/2024
In Committee
05/01/2024
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 the transition of existing housing units from fossil fuel-based heating and cooling to electric heat pumps and other high-efficiency systems. The bill establishes the "Bucks for Boilers Fund" to provide financial assistance to residential building owners and renters for these energy efficiency upgrades, prioritizing disadvantaged communities and buildings using delivered fuels like propane and heating oil. The bill also prohibits the installation of fossil fuel equipment in existing buildings after certain deadlines and includes provisions related to prevailing wage requirements and tenant protections for buildings participating in the program.

Committee Categories

Agriculture and Natural Resources

Sponsors (19)

Last Action

referred to energy (on 05/01/2024)

bill text


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