Bill > S04749

This bill requires solar and wind electric generating system developers to provide financial security (like a bond) to ensure proper land reclamation after project completion. Specifically, before receiving a permit, developers must submit a bond or acceptable financial instrument that covers the estimated cost of restoring the land to its original condition, with the state named as the beneficiary. The Public Service Commission and the Office of Renewable Energy Siting will determine the appropriate amount of financial security based on the project's reclamation plan and estimated restoration costs. If a developer fails to complete required reclamation, the state can use the financial security to cover restoration expenses, and the developer remains personally liable for any additional costs. The bill allows for partial release of the financial security as sections of land are successfully reclaimed and approved. Importantly, political subdivisions, municipalities, and federal and state agencies are exempt from these requirements. The bill will take effect 180 days after becoming law, with provisions for regulatory preparation during that period.

Transportation and Infrastructure

https://www.nysenate.gov/legislation/bills/2025/S4749