Bill > A05404

This bill amends the General Municipal Law to expand the Municipal Sustainable Energy Loan Program, broadening the types of improvements that municipalities can provide loans for beyond renewable energy systems and energy efficiency measures. The bill introduces several new categories of improvements that can be financed, including qualifying water improvements (which reduce water consumption and manage stormwater), qualifying resiliency improvements (designed to help buildings withstand extreme weather events), and low carbon intensity building components (improvements that reduce greenhouse gas emissions). The legislation defines these new terms, establishes criteria for qualifying contractors, and provides detailed guidelines for how municipalities can implement these loan programs. The bill also modifies existing provisions related to loan terms, verification of improvements, and enforcement of loan repayments, with specific provisions for different types of property owners (commercial entities versus individuals) and additional protections for municipalities in collecting unpaid charges. The overall goal is to support municipal efforts to promote energy efficiency, reduce greenhouse gas emissions, and increase the resilience of buildings to climate change impacts.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A5404