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Bill > S08534


NY S08534

NY S08534
Relates to establishing the furloughed or non-pay federal workers revolving loan program and fund; provides zero percent interest loans to residential electric and natural gas customers who have been either furloughed or designated non-pay federal employees due to a period of a lapse in discretionary appropriations by the federal government in order to assist such customers in paying their electric and gas bills.


summary

Introduced
10/20/2025
In Committee
01/07/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 General Assembly

Bill Summary

AN ACT to amend the public service law and the state finance law, in relation to establishing the furloughed or non-pay federal workers revolving loan program and fund; and providing for the repeal of such provisions upon expiration thereof

AI Summary

This bill establishes a temporary loan program to assist federal workers who are furloughed or working without pay during a government shutdown. The Public Service Commission will create a revolving loan fund that provides zero-percent interest loans to residential electric and natural gas customers who have been impacted by a lapse in federal discretionary appropriations. Eligible applicants must provide documentation proving they are furloughed or designated as non-pay federal employees. The fund will be jointly managed by the state comptroller and public service commission, and will consist of appropriated money and other sources of funding. Loan applicants must submit applications demonstrating financial need, and up to 5% of the fund can be used to cover administrative expenses. The program is designed to help affected federal workers pay their utility bills during periods of government shutdown and will automatically expire one year after becoming law.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

REFERRED TO ENERGY AND TELECOMMUNICATIONS (on 01/07/2026)

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