Bill Text: NY A08041 | 2019-2020 | General Assembly | Introduced


Bill Title: Creates the solar panel purchasing revolving loan program using funds from the general debt services fund.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-01-08 - referred to cities [A08041 Detail]

Download: New_York-2019-A08041-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          8041

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                      May 31, 2019
                                       ___________

        Introduced by M. of A. ABBATE -- read once and referred to the Committee
          on Cities

        AN  ACT  to  amend chapter 868 of the laws of 1975, constituting the New
          York state financial emergency act  for  the  city  of  New  York,  in
          relation to creating the solar panel purchasing revolving loan program

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Section 3 of section 2 of chapter 868 of the laws of  1975,
     2  constituting  the New York state financial emergency act for the city of
     3  New York, is amended by adding a new subdivision 4 to read as follows:
     4    4. Any non-spendable fund balances within the fund as identified with-
     5  in the New York city comprehensive annual financial report shall be made
     6  available for loans for residential homes within the city  of  New  York
     7  for  the purchasing and installation of solar panels on such residential
     8  homes. The city by local law  shall  establish  such  residential  solar
     9  panel loan program.
    10    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08492-04-9
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