Bill Text: NY A10004 | 2023-2024 | General Assembly | Introduced

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Bill Title: Directs the office of renewable energy siting to develop a procedure to process letters of credit for siting permits under the major renewable energy development program.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-05-01 - referred to energy [A10004 Detail]

Download: New_York-2023-A10004-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10004

                   IN ASSEMBLY

                                       May 1, 2024
                                       ___________

        Introduced  by M. of A. STERN -- read once and referred to the Committee
          on Energy

        AN ACT to amend the executive law, in relation to requiring  the  office
          of  renewable  energy  siting  to  develop  a procedure to process any
          financial security or letter of credit required by the office

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

     1    Section 1. Paragraph (g) of subdivision 3 of section 94-c of the exec-
     2  utive  law,  as added by section 4 of part JJJ of chapter 58 of the laws
     3  of 2020, is amended to read as follows:
     4    (g) The office shall within one year of the  effective  date  of  this
     5  section  promulgate  rules and regulations with respect to all necessary
     6  requirements to implement the siting permit program established in  this
     7  section and promulgate modifications to such rules and regulations as it
     8  deems  necessary;  provided that the office shall promulgate regulations
     9  requiring the service of applications  on  affected  municipalities  and
    10  political subdivisions simultaneously with submission of the application
    11  to  the  office.  The  office  shall  develop a procedure to process any
    12  financial security or letter of credit that is required by  the  office.
    13  Such  procedure  shall  be available to any municipality that decides to
    14  have the office process and maintain any required financial security  or
    15  letter of credit in their permitting process.
    16    §  2.  This act shall take effect immediately; provided, however, that
    17  the amendments to section 94-c of the executive law, made by section one
    18  of this act, shall not affect the repeal of such section  and  shall  be
    19  deemed repealed therewith.



         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15235-01-4