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NY A06261
Bill
Status
7/1/2021
Primary Sponsor
Steve Stern
Click for details
AI Summary
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Amends Economic Development Law section 188-a to modify allocation of Recharge New York hydroelectric power among eligible applicants
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Increases the megawatt allocation for eligible small businesses and eligible not-for-profit corporations from an unspecified amount to not to exceed 150 megawatts
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Maintains existing allocations of at least 350 megawatts for facilities in service territories of utilities that previously purchased Niagara and Saint Lawrence hydroelectric power and at least 200 megawatts for attracting new business and creating jobs or leveraging capital investment
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Takes effect immediately upon enactment
Legislative Description
Relates to recharge New York power for eligible small businesses and not-for-profit corporations of an amount not to exceed one hundred fifty megawatts.
Last Action
signed chap.197
7/1/2021