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NY A06577
Bill
Status
Introduced
4/19/2023
Primary Sponsor
Fred Thiele
Click for details
AI Summary
- Amends Education Law Section 3602 to extend the guaranteed recovery period for energy performance contract costs from 18 years to 25 years
- Allows school districts to recover contract costs from energy savings realized during the extended term of energy performance contracts
- Applies to energy savings achieved by participating school districts under energy performance contracts
- Takes effect immediately upon enactment
Legislative Description
Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.
Last Action
referred to education
1/3/2024
Committee Referrals
Education4/19/2023
Full Bill Text
No bill text available