Loading chat...

NY S01986

Bill

Official Source

Status

Engrossed

6/9/2025

Primary Sponsor

Peter Harckham

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Extends the maximum term for energy performance contracts in school districts from eighteen years to twenty-five years

  • Requires energy performance contractors to guarantee that school districts will recover all contract costs from energy savings realized during the contract term

  • Amends Section 3602 of the Education Law governing school district energy performance contracts

  • Takes effect immediately upon passage

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

REPORTED AND COMMITTED TO FINANCE

2/26/2026

Committee Referrals

Finance2/26/2026
Education1/7/2026
Education6/9/2025
Rules6/9/2025
Finance5/6/2025
Education1/14/2025

Full Bill Text

No bill text available