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NY S08534
Bill
Status
10/20/2025
Primary Sponsor
Kevin Parker
Click for details
AI Summary
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Creates a zero percent interest loan program administered by the Public Service Commission to help furloughed or non-pay federal employees pay their residential electric and natural gas bills during federal government shutdowns
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Establishes the "furloughed or non-pay federal worker revolving loan fund" under joint custody of the Comptroller and Public Service Commission to finance the program
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Requires applicants to submit documentation demonstrating financial need and proof of furlough or non-pay status resulting from a lapse in federal discretionary appropriations
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Allows up to 5% of fund moneys to be used for administrative expenses including personal service, maintenance, and operations
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The act expires and is automatically repealed one year after becoming law
Legislative Description
Relates to establishing the furloughed or non-pay federal workers revolving loan program and fund; provides zero percent interest loans to residential electric and natural gas customers who have been either furloughed or designated non-pay federal employees due to a period of a lapse in discretionary appropriations by the federal government in order to assist such customers in paying their electric and gas bills.
Last Action
REFERRED TO ENERGY AND TELECOMMUNICATIONS
1/7/2026