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NY S08534

Bill

Status

Introduced

10/20/2025

Primary Sponsor

Kevin Parker

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • 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

  • 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

  • Requires applicants to submit documentation demonstrating financial need and proof of furlough or non-pay status resulting from a lapse in federal discretionary appropriations

  • Allows up to 5% of fund moneys to be used for administrative expenses including personal service, maintenance, and operations

  • The act expires and is automatically repealed one year after becoming law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

Committee Referrals

Energy and Telecommunications1/7/2026
Rules10/20/2025

Full Bill Text

No bill text available