Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2020 |
referred to energy |
Jun 11, 2019 |
referred to energy |
Assembly Bill A8277
2019-2020 Legislative Session
Sponsored By
CUSICK
Archive: Last Bill Status - In Assembly Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
2019-A8277 (ACTIVE) - Details
2019-A8277 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8277 2019-2020 Regular Sessions I N A S S E M B L Y June 11, 2019 ___________ Introduced by M. of A. CUSICK -- (at request of the Energy Research Development Authority) -- read once and referred to the Committee on Energy AN ACT to amend the public authorities law, the public service law and the real property law, in relation to the green jobs-green New York on-bill energy efficiency payment program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph (a) of subdivision 5 of section 1896 of the public authorities law, as added by section 1 of part DD of chapter 58 of the laws of 2012, is amended to read as follows: (a) For each loan issued for qualified energy efficiency services that is to be repaid through an on-bill recovery mechanism[, the New York state energy research and development authority shall record, pursuant to article nine of the real property law, in the office of the appropri- ate recording officer, a declaration with respect to the property improved by such services of the existence of the loan and stating the total amount of the loan, the term of the loan, and that the loan is being repaid] through a charge on an electric or gas meter associated with the property, THE ON-BILL RECOVERY LOAN AGREEMENT SHALL ALLOW FOR THE PURCHASER OR TRANSFEREE TO AGREE THROUGH WRITTEN EXPRESS ASSUMPTION PROVIDED IN ACCORDANCE WITH THE TERMS OF THE ON-BILL RECOVERY LOAN THAT HE OR SHE IS RESPONSIBLE FOR FUTURE ON-BILL RECOVERY CHARGES, AND IN THE ABSENCE OF SUCH WRITTEN EXPRESS ASSUMPTION, THE ORIGINAL SELLER, TRANSFEROR, OR CURRENT LOAN HOLDER OF THE SUBJECT PROPERTY SHALL CONTIN- UE TO BE RESPONSIBLE FOR PAYMENT OF SUCH REMAINING CHARGES THROUGH DIRECT BILLING AND PAYMENT TO THE NEW YORK STATE ENERGY RESEARCH AND DEVELOPMENT AUTHORITY, OR ITS AGENT. [The declaration shall further state that it is being filed pursuant to this section and, unless fully satisfied prior to sale or transfer of the property, the loan repayment utility meter charge shall survive changes in ownership, tenancy, or EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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