Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Mar 22, 2023 |
enacting clause stricken |
Jan 20, 2023 |
referred to energy |
Assembly Bill A1733
2023-2024 Legislative Session
Sponsored By
GOODELL
Current Bill Status - Stricken
- 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
co-Sponsors
Karl Brabenec
Brian Manktelow
Stephen Hawley
John Lemondes
multi-Sponsors
Keith Brown
2023-A1733 (ACTIVE) - Details
2023-A1733 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1733 2023-2024 Regular Sessions I N A S S E M B L Y January 20, 2023 ___________ Introduced by M. of A. GOODELL -- read once and referred to the Commit- tee on Energy AN ACT to amend the public service law and the executive law, in relation to requiring financial security for reclamation for solar and wind electric generating systems THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. The public service law is amended by adding a new section 66-u to read as follows: § 66-U. FINANCIAL SECURITY FOR RECLAMATION FOR SOLAR AND WIND ELECTRIC GENERATING SYSTEMS. 1. BEFORE THE COMMISSION MAY ISSUE A PERMIT OR FIND A SOLAR OR WIND ELECTRIC GENERATING SYSTEM IN COMPLIANCE WITH ANY TERMS AND CONDITIONS SET FORTH IN ANY PERMIT ALREADY ISSUED, THE APPLICANT SHALL FURNISH FINANCIAL SECURITY TO ENSURE THE PERFORMANCE OF RECLAMA- TION AS PROVIDED IN THE APPROVED PLAN FOR A SOLAR OR WIND ELECTRIC GENERATING SYSTEM AND NAMING THE STATE AS BENEFICIARY. FINANCIAL SECURI- TY SHALL BE IN THE FORM OF A BOND FROM A CORPORATE SURETY LICENSED TO DO BUSINESS AS SUCH IN THE STATE OR ANY OTHER FORM THE COMMISSION DEEMS ACCEPTABLE. ANY INTEREST ACCRUING AS A RESULT OF SUCH SECURITY SHALL BE THE EXCLUSIVE PROPERTY OF THE PERMITTEE. 2. THE COMMISSION SHALL DETERMINE THE AMOUNT, CONDITION, AND TERMS OF THE FINANCIAL SECURITY. THE AMOUNT SHALL BE BASED UPON THE ESTIMATED COST OF RECLAIMING THE AFFECTED LAND, WHICH SHALL BE BASED ON INFORMA- TION CONTAINED IN THE PERMIT APPLICATION AND UPON SUCH INFORMATION AS AN INVESTIGATION BY THE COMMISSION MAY DISCLOSE. 3. THE FINANCIAL SECURITY SHALL REMAIN IN FULL FORCE AND EFFECT UNTIL THE COMMISSION HAS APPROVED THE RECLAMATION. AT THE DISCRETION OF THE COMMISSION, THE PERMITTEE MAY SECURE THE RELEASE OF THAT PORTION OF THE FINANCIAL SECURITY FOR AFFECTED LAND ON WHICH RECLAMATION HAS BEEN COMPLETED AND APPROVED BY THE COMMISSION. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03973-01-3 A. 1733 2
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