Assembly Bill A9990

2023-2024 Legislative Session

Enacts the "bucks for boilers act"

download bill text pdf

Sponsored By

Current 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

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2023-A9990 (ACTIVE) - Details

See Senate Version of this Bill:
S9099
Current Committee:
Assembly Energy
Law Section:
Public Authorities Law
Laws Affected:
Add §1885, amd §1854, Pub Auth L; add §99-rr, St Fin L; amd §11-104, Energy L; amd §378, Exec L; amd §224-f, Lab L; amd §10-b, Emerg Ten Prot Act of 1974

2023-A9990 (ACTIVE) - Summary

Enacts the bucks for boilers act, which creates a program to aid in transition of housing units to electric heat pumps and other high energy efficiency upgrades.

2023-A9990 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   9990
 
                           I N  A S S E M B L Y
 
                                May 1, 2024
                                ___________
 
 Introduced by M. of A. STIRPE -- read once and referred to the Committee
   on Energy
 
 AN  ACT  to amend the public authorities law, the state finance law, the
   energy law, the executive law, the labor law and the emergency  tenant
   protection  act  of nineteen seventy-four, in relation to enacting the
   "bucks for boilers act"

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Short  title. This act shall be known and may be cited as
 the "bucks for boilers act".
   § 2. The public authorities law is amended by  adding  a  new  section
 1885 to read as follows:
   §  1885.  BUCKS FOR BOILERS PROGRAM. 1. THE AUTHORITY, IN CONSULTATION
 WITH THE DEPARTMENT OF PUBLIC SERVICE, SHALL ESTABLISH A PROGRAM TO  AID
 IN  THE  TRANSITION  OF  ALL EXISTING HOUSING UNITS' HEATING AND COOLING
 FROM RELIANCE ON COMBUSTING OIL AND GAS,  TO  ELECTRIC  HEAT  PUMPS  AND
 OTHER HIGH ENERGY EFFICIENCY UPGRADES, SYSTEMS AND SERVICES.
   2.  USING  FUNDS MADE AVAILABLE FROM THE BUCKS FOR BOILERS FUND AS SET
 FORTH IN SECTION NINETY-NINE-RR OF THE STATE FINANCE LAW, THE  AUTHORITY
 SHALL  ENSURE THAT ANY BUILDING OR HOUSEHOLD EXISTING IN A DISADVANTAGED
 COMMUNITY, AS SUCH TERM IS DEFINED BY THE CLIMATE JUSTICE WORKING GROUP,
 OR BUILDINGS HOUSING FORMERLY-INCARCERATED INDIVIDUALS, WITH A  PRIORITY
 TO  BUILDINGS  OWNED  BY  LOW-INCOME  HOMEOWNERS OR RENTED TO LOW-INCOME
 TENANTS, SHALL BE ELIGIBLE FOR FULL-COST FUNDING FOR THE PROCUREMENT AND
 INSTALLATION OF EQUIPMENT TO BE COMPLIANT  WITH  THE  ENERGY  EFFICIENCY
 STANDARDS  SET  FORTH  UNDER SECTION 11-104 OF THE ENERGY LAW, INCLUDING
 THE PROCUREMENT AND INSTALLATION OF NON-FOSSIL FUEL HEATING AND  COOLING
 AND  HOT WATER SYSTEMS AND OTHER HIGH ENERGY EFFICIENCY SYSTEMS, INCLUD-
 ING ELECTRICAL PANEL AND  WIRING  UPGRADES  AND  INDUCTION  OR  ELECTRIC
 STOVES.    FOR  PURPOSES  OF  THIS  SUBDIVISION, INSTALLATION SHALL ALSO
 INCLUDE BRINGING ELIGIBLE HOUSING INTO A STATE OF GOOD REPAIR.
   3. USING FUNDS MADE AVAILABLE FROM THE BUCKS FOR BOILERS FUND  AS  SET
 FORTH  IN SECTION NINETY-NINE-RR OF THE STATE FINANCE LAW, THE AUTHORITY
 SHALL CREATE A PROGRAM TO PAY UP TO FIFTY THOUSAND DOLLARS PER UNIT  FOR
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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