Senate Bill S1331

2025-2026 Legislative Session

Creates a revolving loan fund authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Energy And Telecommunications 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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2025-S1331 (ACTIVE) - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Authorities Law
Laws Affected:
Add §1879-a, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2019-2020: S8200
2021-2022: S3166
2023-2024: S402

2025-S1331 (ACTIVE) - Summary

Creates a revolving loan fund through the New York state energy research and development authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority.

2025-S1331 (ACTIVE) - Sponsor Memo

2025-S1331 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1331
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                              January 9, 2025
                                ___________
 
 Introduced  by  Sens. PARKER, JACKSON -- read twice and ordered printed,
   and when printed to be committed to the Committee on Energy and  Tele-
   communications
 
 AN  ACT  to  amend the public authorities law, in relation to creating a
   revolving loan fund through the New York  state  energy  research  and
   development authority for the purpose of building renewable and energy
   storage  systems  scaled  to  function  as microgrids to power housing
   owned by the New York city housing authority
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  This  act  shall  be known and may be cited as the "NYCHA
 microgrids development and revolving loan act".
   § 2. The public authorities law is amended by  adding  a  new  section
 1879-a to read as follows:
   §  1879-A.  NYCHA  MICROGRID  LOAN PROGRAM. 1. THE AUTHORITY IS HEREBY
 AUTHORIZED AND DIRECTED TO ESTABLISH A REVOLVING LOAN FUND,  SUBJECT  TO
 AVAILABLE APPROPRIATIONS FOR SUCH PURPOSE, IN ORDER TO PROVIDE ZERO-PER-
 CENT  INTEREST  LOANS  TO THE NEW YORK CITY HOUSING AUTHORITY TO FINANCE
 ENERGY SERVICES FROM RENEWABLE SOLAR ENERGY SYSTEMS,  BATTERY  OR  OTHER
 ZERO  EMISSION  TECHNOLOGY  STORAGE  SYSTEMS  AND/OR ANY OTHER RENEWABLE
 GENERATION SYSTEMS AS DEFINED  IN  SECTION  SIXTY-SIX-P  OF  THE  PUBLIC
 SERVICE LAW FOR THE PURPOSE OF IMPLEMENTING ANY STATE CLEAN ENERGY STAN-
 DARD,  ALL  OF  WHICH  ARE  SCALED TO FUNCTION AS MICROGRIDS FOR HOUSING
 OWNED BY THE NEW YORK CITY HOUSING AUTHORITY. THE AUTHORITY, IN  COOPER-
 ATION  WITH  THE  NEW  YORK  POWER  AUTHORITY, SHALL ISSUE A COMPETITIVE
 REQUEST FOR PROPOSALS FROM PROJECT DEVELOPERS THAT ARE  NOT  SUBJECT  TO
 COST  OF SERVICE RATEMAKING FOR THE CONSTRUCTION AND INSTALLATION OF THE
 RENEWABLE SOLAR ENERGY SYSTEMS, BATTERY OR OTHER ZERO EMISSION TECHNOLO-
 GY STORAGE SYSTEMS AND/OR ANY  OTHER  RENEWABLE  GENERATION  SYSTEMS  AS
 DEFINED IN SECTION SIXTY-SIX-P OF THE PUBLIC SERVICE LAW THAT ARE SCALED
 TO  FUNCTION  AS MICROGRIDS FOR NEW YORK CITY HOUSING AUTHORITY HOUSING.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01255-01-5
              

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