Senate Bill S1546

2025-2026 Legislative Session

Relates to providing the New York power authority with the right of first offer and refusal

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-S1546 (ACTIVE) - Details

Current Committee:
Senate Energy And Telecommunications
Law Section:
Public Service Law
Laws Affected:
Add §28, Pub Serv L
Versions Introduced in Other Legislative Sessions:
2019-2020: S7243
2021-2022: S3032
2023-2024: S2583

2025-S1546 (ACTIVE) - Summary

Provides the New York power authority with the right of first offer and refusal for acquiring any renewable generation facility, renewable energy generation project and any power or energy created by a renewable generation facility or renewable energy generation project.

2025-S1546 (ACTIVE) - Sponsor Memo

2025-S1546 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1546
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 10, 2025
                                ___________
 
 Introduced  by  Sens. PARKER, ADDABBO, GIANARIS, HOYLMAN-SIGAL, SALAZAR,
   SANDERS -- read twice and ordered printed,  and  when  printed  to  be
   committed to the Committee on Energy and Telecommunications
 
 AN ACT to amend the public service law, in relation to providing the New
   York  power  authority  with  the right of first offer and refusal for
   certain renewable  generation  facilities  and  any  power  or  energy
   created by such renewable generation facilities
 
   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
 28 to read as follows:
   §  28.  NEW YORK POWER AUTHORITY RIGHT OF FIRST OFFER AND REFUSAL. THE
 NEW YORK POWER AUTHORITY, AS ESTABLISHED BY TITLE ONE OF ARTICLE FIVE OF
 THE PUBLIC AUTHORITIES LAW, SHALL BE ALLOWED TO MATCH THE PURCHASE PRICE
 OF  ANY  RENEWABLE  GENERATION  FACILITY,  RENEWABLE  ENERGY  GENERATION
 PROJECT AND ANY POWER OR ENERGY CREATED BY A RENEWABLE GENERATION FACIL-
 ITY  OR RENEWABLE ENERGY GENERATION PROJECT, AT THE TIME OF SALE OF SUCH
 FACILITY OR PROJECT. IN THE EVENT THAT THE AUTHORITY  DECIDES  TO  MATCH
 AND  OFFER  SUCH  PURCHASE PRICE, WITHIN THE TIMEFRAMES PROVIDED IN THIS
 SECTION, THE AUTHORITY SHALL ASSUME THE ROLE OF THE  SOLE  PURCHASER  OF
 THE  RENEWABLE  GENERATION FACILITY, RENEWABLE ENERGY GENERATION PROJECT
 OR ANY POWER OR ENERGY CREATED BY A  RENEWABLE  GENERATION  FACILITY  OR
 RENEWABLE  ENERGY  GENERATION PROJECT.   IN THE EVENT THAT THE AUTHORITY
 DECIDED TO EXERCISE THE RIGHT OF FIRST OFFER, IT SHALL MAKE  SUCH  OFFER
 WITHIN  THIRTY  DAYS  AFTER  THE  NOTICE  OF SALE FOR A RENEWABLE ENERGY
 GENERATIONS PROJECT OR RENEWABLE GENERATION FACILITY  WITH  A  NAMEPLATE
 CAPACITY  OF LESS THAN TWENTY-FIVE MEGAWATTS AND WITHIN SIXTY DAYS FOR A
 RENEWABLE ENERGY GENERATION PROJECT  OR  RENEWABLE  GENERATION  FACILITY
 WITH A NAMEPLATE CAPACITY LARGER THAN TWENTY-FIVE MEGAWATTS.
   §  2.  Nothing in this act is intended to limit, impair, or affect the
 legal authority of the power authority of the state of  New  York  under
 any  other  provision  of title 1 of article 5 of the public authorities
 law.
   § 3. This act shall take effect immediately.
 
              

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