New York 2023-2024 Regular Session

New York Senate Bill S08504 Latest Draft

Bill / Amended Version Filed 02/06/2024

   
  STATE OF NEW YORK ________________________________________________________________________ 8504--A Cal. No. 1581  IN SENATE February 6, 2024 ___________ Introduced by Sens. HARCKHAM, KRUEGER -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Tele- communications -- reported favorably from said committee and committed to the Committee on Finance -- committee discharged and said bill committed to the Committee on Rules -- ordered to a third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend the public authorities law, in relation to authorizing the New York state energy research and development authority to admin- ister a program to provide grants related to switching residences to electric heat pumps The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 1854 of the public authorities law is amended by 2 adding a new subdivision 27 to read as follows: 3 27. To administer a program, using funds provided for such purpose, to 4 provide grants or loans based on standards and guidelines established by 5 the authority, for the costs related to enabling switching residences 6 with propane or fuel-oil heating systems to efficient electric heat 7 pumps, including energy efficiency measures. 8 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13583-03-4