Bill Text: NY A07611 | 2009-2010 | General Assembly | Amended
Bill Title: Authorizes counties, cities, towns and villages to establish green loans programs to provide financing to residential property owners for the purchase and installation of solar energy generating systems and/or wind energy generating systems on such property, and/or for the costs of the performance of an energy efficiency analysis of the dwelling on such property and the completion of energy efficiency improvements upon such dwelling by a licensed contractor; such loans shall be repaid from an annual tax levy on the property; a property owner shall be eligible for only one such loan.
Spectrum: Partisan Bill (Democrat 32-1)
Status: (Introduced - Dead) 2010-01-06 - referred to energy [A07611 Detail]
Download: New_York-2009-A07611-Amended.html
S T A T E O F N E W Y O R K
________________________________________________________________________
7611--B
2009-2010 Regular Sessions
I N A S S E M B L Y
April 17, 2009
___________
Introduced by M. of A. ENGLEBRIGHT, BOYLAND, EDDINGTON, COOK, JAFFEE,
COLTON, REILLY, MAISEL, CASTRO, GUNTHER, PHEFFER, STIRPE, BARRON,
MILLMAN, ESPAILLAT, HOOPER, ROSENTHAL -- Multi-Sponsored by -- M. of
A. CAHILL, GABRYSZAK, GLICK, GORDON, GOTTFRIED, MAYERSOHN, PEOPLES,
SCHIMEL, TITONE, WEISENBERG -- read once and referred to the Committee
on Energy -- committee discharged, bill amended, ordered reprinted as
amended and recommitted to said committee -- reported and referred to
the Committee on Ways and Means -- committee discharged, bill amended,
ordered reprinted as amended and recommitted to said committee
AN ACT to amend the general municipal law, in relation to establishing
the green loans program to provide financing for the purchase and
installation of residential solar and wind energy generating systems,
and for the performance of improvements to improve the energy effi-
ciency of residential dwellings
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. The general municipal law is amended by adding a new
2 section 96-c to read as follows:
3 S 96-C. GREEN LOANS PROGRAM. 1. FOR THE PURPOSES OF THIS SECTION, THE
4 FOLLOWING TERMS SHALL HAVE THE FOLLOWING DEFINITIONS:
5 A. "MUNICIPALITY" MEANS A COUNTY, CITY, TOWN OR VILLAGE.
6 B. "RESIDENTIAL REAL PROPERTY" MEANS REAL PROPERTY HAVING AN OWNER
7 OCCUPIED DWELLING UNIT THEREON.
8 C. "RESIDENTIAL SOLAR ENERGY GENERATING SYSTEM" MEANS AN ARRANGEMENT
9 OR COMBINATION OF COMPONENTS INSTALLED ON RESIDENTIAL REAL PROPERTY THAT
10 UTILIZES SOLAR RADIATION TO PRODUCE ENERGY DESIGNED TO PROVIDE HEATING,
11 COOLING, HOT WATER AND/OR ELECTRICITY. SUCH TERM SHALL NOT INCLUDE
12 EQUIPMENT THAT IS PART OF A NON-SOLAR ENERGY SYSTEM.
13 D. "RESIDENTIAL WIND ENERGY GENERATING SYSTEM" MEANS AN ARRANGEMENT OR
14 COMBINATION OF COMPONENTS INSTALLED ON RESIDENTIAL REAL PROPERTY,
15 INCLUDING POWER CONDITIONING EQUIPMENT, DESIGNED TO PROVIDE ELECTRICITY
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD10395-11-9
A. 7611--B 2
1 OR MECHANICAL ENERGY THROUGH THE PROCESS OF CONVERTING WIND ENERGY INTO
2 MECHANICAL AND/OR ELECTRIC ENERGY, AND STORING OR DISTRIBUTING SUCH
3 ENERGY.
4 2. THE GOVERNING BODY OF ANY MUNICIPALITY MAY, BY LOCAL LAW OR ORDI-
5 NANCE, ESTABLISH A GREEN LOANS PROGRAM PURSUANT TO THIS SECTION USING
6 MONIES MADE AVAILABLE FROM FEDERAL GRANTS AND OTHER MONIES THAT MAY BE
7 USED FOR THE PURPOSES OF THIS PROGRAM. SUCH A PROGRAM SHALL PROVIDE
8 MUNICIPAL LOANS AND FINANCING TO OWNERS OF RESIDENTIAL REAL PROPERTY
9 WITHIN SUCH MUNICIPALITY FOR ALL COSTS OR ANY PORTION OF THE COSTS OF
10 PURCHASING AND INSTALLING A RESIDENTIAL SOLAR ENERGY GENERATING SYSTEM
11 AND/OR A RESIDENTIAL WIND ENERGY SYSTEM UPON THE RESIDENTIAL REAL PROP-
12 ERTY; AND/OR THE COSTS OF THE PERFORMANCE OF AN ENERGY EFFICIENCY ANALY-
13 SIS OF THE DWELLING UPON RESIDENTIAL REAL PROPERTY AND THE COMPLETION OF
14 ENERGY EFFICIENCY IMPROVEMENTS UPON SUCH DWELLING BY A CERTIFIED
15 CONTRACTOR.
16 3. EACH SUCH LOCAL LAW OR ORDINANCE SHALL PROVIDE FOR THE TERMS AND
17 CONDITIONS FOR THE AWARDING AND REPAYMENT OF LOANS AND FINANCING FOR
18 RESIDENTIAL SOLAR ENERGY GENERATING SYSTEMS AND RESIDENTIAL WIND ENERGY
19 SYSTEMS; PROVIDED, THAT ALL SUCH LOANS AND FINANCING SHALL BE REPAID BY
20 MEANS OF TWENTY EQUAL, ANNUAL CHARGES IMPOSED UPON THE SUBJECT RESIDEN-
21 TIAL REAL PROPERTY AT THE SAME TIME OTHER MUNICIPAL REAL PROPERTY TAXES
22 ARE IMPOSED. EVERY LOAN ISSUED PURSUANT TO THIS SECTION SHALL BE SUBJECT
23 TO A FIXED RATE OF INTEREST ESTABLISHED AT THE TIME OF THE GRANTING OF
24 SUCH LOAN.
25 4. EACH SUCH LOCAL LAW OR ORDINANCE SHALL PROVIDE FOR THE TERMS AND
26 CONDITIONS FOR THE AWARDING AND REPAYMENT OF LOANS AND FINANCING FOR THE
27 PERFORMANCE OF ENERGY EFFICIENCY ANALYSES OF DWELLINGS UPON RESIDENTIAL
28 REAL PROPERTY AND THE COMPLETION OF ENERGY EFFICIENCY IMPROVEMENTS UPON
29 SUCH DWELLINGS BY LICENSED CONTRACTORS; PROVIDED, THAT ALL SUCH LOANS
30 AND FINANCING SHALL BE REPAID AT AN ANNUAL RATE EQUAL TO THE ANNUAL
31 ENERGY SAVINGS TO THE OWNER OF THE RESIDENTIAL REAL PROPERTY AS A RESULT
32 OF THE ENERGY EFFICIENCY IMPROVEMENTS PERFORMED WITH THE PROCEEDS OF
33 THE LOANS OR FINANCING AND SHALL BE PAID AT THE SAME TIME OTHER MUNICI-
34 PAL REAL PROPERTY TAXES ARE IMPOSED. EVERY LOAN ISSUED PURSUANT TO THIS
35 SECTION SHALL BE SUBJECT TO A FIXED RATE OF INTEREST ESTABLISHED AT THE
36 TIME OF THE GRANTING OF SUCH LOAN.
37 5. A MUNICIPALITY SHALL NOT PROVIDE LOANS OR FINANCING PURSUANT TO
38 THIS SECTION TO AN OWNER OR OWNERS OF RESIDENTIAL REAL PROPERTY THAT
39 HAVE RECEIVED A LOAN OR FINANCING FROM ANOTHER MUNICIPALITY PURSUANT TO
40 THIS SECTION.
41 S 2. This act shall take effect immediately.
