Requires financial security for reclamation for solar and wind electric generating systems

New York's Senate Bill A 10321 requires solar and wind energy companies to provide financial security - such as bonds from licensed sureties - before receiving permits for their projects. This security must cover the estimated cost of restoring land after the project ends and remains in effect until reclamation is approved by the commission or office. Companies must replace canceled security within 30 days, and remain personally liable for any reclamation costs not covered by the security. Government entities like municipalities are exempt from these requirements.