A 5404 New York Assembly · 2025 Regular Session

Relates to the municipal sustainable energy loan program

Summary

Relates to the municipal sustainable energy loan program regarding qualifying water improvements, qualifying resiliency improvements and, in a city with a population of one million or more, the use of low carbon intensity building components.

Issues: ✓ Energy ✓ Environment

Bill status passed both 4 of 5 stages cleared

Introduction

Feb 2025

Committee Review

Jun 2026

Assembly Passage

Jun 2026

Senate Passage

Jun 2026

Governor

Introduced Feb 13, 2025 Last action Jun 4, 2026

Maddy AI version diff · 3 comparisons

What changed between versions

A5404B → A5404C · 6 edits

MODERATE

The bill was amended to expand who can receive loans and clarify the scope of eligible projects. The most significant change is that loans for water, resiliency, and low-carbon building improvements are now limited to commercial properties in large cities (population of one million or more), whereas previously they were available to all property owners. Additionally, the bill's sponsor list was updated to include several new legislators.

Scope change

The scope of eligible properties for specific loan categories (water, resiliency, and low-carbon components) was narrowed to commercial properties in cities with a population of one million or more.

ELIGIBILITY

Loans for water improvements, resiliency improvements, and low-carbon building components are now restricted to commercial property owners in cities with a population of one million or more, rather than all property owners.

Loans for renewable energy systems and energy efficiency measures remain available to all property owners.

DEFINITION

The definition of 'feasibility study' was updated to explicitly include evaluations for low-carbon building components in large cities.

The definition of 'energy efficiency improvement' was updated to remove specific examples like window replacement and insulation, focusing instead on cost-effectiveness criteria.

New definitions were added for 'Authority' and 'Credit support' to clarify the roles of state agencies and financial instruments.

REQUIREMENT

The bill text was updated to reflect that municipalities 'could' provide loans for the new restricted categories, changing the tone from a mandatory requirement to a permissive option.

Floor votes · Senate Jun 4, 2026 · Assembly Jun 4, 2026

How they voted

47–13

Passed · 3 other

Total votes 63

Jun 4, 2026

D Democratic41

38 Yea 3

92% Yea

R Republican22

9 Yea 13 Nay

59% Nay

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 4, 2026

Upper · Passed

PASSED SENATE

upper

Jun 4, 2026

Committee

REFERRED TO RULES

upper

Jun 4, 2026

Lower · Passed

PASSED ASSEMBLY

lower

Jun 3, 2026

Committee

REPORTED REFERRED TO RULES

lower

Jun 2, 2026

Committee

REFERENCE CHANGED TO WAYS AND MEANS

lower

Jun 1, 2026

Lower · Passed

PRINT NUMBER 5404C

lower

Jun 1, 2026

Lower · Passed

AMEND AND RECOMMIT TO ENERGY

lower

Jan 7, 2026

Committee

REFERRED TO ENERGY

lower

May 15, 2025

Lower · Passed

PRINT NUMBER 5404B

lower

May 15, 2025

Lower · Passed

AMEND AND RECOMMIT TO ENERGY

lower

May 7, 2025

Lower · Passed

PRINT NUMBER 5404A

lower

May 7, 2025

Lower · Passed

AMEND AND RECOMMIT TO ENERGY

lower

Feb 13, 2025

Committee

REFERRED TO ENERGY

lower

1 primary · 27 co-sponsors