Bill A 7308 establishes a tax credit for producers of sustainable aviation fuel (SAF) sold in the state for flights departing within the state. Starting January 1, 2025, producers can claim $1 per gallon, increasing by two cents for each additional one percent reduction in carbon dioxide emissions above 50%, up to a maximum of $2 per gallon. To be eligible, producers must obtain a certificate from the New York State Energy Research and Development Authority (NYSERDA). The bill defines SAF as liquid fuel derived from renewable or waste sources, excluding palm or petroleum, that achieves at least a 50% lifecycle greenhouse gas emission reduction. The total amount of tax credits issued annually is capped at $30 million, and any credit exceeding a taxpayer's liability will be refunded.
This bill amends New York's definition of eligible vehicles for climate smart community projects. It specifies that eligible vehicles must have "up to four wheels" (excluding larger vehicles like trucks or buses). The bill also sets rebate amounts between $2,500 and $5,500 per vehicle, based on electric range and estimated greenhouse gas reductions compared to gas vehicles. This directly affects residents and businesses purchasing qualifying smaller electric vehicles for climate initiatives under state programs.
Creates a revolving loan fund through the New York state energy research and development authority for the purpose of building renewable energy storage systems scaled to function as microgrids to power housing owned by the New York city housing authority.
Prohibits utility companies from certain replevin actions; provides that the continued provision of all or any part of gas, electric and steam service to all residential and commercial customers without unreasonable qualifications or lengthy delays is necessary for the preservation of the health and general welfare and is in the public interest; establishes the seizure of electric, gas, or steam meters is against the public interest.
S 4104 amends New York's tax law to expand eligibility for the green building tax credit by explicitly including residential buildings as qualifying structures. This change directly affects homeowners and developers constructing new residential green buildings who previously may have faced eligibility barriers. The bill modifies Section 19 of the tax law to add "any residential building" to the list of eligible structures, while maintaining existing restrictions on construction in certain wetlands requiring federal or state permits. The policy change simplifies access to the tax credit for residential green building projects without altering the credit's value or application process.
S 8237 modifies the Green Jobs-Green New York program's on-bill financing for energy efficiency upgrades. It sets maximum loan amounts at $13,000 for residential properties and $26,000 for non-residential properties, with higher limits up to $50,000 if the payback period is 15 years or less. The bill requires the state to record a property declaration for these loans, ensuring the on-bill charge transfers with the property upon sale and mandates sellers to notify buyers about outstanding balances. The original property owner remains responsible for payments if the buyer does not formally assume the debt in writing.
Provides that a vehicle or a combination of vehicles operated by an engine fueled primarily by means of natural gas, propane gas, or hydrogen or powered primarily by means of electric battery power may exceed certain weight limits by up to two thousand pounds.
Ensures zero-emission school buses and major components thereof are manufactured and assembled within the United States; provides for waivers of zero-emission school bus requirements in certain circumstances.
This bill amends New York's tax law to include residential buildings as eligible for the green building tax credit. It directly affects homeowners and developers constructing residential properties who may now qualify for this tax incentive. The key change adds "any residential building" to the list of eligible structures under the tax credit program, removing previous restrictions that excluded them. This adjustment simplifies eligibility by expanding the definition of qualifying buildings under the existing tax credit framework.
Establishes the nine member distributed generation for community solar siting commission to examine the reasons for delays in the siting of community solar projects, identify those causes and examine solutions to accelerate development; makes related provisions.
