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S1986 • 2025

Extends the time period for recovery of energy performance contract costs incurred by school districts

Extends the time period for recovery of energy performance contract costs incurred by school districts

Education Energy
Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Pete Harckham
Last action
2026-06-02
Official status
Passed Assembly
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Extends the time period for recovery of energy performance contract costs incurred by school districts

Extends the time period for recovery of energy performance contract costs incurred by school districts Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.

What This Bill Does

  • Extends the time period for recovery of energy performance contract costs incurred by school districts Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-06-02 Assembly

    SUBSTITUTED FOR A6318

  2. 2026-06-02 Assembly

    ORDERED TO THIRD READING RULES CAL.342

  3. 2026-06-02 Assembly

    PASSED ASSEMBLY

  4. 2026-06-02 Assembly

    RETURNED TO SENATE

  5. 2026-06-01 Senate

    PASSED SENATE

  6. 2026-06-01 Senate

    DELIVERED TO ASSEMBLY

  7. 2026-06-01 Assembly

    REFERRED TO WAYS AND MEANS

  8. 2026-05-21 Senate

    ADVANCED TO THIRD READING

  9. 2026-05-20 Senate

    2ND REPORT CAL.

  10. 2026-05-19 Senate

    1ST REPORT CAL.1201

  11. 2026-02-26 Senate

    REPORTED AND COMMITTED TO FINANCE

  12. 2026-01-07 Assembly

    DIED IN ASSEMBLY

  13. 2026-01-07 Assembly

    RETURNED TO SENATE

  14. 2026-01-07 Senate

    REFERRED TO EDUCATION

  15. 2025-06-09 Senate

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

  16. 2025-06-09 Senate

    ORDERED TO THIRD READING CAL.1681

  17. 2025-06-09 Senate

    PASSED SENATE

  18. 2025-06-09 Senate

    DELIVERED TO ASSEMBLY

  19. 2025-06-09 Assembly

    REFERRED TO EDUCATION

  20. 2025-05-06 Senate

    REPORTED AND COMMITTED TO FINANCE

  21. 2025-01-14 Senate

    REFERRED TO EDUCATION

Official Summary Text

Extends the time period for recovery of energy performance contract costs incurred by school districts
Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.

Current Bill Text

Read the full stored bill text 
S T A T E   O F   N E W   Y O R K
        ________________________________________________________________________

                                          1986

                               2025-2026 Regular Sessions

                                    I N  S E N A T E

                                    January 14, 2025
                                       ___________

        Introduced  by Sens. HARCKHAM, HOYLMAN-SIGAL, JACKSON, MAY -- read twice
          and ordered printed, and when printed to be committed to the Committee
          on Education

        AN ACT to amend the education law, in relation  to  extending  the  time
          period  for  guaranteed  recovery of energy performance contract costs
          from energy savings incurred by school districts

          THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
        BLY, DO ENACT AS FOLLOWS:

     1    Section  1. Subclause C of clause (i) of subparagraph 5 of paragraph i
     2  of subdivision 6 of section 3602 of the education  law,  as  amended  by
     3  section  1  of  part F of chapter 383 of the laws of 2001, is amended to
     4  read as follows:
     5    C. The energy  performance  contractor  shall  guarantee  recovery  of
     6  contract  costs  from  energy  savings  realized  by the school district
     7  during the term of the energy  performance  contract,  which  shall  not
     8  exceed [eighteen] TWENTY-FIVE years.
     9    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD04732-01-5