New York S 1546: Relates to providing the New York power authority with the right of first offer and refusal

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S01546 Summary:

BILL NOS01546 

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SAME ASNo Same As

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SPONSORPARKER

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COSPNSRADDABBO, GIANARIS, HOYLMAN-SIGAL, SALAZAR, SANDERS

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MLTSPNSR

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Add §28, Pub Serv L

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Provides the New York power authority with the right of first offer and refusal for acquiring any renewable generation facility, renewable energy generation project and any power or energy created by a renewable generation facility or renewable energy generation project.

Go to top S01546 Actions:

BILL NOS01546 

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01/10/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

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There are no Assembly votes for this bill in this legislative session.

Go to topS01546 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1546

 2025-2026 Regular Sessions

 IN SENATE

 January 10, 2025
 ___________

 Introduced by Sens. PARKER, ADDABBO, GIANARIS, HOYLMAN-SIGAL, SALAZAR,
 SANDERS -- read twice and ordered printed, and when printed to be
 committed to the Committee on Energy and Telecommunications

 AN ACT to amend the public service law, in relation to providing the New
 York power authority with the right of first offer and refusal for
 certain renewable generation facilities and any power or energy
 created by such renewable generation facilities

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The public service law is amended by adding a new section
 2 28 to read as follows:
 3 § 28. New York power authority right of first offer and refusal. The
 4 New York power authority, as established by title one of article five of
 5 the public authorities law, shall be allowed to match the purchase price
 6 of any renewable generation facility, renewable energy generation
 7 project and any power or energy created by a renewable generation facil-
 8 ity or renewable energy generation project, at the time of sale of such
 9 facility or project. In the event that the authority decides to match
 10 and offer such purchase price, within the timeframes provided in this
 11 section, the authority shall assume the role of the sole purchaser of
 12 the renewable generation facility, renewable energy generation project
 13 or any power or energy created by a renewable generation facility or
 14 renewable energy generation project. In the event that the authority
 15 decided to exercise the right of first offer, it shall make such offer
 16 within thirty days after the notice of sale for a renewable energy
 17 generations project or renewable generation facility with a nameplate
 18 capacity of less than twenty-five megawatts and within sixty days for a
 19 renewable energy generation project or renewable generation facility
 20 with a nameplate capacity larger than twenty-five megawatts.
 21 § 2. Nothing in this act is intended to limit, impair, or affect the
 22 legal authority of the power authority of the state of New York under
 23 any other provision of title 1 of article 5 of the public authorities
 24 law.
 25 § 3. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD04518-01-5

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