New York S 5450: Establishes the zero emission industrial trucks grant program

Bill Text

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S05450 Summary:

BILL NOS05450 

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SAME ASSAME AS A01438

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SPONSORCOMRIE

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COSPNSRMAY

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MLTSPNSR

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Add §1885, Pub Auth L

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Establishes the zero-emission industrial trucks grant program to be administered by NYSERDA, to encourage the purchase and lease of zero-emission industrial trucks, class I to III.

Go to top S05450 Actions:

BILL NOS05450 

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02/21/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

Go to topS05450 Committee&nbspVotes:

Go to topS05450 Floor&nbspVotes:

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

Go to topS05450 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 5450

 2025-2026 Regular Sessions

 IN SENATE

 February 21, 2025
 ___________

 Introduced by Sens. COMRIE, MAY -- read twice and ordered printed, and
 when printed to be committed to the Committee on Energy and Telecommu-
 nications

 AN ACT to amend the public authorities law, in relation to establishing
 the zero-emission industrial trucks grant program

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

 1 Section 1. The public authorities law is amended by adding a new
 2 section 1885 to read as follows:
 3 § 1885. Zero-emission industrial trucks grant program. 1. There is
 4 hereby established a zero-emission industrial trucks grant program to be
 5 administered by the authority, in conjunction with the empire state
 6 development corporation.
 7 2. For the purposes of this section, "zero-emission industrial truck"
 8 shall mean a class I, class II or class III industrial truck that
 9 produces no criteria pollutant, toxic air contaminant, or greenhouse gas
 10 emissions when stationary or operating.
 11 3. The purpose of such program shall be to provide an incentive and
 12 financial assistance for businesses and corporations to purchase or
 13 lease zero-emission industrial trucks, class I to III, and reduce their
 14 carbon footprint.
 15 4. (a) The authority shall set criteria for eligibility for grant
 16 awards. Those eligible to purchase or lease zero-emission industrial
 17 trucks, class I to III, and who apply shall be eligible for grant awards
 18 under such program. Grants awarded pursuant to this section shall be
 19 used solely for the purpose of purchasing or leasing zero-emission
 20 industrial trucks, class I to III.
 21 (b) Grant amounts shall be determined by the authority based on vehi-
 22 cle type, energy source, and vehicle weight class, but shall not be less
 23 than ten percent of the cost of the zero-emission industrial trucks
 24 purchased or leased.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD01779-01-5

 S. 5450 2

 1 (c) Such criteria in paragraph (a) of this subdivision shall include
 2 requirements that to be eligible for such grants the zero-emission
 3 industrial trucks and the components and parts thereof shall be produced
 4 or made in whole or substantial part in the United States, its territo-
 5 ries, or possessions and that the final assembly of such zero-emission
 6 trucks shall occur in the United States, its territories, or
 7 possessions.
 8 5. The zero-emission industrial trucks grant program shall be funded
 9 through the annual appropriation of the legislature or any other funds
 10 received by the state for the purposes of this section, including but
 11 not limited to funds administered in the clean energy fund. Grants shall
 12 only be awarded based upon the availability of funds.
 13 § 2. This act shall take effect immediately.

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