New York S 2474: Enacts the "H2 energy scale up act"

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S02474 Summary:

BILL NOS02474A

&nbsp

SAME ASNo Same As

&nbsp

SPONSORPARKER

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §1854, Pub Auth L

&nbsp

Enacts the "H2 energy scale up act"; authorizes the New York state energy research and development authority to administer a program to provide funds related to enabling clean hydrogen projects.

Go to top S02474 Actions:

BILL NOS02474A

&nbsp

01/21/2025REFERRED TO ENERGY AND TELECOMMUNICATIONS

02/10/2025AMEND AND RECOMMIT TO ENERGY AND TELECOMMUNICATIONS

02/10/2025PRINT NUMBER 2474A

02/25/2025REPORTED AND COMMITTED TO FINANCE

01/07/2026REFERRED TO ENERGY AND TELECOMMUNICATIONS

05/13/2026REPORTED AND COMMITTED TO FINANCE

Go to topS02474 Committee&nbspVotes:

Go to topS02474 Floor&nbspVotes:

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

Go to topS02474 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2474--A

 2025-2026 Regular Sessions

 IN SENATE

 January 21, 2025
 ___________

 Introduced by Sen. PARKER -- read twice and ordered printed, and when
 printed to be committed to the Committee on Energy and Telecommuni-
 cations -- committee discharged, bill amended, ordered reprinted as
 amended and recommitted to said committee

 AN ACT to amend the public authorities law, in relation to authorizing
 the New York state energy research and development authority to admin-
 ister a program to provide funds related to enabling clean hydrogen
 projects

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

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "H2 energy scale up act".
 3 § 2. Section 1854 of the public authorities law is amended by adding a
 4 new subdivision 27 to read as follows:
 5 27. (a) To administer a program, using funds provided for such
 6 purpose, to provide grants, loans or other services, based on standards
 7 and guidelines established by the authority, or any other entity author-
 8 ized by law to award such funding, for the costs related to the demon-
 9 stration or scale up of the production, processing, delivery, storage,
 10 or end use of clean hydrogen. The primary purpose of such funding shall
 11 be to aid the conversion or retrofitting of fossil fuel facilities,
 12 functioning and nonfunctioning, to improve the completion and expedition
 13 of green and pink hydrogen projects. Such standards and guidelines shall
 14 include, but not be limited to, an evaluation of (i) the clean energy
 15 supply and the balance of green hydrogen projects and pink hydrogen
 16 projects, (ii) whether the hydrogen project will yield hourly matching,
 17 and (iii) whether the deliverability of a project supports substantial
 18 deployment of clean energy in this decade while being efficiently and
 19 responsibly interconnected to the current generation systems. Projects
 20 shall be approved by the authority prior to completion in order to
 21 receive the funds authorized by this subdivision. A participating entity

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD06643-02-5

 S. 2474--A 2

 1 shall only continue to receive funding if it meets the completion and
 2 effectiveness and efficiency requirements established by the authority.
 3 (b) (i) No later than December thirty-first, two thousand twenty-six,
 4 and annually thereafter, each participating entity shall report to the
 5 authority on the completion of its clean hydrogen project and the effi-
 6 ciency of its scale up.
 7 (ii) No later than April first, two thousand twenty-seven, and annual-
 8 ly thereafter, the authority shall report to the governor, the temporary
 9 president of the senate, the speaker of the assembly, the chair of the
 10 senate energy and telecommunications committee and the chair of the
 11 assembly energy committee on the results of such program including the
 12 information provided to the authority in subparagraph (i) of this para-
 13 graph, any funds disbursed, projects completed and the effectiveness and
 14 efficiency of such projects. Information on the effectiveness of fund-
 15 ing and expediting each hydrogen project shall be based on year over
 16 year data starting after the first full cycle of