Bill Text: NY A02167 | 2025-2026 | General Assembly | Introduced

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Bill Title: Relates to requiring businesses to meet certain green requirements to be eligible for the START-UP NY program; businesses operating in newly constructed buildings shall be powered by at least thirty-five percent alternative energy; businesses operating in already existing buildings shall utilize at least forty-five percent less electricity than neighboring businesses of similar size and business type.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2025-01-15 - referred to economic development [A02167 Detail]

Download: New_York-2025-A02167-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          2167

                               2025-2026 Regular Sessions

                   IN ASSEMBLY

                                    January 15, 2025
                                       ___________

        Introduced  by M. of A. RA -- read once and referred to the Committee on
          Economic Development

        AN ACT to amend the economic development law, in relation  to  requiring
          businesses  to  meet certain green requirements to be eligible for the
          START-UP NY program

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

     1    Section  1.  Subdivision  1 of section 433 of the economic development
     2  law is amended by adding a new paragraph (h) to read as follows:
     3    (h) If a business is or will be operating out of a  newly  constructed
     4  building  the  business shall demonstrate that it will, within its first
     5  year of operation as a  participant  in  the  START-UP  NY  program,  be
     6  powered  by  at  least thirty-five percent alternative energy including,
     7  but not limited to, wind energy, solar energy and geothermal energy.  If
     8  a  business is or will be operating out of an already existing building,
     9  such business shall, within its first year of operation as a participant
    10  in the START-UP NY program, utilize at  least  forty-five  percent  less
    11  electricity  than  neighboring  businesses  of similar size and business
    12  type who are not part of the START-UP NY program.
    13    § 2. This act shall take effect immediately.




         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD05653-01-5