New York legislation · 2025-2026 General Assembly
New York S1986: Extends the time period for recovery of energy performance contract costs incurred by school districts
Status: Signed into law, September 28, 2026
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 the bill says
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.
From the introduced text, January 14, 2025:
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 ASSEMBLY, DO ENACT AS FOLLOWS: Section 1. Subclause C of clause (i) of subparagraph 5 of paragraph i of subdivision 6 of section 3602 of the education law, as amended by section 1 of part F of chapter 383 of the laws of 2001, is amended to read as follows: C. The energy performance contractor shall guarantee recovery of contract costs from energy savings realized by the school district during the term of the energy performance contract, which shall not exceed [eighteen] TWENTY-FIVE years. § 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
Sponsors
- Peter Harckham (D, 40) · primary sponsor
- Brad Hoylman-Sigal (D, 47)
- Robert Jackson (D, 31)
- Rachel May (D, 48)
- Julia Salazar (D, 18)
- Zellner, Jeremy (D, 61)
Latest actions
- : SIGNED CHAP.310
- : DELIVERED TO GOVERNOR
- : RETURNED TO SENATE
- : PASSED ASSEMBLY
- : ORDERED TO THIRD READING RULES CAL.342
- : SUBSTITUTED FOR A6318
- : REFERRED TO WAYS AND MEANS
- : DELIVERED TO ASSEMBLY
- : PASSED SENATE
- : ADVANCED TO THIRD READING
Votes
- FLOOR Vote (June 1, 2026): 60 yea, 0 nay, passed
- Senate Finance Committee: COMMITTEE Vote (May 19, 2026): 20 yea, 0 nay, passed
- Finance Committee Vote (May 19, 2026): 20 yea, 0 nay, passed
- Senate Education Committee: COMMITTEE Vote (February 24, 2026): 13 yea, 0 nay, passed
- Senate Education Committee (February 24, 2026): 13 yea, 0 nay, passed
- Senate Rules Committee: COMMITTEE Vote (June 9, 2025): 21 yea, 0 nay, passed
Subjects: Education Law
Common questions
- What is S1986?
- S1986 is a bill in the New York Legislature (2025-2026 General Assembly): Extends the time period for recovery of energy performance contract costs incurred by school districts.
- What does S1986 do?
- In its own words: 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.
- What is the status of S1986?
- Signed into law as of September 28, 2026. Latest action: SIGNED CHAP.310 (September 28, 2026).
- Who sponsored S1986?
- Peter Harckham (D, 40), with 5 co-sponsors.
- Where is the official record for S1986?
- On the New York Legislature website: https://www.nysenate.gov/legislation/bills/2025/S1986
Source: official New York record. Tracked by Delilah, AI for legislation across all 50 states and Congress.