New York S04361 amends the public authorities law to require approval from the New York State Public Authorities Control Board for energy-related.
New York S04361 amends the public authorities law to modify the approval process for energy-related projects proposed by specific public benefit corporations. The bill mandates that any application for approval of such projects must include the terms, conditions, and dates of repayment of state appropriations. The New York State Public Authorities Control Board must approve these applications, considering the sufficiency of funds and the consistency of the project with state energy and environmental policies.
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