Enacts the "affordable clean energy (ACE) act" to exempt renewable energy systems from certain requirements, direct the New York Power Authority to.

The bill enacts the "affordable clean energy (ACE) act" with three main components. Part A exempts renewable energy systems from certain requirements related to energy facilities. Part B directs the New York Power Authority to propose a minimum of two priority transmission projects to address areas of highest need on the bulk transmission system. Part C exempts payment in lieu of taxes revenue from property tax cap calculations. The act aims to foster the development of renewable energy projects and expedite the deployment of necessary transmission infrastructure.

Enacts the "affordable clean energy (ACE) act" to exempt renewable energy systems from certain requirements, direct the New York Power Authority to.

The bill enacts the "affordable clean energy (ACE) act" with three main components. Part A exempts renewable energy systems from certain requirements related to energy facilities. Part B directs the New York Power Authority to propose a minimum of two priority transmission projects to address areas of highest need on the bulk transmission system. Part C exempts payment in lieu of taxes revenue from property tax cap calculations. The act aims to foster the development of renewable energy projects and expedite the deployment of necessary transmission infrastructure.