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Senate bill · S1986 (2025-26)

Extends the time period for recovery of energy performance contract costs incurred by school districts

New York State Senate

Same as A6318, the matching bill in the Assembly.

Latest action Sep 28, 2026

Sponsor: Pete Harckham (State Senator, District 40, Democratic/Working Families)

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From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 28, 2026. About our data

Summary

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.

Summary from NY Open Legislation. How we handle summaries

Amends the Education Law.

Purpose, from the sponsor's memo

This would extend the time period for energy performance contracts from 18 to 25 years.

Filed with the bill. Read it on nysenate.gov (opens in a new tab)

Where it stands

Signed into law.

  1. Introduced
  2. In committee
  3. Up for a vote
  4. Passed one chamber
  5. Passed
  6. Enacted

Committee

Education · New York State Assembly

Also referred to Education · New York State Senate, Ways and Means · New York State Assembly.

Your position on this bill

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Cosponsors

The sponsor's argument

Why Pete Harckham says this is needed

Energy performance contracts have been a successful way for munici- palities and school districts to lower their costs while improving effi- ciency. Energy performance contracts use the projected savings from the performance contract to pay for the project, which is often significant- ly cheaper than the previous energy costs. Current state law requires that energy performance contracts-must guar- antee the recovery of contract costs from recovery savings during the term of the contract, which shall not exceed 18 years. This legislation would allow contracts to not exceed more than 25 years. Federal government allows for contracts up to 25 years. This would provide parity for school districts to take advantage of energy perform- ance contracts up to 25 years. Such a change would have numerous benefits such as energy efficiency and reducing operating costs. These contracts help schools avoid significant up front costs and allow for reinvestments over time. Furthermore, contracts usually result in reduced maintenance costs and reduce the number of emergency repairs.

This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.

Recorded votes

  • Vote: Floor vote

    NY SenateJun 1, 2026Result: passed

    (60) (0) (0) (3)
  • Vote: Committee vote · Finance

    Senate FinanceMay 19, 2026Result: passed

    (20) (0) (0) (2)
  • Vote: Committee vote · Education

    Senate EducationFeb 24, 2026Result: passed

    (13) (0) (0) (2)
  • Vote: Floor vote

    NY SenateJun 9, 2025Result: passed

    (62) (0) (0) (1)
  • Vote: Committee vote · Rules

    Senate RulesJun 9, 2025Result: passed

    (21) (0) (0) (0)
  • Vote: Committee vote · Education

    Senate EducationMay 6, 2025Result: passed

    (14) (0) (0) (0)

Full history

  1. Sep 28, 2026

    Signed

    SIGNED CHAP.310

    NY Senate

  2. Sep 22, 2026

    Sent to the executive

    DELIVERED TO GOVERNOR

    NY Senate

  3. Jun 2, 2026

    Ordered to Third Reading Rules CAL.342

    ORDERED TO THIRD READING RULES CAL.342

    NY Assembly

  4. Jun 2, 2026

    Passed a chamber

    PASSED ASSEMBLY

    NY Assembly

  5. Jun 2, 2026

    Reported out of committee

    REPORTED

    NY Assembly

Show full history (21 earlier events)
  1. Jun 2, 2026

    Substituted

    SUBSTITUTED FOR A6318

    NY Assembly

  2. Jun 1, 2026

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  3. Jun 1, 2026

    Passed a chamber

    PASSED SENATE

    NY Senate

  4. Jun 1, 2026

    Referred to committee

    REFERRED TO WAYS AND MEANS

    NY Assembly

  5. Jun 1, 2026

    Reported out of committee

    REPORTED REFERRED TO RULES

    NY Assembly

  6. May 30, 2026

    Reference Changed to Ways and Means

    REFERENCE CHANGED TO WAYS AND MEANS

    NY Assembly

  7. May 21, 2026

    Advanced to Third Reading

    ADVANCED TO THIRD READING

    NY Senate

  8. May 20, 2026

    2ND Report CAL.

    2ND REPORT CAL.

    NY Senate

  9. May 19, 2026

    1ST Report CAL.1201

    1ST REPORT CAL.1201

    NY Senate

  10. Feb 26, 2026

    Reported out of committee

    REPORTED AND COMMITTED TO FINANCE

    NY Senate

  11. Jan 7, 2026

    Died in Assembly

    DIED IN ASSEMBLY

    NY Assembly

  12. Jan 7, 2026

    Referred to committee

    REFERRED TO EDUCATION

    NY Senate

  13. Jan 7, 2026

    Referred to committee

    REFERRED TO EDUCATION

    NY Assembly

  14. Jun 9, 2025

    In committee

    COMMITTEE DISCHARGED AND COMMITTED TO RULES

    NY Senate

  15. Jun 9, 2025

    Sent to the executive

    DELIVERED TO ASSEMBLY

    NY Senate

  16. Jun 9, 2025

    Ordered to Third Reading CAL.1681

    ORDERED TO THIRD READING CAL.1681

    NY Senate

  17. Jun 9, 2025

    Passed a chamber

    PASSED SENATE

    NY Senate

  18. Jun 9, 2025

    Referred to committee

    REFERRED TO EDUCATION

    NY Assembly

  19. May 6, 2025

    Reported out of committee

    REPORTED AND COMMITTED TO FINANCE

    NY Senate

  20. Mar 4, 2025

    Referred to committee

    REFERRED TO EDUCATION

    NY Assembly

  21. Jan 14, 2025

    Referred to committee

    REFERRED TO EDUCATION

    NY Senate

Read the record