Vote: Floor vote
NY SenateJun 4, 2026Result: passed
(47) (13) (0) (3)
Senate bill · S8237 (2025-26)
Relates to the green jobs-green New York program
Latest action Jun 4, 2026
New York State Senate
Summary
Relates to on-bill recovery loan agreements executed under the green jobs-green New York program.
Summary from NY Open Legislation. How we handle summaries
Amends the Public Authorities Law.
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 20, 2026. About our data
Following needs an Agora account. You will sign in first, then come back to this page.
Your position on this bill
Choose the position closest to yours. You'll sign in or create an account to save it.
Purpose, from the sponsor's memo
Section 1: Amends subdivision 2 (b) (ii) of PAL section 1896 to increase the maximum loan amount for residential properties from $25,000 to $50,000. This section also removes the payback period of up to 15 years for loans larger than $13,000 and requires that the payback period does not exceed the useful life of the energy efficiency measures installed. Section 2: Amends subdivision 5 (a) of PAL section 1896 to modify the transferability of loans to allow the loan to be voluntarily assumed by a subsequent purchaser of a property by written agreement, eliminating both the requirement for recording loans with these provisions and the costly fees, confusion and other issues that have arisen with such recordings and property transfers. Section 3: Amends paragraph (d) of subdivision (2) of PSL section 66-m to provide that the OBR loan charges shall survive changes in ownership if NYSERDA has recorded a declaration, pursuant to article nine of the real property law, with respect to the existence of an OBR loan. Section 4: Amends subdivision (4) to section 242 of the Real Property Law to modify the disclosure of OBR loan requirements to provide that notice is not necessary if the loan agreement provides that upon trans- fer of a property the purchaser is only responsible for OBR charges through written express assumption provided in the OBR loan agreement. Section 5: Provides that this act shall take effect immediately.
Filed with the bill. Read it on nysenate.gov (opens in a new tab)
Where it stands
Passed one of the two chambers; it still needs the other.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Energy · New York State Assembly
Also referred to Energy And Telecommunications · New York State Senate.
The sponsor's argument
Why Kevin S. Parker says this is needed
Costs for the installation of energy efficiency measures have increased substantially in the past few years, which has led homeowners to obtain an initial loan through the NYSERDA GJ-GNY Loan Program, and then a secondary loan, to cover the excess costs, further increasing the cost of customers`' energy efficiency and renewable energy projects. This amendment would provide more homeowners with the ability to fund their projects solely through a NYSERDA GJ-GNY loan, by allowing loans to cover the higher costs instead of seeking secondary funding. Addi- tionally, the current required recording process has led to delays in approval of on-bill recovery loans, has generally been ineffective, is costly and has led to confusion for prospective purchasers, mortgagees, title companies, and attorneys during the property sale process. These amendments will provide clarity and alleviate those costs.
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 11, 2025Result: passed
(54) (5) (0) (4)Vote: Committee vote · Rules
Senate RulesJun 9, 2025Result: passed
(18) (3) (0) (0)
Full history
- Jun 4, 2026
In committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
NY Senate
- Jun 4, 2026
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
- Jun 4, 2026
Ordered to Third Reading CAL.1724
ORDERED TO THIRD READING CAL.1724
NY Senate
- Jun 4, 2026
Passed a chamber
PASSED SENATE
NY Senate
- Jun 4, 2026
Referred to committee
REFERRED TO ENERGY
NY Assembly
Show full history (8 earlier events)Show less history
- Jan 7, 2026
Died in Assembly
DIED IN ASSEMBLY
NY Assembly
- Jan 7, 2026
Referred to committee
REFERRED TO ENERGY AND TELECOMMUNICATIONS
NY Senate
- Jun 11, 2025
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
- Jun 11, 2025
Passed a chamber
PASSED SENATE
NY Senate
- Jun 11, 2025
Referred to committee
REFERRED TO ENERGY
NY Assembly
- Jun 9, 2025
In committee
COMMITTEE DISCHARGED AND COMMITTED TO RULES
NY Senate
- Jun 9, 2025
Ordered to Third Reading CAL.1657
ORDERED TO THIRD READING CAL.1657
NY Senate
- May 27, 2025
Referred to committee
REFERRED TO ENERGY AND TELECOMMUNICATIONS
NY Senate