Local law · Int 0159-2026
Capping renewable energy credits to 10% of a building’s electricity emissions in excess of its limit
Official titleShow
A Local Law to amend the administrative code of the city of New York, in relation to capping renewable energy credits to 10% of a building’s electricity emissions in excess of its limit
The heading above is this same sentence with its legal opening removed. No words were added, changed or reordered.
New York City Council
Summary
This bill would limit the deduction a building owner can take due to the purchase of renewable energy credits in order to comply with Local Law 97 of 2019. A building would be limited to using RECs to offset any excess of its annual building emissions limits for up to 10% of the building’s electricity emissions.
Summary from NYC Council (Legistar). How we handle summaries
Introduced in conjunction with the Brooklyn Borough President.
From the NYC Council's legislative record (Legistar) and official rosters. This record was last updated Aug 1, 2026. About our data
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Where it stands
Assigned to a committee for review.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Committee on Housing and Buildings
Cosponsors
Lincoln Restler, Farah N. Louis and 11 others
Cosponsors in the order the New York City Council lists them.
- Democratic13
Shown in neutral colors by design; Agora is non-partisan.
- Lincoln Restler
- Farah N. Louis
- Crystal Hudson
- Shahana K. Hanif
- Christopher Marte
- Sandy Nurse
- Justin E. Sanchez
- Tiffany L. Cabán
- Alexa Avilés
- Jennifer Gutiérrez
- Harvey D. Epstein
- Shaun Abreu
Show the full list (13 names)Show fewer cosponsors
Full history
- Jan 29, 2026
Introduced
This Introduction was Introduced by Council
NYC Council
- Jan 29, 2026
Referred to committee
This Introduction was Referred to Comm by Council to the Committee on Housing and Buildings
NYC Council