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Bill

S 6073

Establishes an energy reserve fund for school districts and boards of cooperative educational services

2025 Regular Session Introduced by Patrick Gallivan and 3 co-sponsors

Creates a dedicated energy reserve fund for New York school districts and BOCES to stabilize energy costs and fund efficiency, resilience, and related projects.

REFERRED TO EDUCATION
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Bill Summary · S 6073

Summary of S 6073: Establishes an energy reserve fund for school districts and boards of cooperative educational services

Overview

S 6073 is a New York State Senate bill introduced on March 5, 2025. It would establish a dedicated energy reserve fund for school districts and boards of cooperative educational services (BOCES). The bill was REFERRED TO EDUCATION, indicating it is in the early stages of the legislative process.

Purpose and Intent

  • Create a dedicated fund to support energy-related needs of school districts and BOCES.
  • Provide a mechanism to manage and stabilize energy costs, invest in energy efficiency and resilience, and address energy-related financial challenges within districts and BOCES.

Key Provisions (high-level, as detailed text not provided)

  • Establishment of an energy reserve fund designated for use by school districts and BOCES.
  • Definitions and eligibility criteria for participating districts and BOCES.
  • Funding sources and appropriations to the fund (specific sources, levels, and matching requirements are not indicated in the available information).
  • Authorized uses of the fund (e.g., addressing energy costs, financing energy efficiency projects, resilience measures, and related energy initiatives).
  • Governance and administration (e.g., management by a state education agency or designated authority; reporting requirements; investment guidelines).
  • Oversight, auditing, and reporting obligations to ensure transparency and accountability.
  • Effective date and any sunset or renewal provisions (not specified in the available details).

Affected Entities

  • School districts and boards of cooperative educational services (BOCES) within the state.

Procedural and Timeline Aspects

  • Status: Referred to Education (committee stage) as of March 5, 2025.
  • No further actions or amendments are listed in the provided information; typical next steps would include committee hearings, potential amendments, and floor votes.

Related Legislation

  • Prior-session bills with similar themes or provisions include S 3642, S 1092, S 517, S 6933, S 8448, S 545, S 3005, S 4062, and S 7960. These references suggest ongoing interest in energy-related funding or reserve mechanisms for educational entities.

Potential Impact

  • If enacted, the energy reserve fund could help stabilize and manage energy costs for districts and BOCES, fund energy efficiency upgrades, and enhance resilience against energy supply disruptions.
  • Could influence budget planning, capital investments, and long-term energy procurement strategies for participating districts.
  • Actual impact will depend on final statutory text, funding levels, eligible uses, governance structure, and reporting requirements established in the enacted version.

Note: The available information does not include the bill’s full text or specific provisions. Readers should review the official bill language for precise definitions, eligible uses, funding mechanisms, and administrative details once released.

Compiled from official sources — confirm details with the bill’s official record.

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