S 5450: Establishes the zero-emission industrial trucks grant program to be administered by NYSERDA, to encourage the purchase and lease of zero-emission industrial trucks, class I to III.

  
  STATE OF NEW YORK ________________________________________________________________________ 5450 2025-2026 Regular Sessions  IN SENATE February 21, 2025 ___________ Introduced by Sens. COMRIE, MAY -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommu- nications AN ACT to amend the public authorities law, in relation to establishing the zero-emission industrial trucks grant program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public authorities law is amended by adding a new 2 section 1885 to read as follows: 3 § 1885. Zero-emission industrial trucks grant program. 1. There is 4 hereby established a zero-emission industrial trucks grant program to be 5 administered by the authority, in conjunction with the empire state 6 development corporation. 7 2. For the purposes of this section, "zero-emission industrial truck" 8 shall mean a class I, class II or class III industrial truck that 9 produces no criteria pollutant, toxic air contaminant, or greenhouse gas 10 emissions when stationary or operating. 11 3. The purpose of such program shall be to provide an incentive and 12 financial assistance for businesses and corporations to purchase or 13 lease zero-emission industrial trucks, class I to III, and reduce their 14 carbon footprint. 15 4. (a) The authority shall set criteria for eligibility for grant 16 awards. Those eligible to purchase or lease zero-emission industrial 17 trucks, class I to III, and who apply shall be eligible for grant awards 18 under such program. Grants awarded pursuant to this section shall be 19 used solely for the purpose of purchasing or leasing zero-emission 20 industrial trucks, class I to III. 21 (b) Grant amounts shall be determined by the authority based on vehi- 22 cle type, energy source, and vehicle weight class, but shall not be less 23 than ten percent of the cost of the zero-emission industrial trucks 24 purchased or leased. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01779-01-5 
 S. 5450 2 1 (c) Such criteria in paragraph (a) of this subdivision shall include 2 requirements that to be eligible for such grants the zero-emission 3 industrial trucks and the components and parts thereof shall be produced 4 or made in whole or substantial part in the United States, its territo- 5 ries, or possessions and that the final assembly of such zero-emission 6 trucks shall occur in the United States, its territories, or 7 possessions. 8 5. The zero-emission industrial trucks grant program shall be funded 9 through the annual appropriation of the legislature or any other funds 10 received by the state for the purposes of this section, including but 11 not limited to funds administered in the clean energy fund. Grants shall 12 only be awarded based upon the availability of funds. 13 § 2. This act shall take effect immediately.