Capping renewable energy credits to 10% of a building’s electricity emissions in excess of its limit.
Introduced
Moved
Reached a final decision
Introduced Jan 29, 2026
Derived from the official record below.
Officially: “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” Read the full text
Housing and Buildings
What it does
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 written by City Council staff, from the official record. Plain-language AI rewrite with cited sections coming. Not legal advice.
Where it is
Referred to Comm by Council · Jan 29, 2026
Introduced by Council · Jan 29, 2026
Who decides next
This bill sits with the Housing and Buildings committee. These members decide whether it ever reaches a vote; 99% of bills a committee approves become law.
Pierina Ana Sanchez · chairCarl WilsonCrystal HudsonKevin C. RileyNantasha M. WilliamsOswald J. FelizRita C. JosephShaun AbreuSusan ZhuangVirginia MaloneyYusef Salaam
Official documents
Summary of Int. No. 159
officialInt. No. 159
officialJanuary 29, 2026 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 1-29-26
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
14
sponsors on the bill
Sponsors
Carmen N. De La RosaLincoln RestlerFarah N. LouisCrystal HudsonShahana K. HanifChristopher MarteSandy NurseJustin E. SanchezTiffany L. CabánAlexa AvilésJennifer GutiérrezHarvey D. EpsteinShaun AbreuGale A. Brewer
Who is lobbying on this
New York Communities For Change, Inc.via New York Communities For Change, Inc. · Public, Community Interest & Not-for-profit Organization
3 filingsNYS Latino Restaurant, Bar and Lounge Association Inc.via CMW Strategies LLC · Entertainment & Sports
1 filingFrom 4 City Clerk eLobbyist filings naming this bill (2026). Filings are self-reported by lobbying firms and show who is paid to influence this bill. They do not say which side, or whether it worked.
Every fact on this page links to its source, starting with the official bill record. Last action: Introduced by Council (Jan 29, 2026).