Capping renewable energy credits to 10% of a building’s electricity emissions in excess of its limit.
Introduced
Moved
Reached a final decision
Introduced Feb 13, 2025
Official status: Filed (End of Session)
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
Introduced by Council · Feb 13, 2025
Referred to Comm by Council · Feb 13, 2025
Filed (End of Session) · Dec 31, 2025
Official documents
Summary of Int. No. 1180
officialInt. No. 1180
officialFebruary 13, 2025 - Stated Meeting Agenda
officialHearing Transcript - Stated Meeting 2-13-25
officialStraight from the Council record: fiscal impact statements, committee reports, and hearing transcripts as filed.
The numbers
23
sponsors on the bill
Sponsors
Carmen N. De La RosaLincoln RestlerTiffany L. CabánFarah N. LouisChristopher MarteAlexa AvilésShahana K. HanifChris BanksOswald J. FelizChi A. OsséSandy NurseCrystal HudsonShekar KrishnanRita C. JosephPierina Ana SanchezErik D. BottcherJennifer GutiérrezJustin L. BrannanDiana I. AyalaShaun AbreuJulie MeninHarvey D. EpsteinPublic Advocate Jumaane Williams
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
8 filingsThe Alliance for a Greater New York, Inc.via The Alliance for a Greater New York, Inc. · Environment & Natural Resources
3 filingsNew York City Environmental Justice Alliance, Inc.via New York City Environmental Justice Alliance, Inc. · Public, Community Interest & Not-for-profit Organization
1 filingNew York Lawyers for the Public Interest, Inc.via New York Lawyers for the Public Interest, Inc. · Law
1 filingFrom 13 City Clerk eLobbyist filings naming this bill (2025). 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: Filed (End of Session) (Dec 31, 2025).