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Assembly Bill A7017

2009-2010 Legislative Session

Establishes the climate change solutions fund

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Archive: Last Bill Status - On Floor Calendar

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Bill Amendments

co-Sponsors

multi-Sponsors

2009-A7017 - Details

See Senate Version of this Bill:
S5641
Law Section:
Environmental Conservation Law
Laws Affected:
Amd §19-0301, En Con L; add §92-t, St Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: A1646, S1969
2013-2014: A186, S587
2015-2016: A5786

2009-A7017 - Summary

Establishes the climate change solutions fund.

2009-A7017 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  7017

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 18, 2009
                               ___________

Introduced  by M. of A. GIANARIS, SWEENEY, LUPARDO, ENGLEBRIGHT, COLTON,
  ROSENTHAL, JAFFEE, LIFTON, BOYLAND,  PAULIN,  GALEF,  KAVANAGH,  BING,
  SCHIMEL,  PERALTA,  CAHILL  --  Multi-Sponsored by -- M. of A. JACOBS,
  LATIMER, V. LOPEZ -- read once and referred to the Committee on  Envi-
  ronmental Conservation

AN ACT to amend the environmental conservation law and the state finance
  law, in relation to the climate change solutions fund

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 1  of  section  19-0301  of  the  environmental
conservation  law  is  amended  by  adding  a new paragraph g to read as
follows:
  G. PROVIDE FOR THE DEPOSIT OF REVENUES FROM THE AUCTION OF  ANY  EMIS-
SIONS  ALLOWANCES  FOR  AIR CONTAMINANTS TO THE CLIMATE CHANGE SOLUTIONS
FUND ESTABLISHED BY SECTION NINETY-TWO-T OF THE STATE FINANCE LAW.
  S 2. The state finance law is amended by adding a new section 92-t  to
read as follows:
  S  92-T. CLIMATE CHANGE SOLUTIONS FUND. 1. THERE IS HEREBY ESTABLISHED
IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND  THE  COMMISSIONER  OF
TAXATION  AND  FINANCE A SPECIAL FUND TO BE KNOWN AS THE "CLIMATE CHANGE
SOLUTIONS FUND".
  2. THE CLIMATE CHANGE SOLUTIONS FUND SHALL  CONSIST  OF  THE  PROCEEDS
COLLECTED  FROM  THE AUCTION OF ANY EMISSIONS ALLOWANCES FOR AIR CONTAM-
INANTS AS PROVIDED FOR DEPOSIT INTO SUCH FUND UNDER SECTION  19-0301  OF
THE  ENVIRONMENTAL  CONSERVATION  LAW AND ANY INTEREST GENERATED BY SUCH
FUND AND ANY OTHER MONIES MADE AVAILABLE FOR SUCH PURPOSES.
  3. ALL MONIES RECEIVED BY THE COMPTROLLER FOR DEPOSIT IN  THE  CLIMATE
CHANGE  SOLUTIONS  FUND  SHALL  BE  DEPOSITED FIRST TO THE CREDIT OF THE
CLIMATE CHANGE TRANSFER ACCOUNT. NO MONIES SHALL BE  EXPENDED  FROM  ANY
SUCH  ACCOUNT  FOR  ANY  PROJECT EXCEPT PURSUANT TO APPROPRIATION BY THE
LEGISLATURE.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
A                                                          LBD05862-01-9

co-Sponsors

multi-Sponsors

2009-A7017A (ACTIVE) - Details

See Senate Version of this Bill:
S5641
Law Section:
Environmental Conservation Law
Laws Affected:
Amd §19-0301, En Con L; add §92-t, St Fin L
Versions Introduced in Other Legislative Sessions:
2011-2012: A1646, S1969
2013-2014: A186, S587
2015-2016: A5786

2009-A7017A (ACTIVE) - Summary

Establishes the climate change solutions fund.

2009-A7017A (ACTIVE) - Sponsor Memo

2009-A7017A (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 7017--A
                                                        Cal. No. 464

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                             March 18, 2009
                               ___________

Introduced  by M. of A. GIANARIS, SWEENEY, LUPARDO, ENGLEBRIGHT, COLTON,
  ROSENTHAL, JAFFEE, LIFTON, BOYLAND,  PAULIN,  GALEF,  KAVANAGH,  BING,
  SCHIMEL,  PERALTA,  CAHILL  --  Multi-Sponsored  by  -- M. of A. BALL,
  JACOBS, LATIMER, V. LOPEZ -- read once and referred to  the  Committee
  on  Environmental Conservation -- reported from committee, advanced to
  a third reading, amended and ordered reprinted, retaining its place on
  the order of third reading

AN ACT to amend the environmental conservation law and the state finance
  law, in relation to the climate change solutions fund

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  1  of  section  19-0301 of the environmental
conservation law is amended by adding a  new  paragraph  g  to  read  as
follows:
  G.  PROVIDE  FOR THE DEPOSIT OF REVENUES FROM THE AUCTION OF ANY EMIS-
SIONS ALLOWANCES FOR AIR CONTAMINANTS TO THE  CLIMATE  CHANGE  SOLUTIONS
FUND ESTABLISHED BY SECTION NINETY-TWO-T OF THE STATE FINANCE LAW.
  S  2. The state finance law is amended by adding a new section 92-t to
read as follows:
  S 92-T. CLIMATE CHANGE SOLUTIONS FUND. 1. THERE IS HEREBY  ESTABLISHED
IN  THE  JOINT  CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSIONER OF
TAXATION AND FINANCE A SPECIAL FUND TO BE KNOWN AS THE  "CLIMATE  CHANGE
SOLUTIONS FUND".
  2.  THE  CLIMATE  CHANGE  SOLUTIONS FUND SHALL CONSIST OF THE PROCEEDS
COLLECTED FROM THE AUCTION OF ANY EMISSIONS ALLOWANCES FOR  AIR  CONTAM-
INANTS  AS  PROVIDED FOR DEPOSIT INTO SUCH FUND UNDER SECTION 19-0301 OF
THE ENVIRONMENTAL CONSERVATION LAW AND ANY INTEREST  GENERATED  BY  SUCH
FUND AND ANY OTHER MONIES MADE AVAILABLE FOR SUCH PURPOSES.
  3.  ALL  MONIES RECEIVED BY THE COMPTROLLER FOR DEPOSIT IN THE CLIMATE
CHANGE SOLUTIONS FUND SHALL BE DEPOSITED FIRST  TO  THE  CREDIT  OF  THE
CLIMATE  CHANGE  TRANSFER  ACCOUNT. NO MONIES SHALL BE EXPENDED FROM ANY

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.

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