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Senate Bill S7459

2011-2012 Legislative Session

Relates to water pollution control linked loans; repealer

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Archive: Last Bill Status - In Senate Committee Environmental Conservation Committee

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2011-S7459 (ACTIVE) - Details

See Assembly Version of this Bill:
A10220
Current Committee:
Senate Environmental Conservation
Law Section:
Environmental Conservation Law
Laws Affected:
Amd §17-1909, En Con L; amd §§236, 237, 238, 240, 242 & 243, St Fin L; rpld §104-a, Exec L; add §1285-s, Pub Auth L

2011-S7459 (ACTIVE) - Summary

Relates to water pollution control linked loans.

2011-S7459 (ACTIVE) - Sponsor Memo

2011-S7459 (ACTIVE) - Bill Text download pdf

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

                                  7459

                            I N  S E N A T E

                              May 22, 2012
                               ___________

Introduced  by  Sen. LAVALLE -- read twice and ordered printed, and when
  printed to be committed to the Committee on Environmental Conservation

AN ACT to amend the environmental conservation law,  the  state  finance
  law  and  the  public  authorities law, in relation to water pollution
  control linked loans; and to repeal section 104-a of the executive law
  relating thereto

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

  Section 1. Paragraph g of subdivision 1 and paragraph e of subdivision
2  of section 17-1909 of the environmental conservation law, paragraph g
of subdivision 1 as amended and paragraph e of subdivision 2 as added by
chapter 262 of the laws of 2007, are amended to read as follows:
  g. "Intended use plan" means the plan prepared pursuant to subdivision
two of this section, identifying the intended uses of the amounts avail-
able in the fund, including but not limited to:  (i)  a  list  of  those
projects  for  construction  of  publicly  owned  treatment works on the
priority list developed pursuant to subdivision  two  of  this  section;
(ii)  a  list  of projects developed pursuant to subdivision two of this
section anticipated to  be  financed  by  the  fund  through  the  water
pollution  control  linked  deposit  program; (iii) a description of the
short and long term goals and objectives of the fund;  (iv)  information
on  the  activities  to be supported, including a description of project
categories, discharge requirements under  the  Federal  Water  Pollution
Control  Act,  terms  of  financial  assistance,  and eligible borrowers
pursuant to the water pollution control linked deposit  program  served;
(v)  the  criteria and method established for the distribution of funds;
and (vi) the amount of moneys from the fund, not to exceed  [ten]  FORTY
million  dollars [annually,] to be made available for linked loans under
the water pollution control linked deposit  program  during  the  period
covered  by  such  intended  use plan.   IN ADDITION, A PORTION OF THOSE
MONIES MAY BE USED TO PROVIDE GRANTS  FOR  RESIDENTIAL  PROPERTIES  THAT
MEET  THE  DEFINITION  OF  "AFFORDABLE WORKFORCE HOUSING" IN SECTION SIX
HUNDRED NINETY-NINE-A OF THE GENERAL MUNICIPAL LAW.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD15844-01-2
              

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