Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jan 06, 2016 | referred to environmental conservation |
Mar 04, 2015 | referred to environmental conservation |
assembly Bill A5786
2015-2016 Legislative Session
Sponsored By
KAVANAGH
Archive: Last Bill Status - In Assembly Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
Your Voice
Actions
Co-Sponsors
Kevin Cahill
William Colton
Steven Englebright
Sandy Galef
A5786 (ACTIVE) - Details
A5786 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5786 2015-2016 Regular Sessions I N A S S E M B L Y March 4, 2015 ___________ Introduced by M. of A. KAVANAGH, CAHILL, COLTON, ENGLEBRIGHT, GALEF, JAFFEE, LIFTON, LUPARDO, PAULIN, ROSENTHAL, SCHIMEL -- read once and referred to the Committee on Environmental 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-J OF THE STATE FINANCE LAW. S 2. The state finance law is amended by adding a new section 92-j to read as follows: S 92-J. 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. A. ALL MONEYS HERETOFORE AND HEREAFTER DEPOSITED IN THE CLIMATE CHANGE TRANSFER ACCOUNT SHALL BE TRANSFERRED BY THE COMPTROLLER TO THE ENERGY EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03174-01-5
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