senate Bill S2875

2019-2020 Legislative Session

Establishes the sustainable communities fund

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 30, 2019 referred to finance

Co-Sponsors

S2875 (ACTIVE) - Details

See Assembly Version of this Bill:
A581
Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Add §99-ff, St Fin L
Versions Introduced in 2017-2018 Legislative Session:
A6031

S2875 (ACTIVE) - Summary

Establishes the sustainable communities fund; authorizes grants to municipal corporations who meet certain requirements for eligible projects that incorporate smart growth principles or utilize climate resilient and environmentally friendly construction techniques.

S2875 (ACTIVE) - Sponsor Memo

S2875 (ACTIVE) - Bill Text download pdf


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

                                  2875

                       2019-2020 Regular Sessions

                            I N  S E N A T E

                            January 30, 2019
                               ___________

Introduced  by  Sen.  MAY  --  read  twice and ordered printed, and when
  printed to be committed to the Committee on Finance

AN ACT to amend the state finance law, in relation to  establishing  the
  sustainable communities fund

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

  Section 1. The state finance law is amended by adding  a  new  section
99-ff to read as follows:
  §  99-FF. SUSTAINABLE COMMUNITIES FUND. 1. THERE IS HEREBY ESTABLISHED
IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND  THE  COMMISSIONER  OF
ENVIRONMENTAL CONSERVATION A FUND TO BE KNOWN AS THE "SUSTAINABLE COMMU-
NITIES FUND".
  2. SUCH FUND SHALL CONSIST OF ALL MONIES APPROPRIATED FOR ITS PURPOSE,
ALL  OTHER  MONIES CREDITED OR TRANSFERRED TO SUCH FUND PURSUANT TO LAW,
AND ALL MONIES REQUIRED BY THIS SECTION OR ANY OTHER PROVISIONS  OF  LAW
TO BE PAID INTO OR CREDITED TO SUCH FUND.
  3.  MONEYS OF SUCH FUND SHALL BE MADE AVAILABLE TO THE COMMISSIONER OF
ENVIRONMENTAL CONSERVATION AND SHALL BE USED  FOR  GRANTS  TO  MUNICIPAL
CORPORATIONS,  AS  THAT  TERM  IS  DEFINED IN SECTION TWO OF THE GENERAL
MUNICIPAL LAW, FOR ELIGIBLE PROJECTS PURSUANT TO THIS SECTION. TO QUALI-
FY FOR SUCH GRANTS, MUNICIPAL CORPORATIONS SHALL (A)  INCORPORATE  SMART
GROWTH  PRINCIPLES,  AS  ENUMERATED  IN ARTICLE SIX OF THE ENVIRONMENTAL
CONSERVATION LAW, INTO THEIR  COMPREHENSIVE  PLANS  IN  ACCORDANCE  WITH
SECTIONS TWO HUNDRED SEVENTY-TWO-A OF THE TOWN LAW, 7-722 OF THE VILLAGE
LAW,  AND  TWENTY-EIGHT-A  OF THE GENERAL CITY LAW, (B) DEMONSTRATE THAT
ELIGIBLE PROJECTS CONFORM TO THE COMPREHENSIVE  PLANS,  AND  (C)  DEMON-
STRATE  THE  ABILITY  TO LEVERAGE ONE DOLLAR IN MATCHING FUNDS FOR EVERY
DOLLAR OF STATE FINANCIAL ASSISTANCE.
  4. FOLLOWING APPROPRIATION BY THE  LEGISLATURE,  MONIES  OF  THE  FUND
SHALL  BE  AVAILABLE  ONLY  FOR  DISTRIBUTION TO ELIGIBLE PROJECTS. SUCH
ELIGIBLE PROJECTS SHALL INCORPORATE SMART GROWTH PRINCIPLES  OR  UTILIZE

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

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