Senate Bill S8676

2023-2024 Legislative Session

Enacts the "Livable New York act"

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Finance Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2023-S8676 (ACTIVE) - Details

See Assembly Version of this Bill:
A9767
Current Committee:
Senate Finance
Law Section:
Appropriations
Laws Affected:
Add §99-rr, St Fin L; add §1885, Pub Auth L; amd §1-103, add Art 22 §§22-101 - 22-107, Energy L; amd §10-b, Emerg Ten Prot Act of 1974; amd Cor L, generally; amd §606, Tax L; amd §§371, 376 & 382, desig Art 13 §20 to be Title 1, add Title 1 Head, Title 2 §§260-a - 260-d, Exec L; add §219-b, amd §811, Lab L

2023-S8676 (ACTIVE) - Summary

Enacts the "Livable New York act" to fight back against climate change, provide additional affordable housing and provide employment opportunities for formerly incarcerated individuals.

2023-S8676 (ACTIVE) - Sponsor Memo

2023-S8676 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8676
 
                             I N  S E N A T E
 
                             February 28, 2024
                                ___________
 
 Introduced  by  Sen.  RIVERA -- read twice and ordered printed, and when
   printed to be committed to the Committee on Finance
 
 AN ACT to amend the state finance law, the public authorities  law,  the
   energy  law,  the emergency tenant protection act of nineteen seventy-
   four, the correction law, the tax law, the executive law and the labor
   law, in relation to enacting the Livable New York act; and  making  an
   appropriation therefor
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Short title. This act shall be known and may  be  cited  as
 the "Livable New York act".
   §  2.  Legislative findings. The legislature hereby finds that all New
 Yorkers deserve a livable future. To effectuate this  future,  New  York
 must  act quickly to fight back against climate change and provide addi-
 tional affordable housing.
   § 3. The state finance law is amended by adding a new section 99-rr to
 read as follows:
   § 99-RR. LIVABLE NEW YORK FUND. 1. THERE IS HEREBY ESTABLISHED IN  THE
 JOINT  CUSTODY OF THE COMMISSIONER OF TAXATION AND FINANCE AND THE STATE
 COMPTROLLER A SPECIAL FUND TO BE KNOWN AS THE "LIVABLE NEW YORK FUND".
   2. THE COMPTROLLER SHALL ESTABLISH THE FOLLOWING SEPARATE AND DISTINCT
 ACCOUNTS WITHIN THE LIVABLE NEW YORK FUND:
   (A) ENERGY EFFICIENCY TRANSITION ACCOUNT; AND
   (B) HOUSING AND CODE ENFORCEMENT ACCOUNT.
   3. (A) THE LIVABLE NEW YORK FUND ENERGY EFFICIENCY TRANSITION  ACCOUNT
 SHALL  CONSIST  OF MONEYS APPROPRIATED, CREDITED, OR TRANSFERRED THERETO
 FROM ANY OTHER FUND OR SOURCE PURSUANT TO LAW.  MONEYS  OF  THE  ACCOUNT
 SHALL  BE EXPENDED FOR THE PURPOSES OF PROVIDING BENEFITS TO HELP EXIST-
 ING HOUSING UNITS TRANSITION TO HIGH ENERGY EFFICIENCY APPLIANCES.
   (B) THE LIVABLE NEW YORK FUND HOUSING  AND  CODE  ENFORCEMENT  ACCOUNT
 SHALL  CONSIST  OF MONEYS APPROPRIATED, CREDITED, OR TRANSFERRED THERETO
 FROM ANY OTHER FUND OR SOURCE PURSUANT TO LAW.  MONEYS  OF  THE  ACCOUNT
 SHALL  BE  EXPENDED  FOR THE PURPOSES OF PROVIDING FUNDING FOR A HOUSING
 DEVELOPMENT SUBSIDY SET FORTH PURSUANT TO TITLE TWO OF ARTICLE  THIRTEEN
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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