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Who cares
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Sponsors
2 Co-sponsors
History
- Substituted by A9031
- Ordered to third reading cal.877
- Referred to rules
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Makes technical corrections to the "green jobs-green New York act of 2009"
Signed by Governor · Sponsor Kevin Cahill
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend a chapter of the laws of 2009 amending the public authorities law relating to establishing the "green jobs-green New York act of 2009"; and amending the state finance law relating to establishing the green jobs-green New York fund, as proposed in legislative bills numbers S.5888 and A.8901, and to amend the public authorities law, in relation to the green jobs-green New York fund; and to repeal certain provisions of such chapter and the state finance law relating thereto
Purpose
To make technical corrections to the "Green Jobs-Green New York Act of 2009".
Summary of provisions
Section 1 states the legislative intent that a portion of the proceeds from the auction or sale of emission allowances be used to fulfill the goals of widespread dissemination of energy conservation and clean energy technologies, curtailment of emission of green house gases, reduced dependence on fossil fuels, lowered housing costs, support of community development and creation green jobs.
Section 2 provides for the deposit of all or a portion of the proceeds, collected by PASNY from auction or sale of emission allowances, to a green jobs-green NY fund to be established in Tax & Finance; provides for the deposit of $112,000,000 of the proceeds collected into the fund; and provides for severability.
Section 3 establishes the "Green Jobs-Green NY Act of 2009" as provided in S.5888 and A.890J.
Section 4 is the enacting clause.
Existing law
Makes technical changes to a Chapter of the Laws of 2009, as proposed in S.5888/A.8901.
Justification
Promoting widespread dissemination of energy conservation and clean energy technologies, through use of carbon auction proceeds, represents a clear and cost-effective strategy for communities in NYS to curtail the emission of greenhouse gases and harmful air contaminants, reducing dependence on fossil fuels, lowering housing costs, supporting community development and creating green jobs to sustain and enhance our economy.
Legislative history
New bill.
Fiscal implications
Provides for a deposit of $112,000,000 from proceeds collected from the auction or sale of carbon dioxide allowances into the Green Jobs-Green NY Fund.
Local fiscal implications
None.
Effective date
The act will take effect on the same date and in the same manner as a Chapter of the Laws of 2009 amending the Public Authorities Law relating to establishing the Green Jobs-Green NY Act of 2009; and amending the State Finance Law relating to establishing the Green Jobs-Green NY fund, as proposed in legislative bills numbers S.5888 and A.8901 takes effect.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.