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Sponsors
2 Co-sponsors
History
- Referred to environmental conservation
- 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.
Enacts the clean water/clean air/green jobs bond act of 2014
In Assembly Committee · Environmental Conservation · Sponsor Robert Sweeney
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5925
Title of bill
An act authorizing the creation of a state debt to the amount of five billion dollars, in relation to creating the clean water/clean air/green jobs bond act of 2014, to provide moneys for the preservation, enhancement, restoration, and improvement of the state's environment, to provide for state assistance payments for such purpose, and providing for the submission to the people of a proposition or question therefor to be voted upon at the general election in November 2014
Purpose or general idea of bill
To provide funds for the preservation, enhancement, restoration, and improvement of the State's environment.
Summary of specific provisions
This bill would:
* enact the "Clean Water/Clean Air/Green Jobs Act of 2014;"
* authorize the issuance of bonds in the amount of five billion dollars for projects including upgrades to clean water and wastewater infrastructure; the use of green infrastructure, the restoration and improvement of contaminated areas and air quality improvements.
Justification
The Clean Water, Clean Air Bond Act of 1996 permanently changed New York's environment for the better. However, these funds are now exhausted and significant capital needs remain. For example, a 2008 assessment of the costs to repair, replace and update New York's wastewater infrastructure estimated the total funding need to be $36.2 billion over a 20 year period. A similar assessment for drinking water infrastructure found a need of $38.7 billion over a 20 year period. These estimates were made prior to the devastation caused by extreme weather events.
Air pollution remains a major public health issue across New York as asthma rates continue to rise. Concurrently, global warming is accelerating as greenhouse gas emissions continue to pollute the atmosphere. Air pollution control programs must expand to meet this challenge.
These capital investments will also spark economic growth as manufacturing and construction jobs are created and new opportunities arise.
Prior legislative history
This is a new legislation.
Fiscal implications for state and local governments
$5 billion plus debt service.
Effective date
This act shall take effect immediately, provided that the provisions of section one shall not take effect unless and until the act has been submitted to the people at the general election to be held in November 2014, and has been approved by a majority vote. Upon approval by the people, section one of this act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.