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Sponsors
No co-sponsors yet.
History
- Print number 3946a
- Amend and recommit to finance
- Referred to finance
- Referred to finance
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the state finance law, in relation to establishing the sustainable communities fund
Purpose
The Sustainable Communities fund will be used to encourage the incorporation of smart growth principles into planning efforts by municipalities and the revitalization of many communities. Smart Growth is the concept that development should be concentrated in ways that avoid sprawl which taxes infrastructure networks and poses risks to the natural environment.
Summary of provisions
Section 1. The state finance law shall be amended by adding section 99-y, which creates a "sustainable communities fund" under control of the state comptroller and commissioner of environmental conservation.
Section 2. This fund shall only contain monies intended for the Sustainable Communities Fund.
Section 3. To qualify for grants, municipalities must incorporate "smart growth principles" into their comprehensive plans, demonstrate their proposed projects comply with the comprehensive plans, and have the ability to match state funding dollar for dollar.
Section 4. Funding shall only be available for projects that use environmentally sound construction techniques, utilize smart growth principles, and consider climate resiliency.
Section 5. The commissioner of environmental conservation may promulgate rules and regulations to effect the purposes of this section.
Section 6. Effective Date
Justification
While parts of the state continue to do well economically, many cities and rural areas have experienced decline. In order to revitalize these urban and rural areas, a fund will be established to meet the infrastructure needs of the 21st century. The Sustainable Communities Fund will be used to encourage smart growth development as a method to revitalize areas of the state. These small scale investments have a major impact by creating walkable communities with nearby public transit, pedestrian-focused streets with access to downtown businesses for seniors and shoppers, and by utilizes resilient, environmentally friendly construction techniques
Legislative history
New Bill
Fiscal implications
To be determined
Effective date
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.