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Bill > S07905


NY S07905

NY S07905
Enacts the climate and community investment act; prioritizes the allocation of public investments in disadvantaged communities; addresses climate change challenges through the expansion and growth of clean and renewable energy sources; adopts best value requirements for the solicitation, evaluation and award of renewable energy projects; establishes a community just transition program; establishes a climate pollution fee and a household and small business energy rebate; creates the climate and c


summary

Introduced
01/03/2024
In Committee
01/03/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

2023-2024 General Assembly

Bill Summary

AN ACT to amend the environmental conservation law, the executive law, the labor law and the tax law, in relation to enacting the climate and community investment act

AI Summary

This bill enacts the climate and community investment act, which prioritizes the allocation of public investments in disadvantaged communities, addresses climate change challenges through the expansion and growth of clean and renewable energy sources, adopts best value requirements for the solicitation, evaluation and award of renewable energy projects, establishes a community just transition program, establishes a climate pollution fee and a household and small business energy rebate, and creates the climate and community investment fund, climate jobs and infrastructure fund, and worker and community assurance fund to receive and allocate revenues from the climate pollution fee. The bill also includes important terms and provisions related to emissions leakage, defined disadvantaged communities, and the coordination of various programs.

Committee Categories

Agriculture and Natural Resources

Sponsors (24)

Last Action

REFERRED TO ENVIRONMENTAL CONSERVATION (on 01/03/2024)

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