Bill > S03821

This bill enacts the "Livable New York Act", a comprehensive legislative package aimed at addressing climate change, affordable housing, and employment opportunities for formerly incarcerated individuals. The bill establishes a $3 billion Livable New York fund with two primary accounts: an energy efficiency transition account and a housing and code enforcement account. The energy efficiency program will provide funding to help existing housing units transition to high-efficiency electric systems, with a particular focus on disadvantaged communities and low-income households. The housing development subsidy program will create at least 10,000 new housing units annually, with rents set at an average of 40% of area median income and strict tenant protections. The bill also introduces several labor-related provisions, including requiring minimum wage for incarcerated individuals performing work, creating job training programs for inmates, and establishing a wage subsidy program for businesses hiring formerly incarcerated individuals. Additionally, the legislation sets new emissions limits for buildings, requiring a transition away from fossil fuel heating and cooling systems, and creates tax credits for employers who hire and retain formerly incarcerated individuals. The bill emphasizes holistic approaches to addressing social and environmental challenges, integrating climate action, housing affordability, and workforce development.

Budget and Finance

https://www.nysenate.gov/legislation/bills/2025/S3821