Bill > A10100

This bill, known as the Climate and Community Investment Act, aims to address climate change by establishing a climate pollution fee and a household and small business energy rebate, while prioritizing investments in disadvantaged communities and promoting clean energy. It introduces a "social cost of pollution" index to value the impact of regulated air contaminants and implements compliance fees on covered sources, with revenues allocated to benefit disadvantaged communities (40%), expand emissions inventories (20%), improve air quality monitoring (20%), and support departmental needs (20%). The bill also mandates a scoping plan to reduce pollution from mobile sources, including performance standards and market-based mechanisms, and establishes "best value" requirements for renewable energy projects to ensure quality, cost-effectiveness, and community benefit. Furthermore, it creates a community just transition program to support communities affected by climate change and fossil fuel reliance, and a worker assurance program to provide benefits and retraining for displaced workers, alongside community assurance programs to replace lost local revenue and support economic development. Importantly, the bill prohibits the diversion of funds dedicated to climate and community investment to the state's general fund, ensuring these revenues are used for their intended purposes.

Agriculture and Natural Resources

https://www.nysenate.gov/legislation/bills/2025/A10100