N.Y. Environmental Conservation Law 58-0501 – Allocation of moneys
§ 58-0501. Allocation of moneys.
Terms Used In N.Y. Environmental Conservation Law 58-0501
- Bonds: shall mean general obligation bonds issued pursuant to the "clean water, clean air, and green jobs environmental bond act of 2022 " in accordance with Article of the New York state constitution and article five of the state finance law. See N.Y. Environmental Conservation Law 58-0101
Of the moneys received by the state from the sale of bonds pursuant to the environmental bond act of 2022 to be used for open space land conservation and recreation projects, up to six hundred fifty million dollars ($650,000,000) shall be available for programs, plans, and projects developed pursuant to section 58-0503 of this title, however, not more than seventy-five million dollars ($75,000,000) shall be made available for the creation of a fish hatchery, or the improvement, expansion, repair or maintenance of existing fish hatcheries, not less than three hundred million dollars ($300,000,000) shall be made available for open space land conservation projects pursuant to paragraph a of subdivision one of section 58-0503 of this title and not less than one hundred fifty million dollars ($150,000,000) shall be made available for farmland protection pursuant to paragraph b of subdivision one of section 58-0503 of this title.