N.Y. Environmental Conservation Law 58-0901 – Allocation of moneys
§ 58-0901. Allocation of moneys.
Terms Used In N.Y. Environmental Conservation Law 58-0901
- 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 for disbursements for state assistance for water quality improvement projects as defined by title one of this article, not less than six hundred fifty million dollars ($650,000,000) shall be available for water quality improvement projects developed pursuant to section 58-0903 of this title. Not less than two hundred million dollars ($200,000,000) of this amount shall be available for wastewater infrastructure projects undertaken pursuant to the New York state water infrastructure improvement act of 2017 pursuant to paragraph e of subdivision one of section 58-0903 of this title, and not less than two hundred fifty million dollars ($250,000,000) shall be available for municipal stormwater projects pursuant to paragraph a of subdivision one of section 58-0903 of this title.