New York § 75-0117 Investment of funds

New York Statutes

§ 75-0117 — Investment of funds

New York § 75-0117

Law ENVEnvironmental Conservation

Art. 75Climate Change

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Bluebook

N.Y. Environmental Conservation § 75-0117 (2026).

Text

§ 75-0117. Investment of funds.\n  State agencies, authorities and entities, in consultation with the\nenvironmental justice working group and the climate action council,\nshall, to the extent practicable, invest or direct available and\nrelevant programmatic resources in a manner designed to achieve a goal\nfor disadvantaged communities to receive forty percent of overall\nbenefits of spending on clean energy and energy efficiency programs,\nprojects or investments in the areas of housing, workforce development,\npollution reduction, low income energy assistance, energy,\ntransportation and economic development, provided however, that\ndisadvantaged communities shall receive no less than thirty-five percent\nof the overall benefits of spending on clean energy and energy\nefficiency progra

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§ 75-0117. Investment of funds.\n State agencies, authorities and entities, in consultation with the\nenvironmental justice working group and the climate action council,\nshall, to the extent practicable, invest or direct available and\nrelevant programmatic resources in a manner designed to achieve a goal\nfor disadvantaged communities to receive forty percent of overall\nbenefits of spending on clean energy and energy efficiency programs,\nprojects or investments in the areas of housing, workforce development,\npollution reduction, low income energy assistance, energy,\ntransportation and economic development, provided however, that\ndisadvantaged communities shall receive no less than thirty-five percent\nof the overall benefits of spending on clean energy and energy\nefficiency programs, projects or investments and provided further that\nthis section shall not alter funds already contracted or committed as of\nthe effective date of this section.\n