§ 97-TTTT — Clean water, clean air, and green jobs bond fund

New York § 97-TTTT

• Jurisdiction: New York
• Law STF: State Finance
• Art. 6: Funds of the State

Text

§ 97-tttt. Clean water, clean air, and green jobs bond fund. 1. There\nis hereby established in the joint custody of the state comptroller and\nthe commissioner of taxation and finance a special fund to be known as\nthe " clean water, clean air, and green jobs bond fund".\n 2. The state comptroller shall deposit into the clean water, clean\nair, and green jobs bond fund all moneys received by the state from the\nsale of bonds and/or notes for uses eligible pursuant to section four of\nthe clean water, clean air, and green jobs environmental bond act of\n2022.\n 3. Moneys in the clean water, clean air, and green jobs bond fund,\nfollowing appropriation by the legislature and allocation by the\ndirector of the budget, shall be available only for reimbursement of\nexpenditures made from appropriations from the capital projects fund for\nthe purpose of the clean water, clean air, and green jobs bond fund, as\nset forth in the clean water, clean air, and green jobs environmental\nbond act of 2022.\n 4. No moneys received by the state from the sale of bonds and/or notes\nsold pursuant to the clean water, clean air, and green jobs\nenvironmental bond act of 2022 shall be expended for any project until\nfunds therefor have been allocated pursuant to the provisions of this\nsection and copies of the appropriate certificates of approval filed\nwith the chair of the senate finance committee, the chair of the\nassembly ways and means committee and the state comptroller.\n