Senate Bill S2129B

2023-2024 Legislative Session

Establishes the climate change adaptation cost recovery program and the climate change adaptation fund

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Sponsored By

Current Bill Status - Passed Senate & Assembly


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Votes

Bill Amendments

co-Sponsors

2023-S2129 - Details

See Assembly Version of this Bill:
A3351
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 76 §§76-0101 - 76-0105, En Con L; add §97-m, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
S9417, A10556

2023-S2129 - Summary

Establishes the climate change adaptation cost recovery program to require companies that have contributed significantly to the buildup of climate-warming greenhouse gases in the atmosphere to bear a share of the costs of needed infrastructure investments to adapt to climate change; mandates that projects funded by the program require compliance with prevailing wage requirements; requires that contracts for funded projects contain a provision that the structural iron and structural steel used or supplied in the performance of the contract or any subcontract thereto shall be produced or made in whole or substantial part in the United States, its territories or possessions; makes additional provisions

2023-S2129 - Sponsor Memo

2023-S2129 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2129
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 18, 2023
                                ___________
 
 Introduced by Sens. KRUEGER, HOYLMAN-SIGAL, MAY, RAMOS, RIVERA, STAVISKY
   -- read twice and ordered printed, and when printed to be committed to
   the Committee on Environmental Conservation
 
 AN  ACT  to  amend  the  environmental  conservation law, in relation to
   establishing the climate change adaptation cost recovery program;  and
   to  amend  the  state  finance  law,  in  relation to establishing the
   climate change adaptation fund
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  This  act shall be known and may be cited as the "climate
 change superfund act".
   § 2. Legislative findings. The  legislature  finds  and  declares  the
 following:
   1.  Climate  change, resulting primarily from the combustion of fossil
 fuels, is an immediate, grave threat to the state's  communities,  envi-
 ronment,  and  economy. In addition to mitigating the further buildup of
 greenhouse gases, the state must take action to adapt to certain  conse-
 quences  of  climate  change that are irreversible, including rising sea
 levels, increasing temperatures, extreme weather events, flooding,  heat
 waves,  toxic  algal  blooms  and  other  climate-change-driven threats.
 Maintaining New York's quality of life into the future, particularly for
 young people, who will experience greater impacts  from  climate  change
 over  their  lifetimes,  will  be one of the state's greatest challenges
 over the next three decades.  Meeting  that  challenge  will  require  a
 shared  commitment  of  purpose  and huge investments in new or upgraded
 infrastructure.
   2. New York has previously adopted programs now in place -  the  inac-
 tive hazardous waste disposal site (state superfund) program and the oil
 spill fund - to remediate environmental damage to lands and waters based
 on  the  principle  that,  where  possible, the entities responsible for
 environmental damage should pay for  its  cleanup.  No  similar  program

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02710-03-3
              

co-Sponsors

2023-S2129A - Details

See Assembly Version of this Bill:
A3351
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 76 §§76-0101 - 76-0105, En Con L; add §97-m, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
S9417, A10556

2023-S2129A - Summary

Establishes the climate change adaptation cost recovery program to require companies that have contributed significantly to the buildup of climate-warming greenhouse gases in the atmosphere to bear a share of the costs of needed infrastructure investments to adapt to climate change; mandates that projects funded by the program require compliance with prevailing wage requirements; requires that contracts for funded projects contain a provision that the structural iron and structural steel used or supplied in the performance of the contract or any subcontract thereto shall be produced or made in whole or substantial part in the United States, its territories or possessions; makes additional provisions

2023-S2129A - Sponsor Memo

2023-S2129A - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2129--A
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 18, 2023
                                ___________
 
 Introduced  by  Sens.  KRUEGER,  ADDABBO,  CLEARE,  FERNANDEZ, GIANARIS,
   GONZALEZ,  GOUNARDES,  HOYLMAN-SIGAL,  JACKSON,  KAVANAGH,  LIU,  MAY,
   MYRIE,  PARKER,  RAMOS,  RIVERA, SALAZAR, SANDERS, SEPULVEDA, SERRANO,
   STAVISKY -- read twice and ordered printed, and  when  printed  to  be
   committed  to  the Committee on Environmental Conservation -- reported
   favorably from said  committee  and  committed  to  the  Committee  on
   Finance  --  committee  discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the  environmental  conservation  law,  in  relation  to
   establishing  the climate change adaptation cost recovery program; and
   to amend the state  finance  law,  in  relation  to  establishing  the
   climate change adaptation fund
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be cited  as  the  "climate
 change superfund act".
   §  2.  Legislative  findings.  The  legislature finds and declares the
 following:
   1. Climate change, resulting primarily from the combustion  of  fossil
 fuels,  is  an immediate, grave threat to the state's communities, envi-
 ronment, and economy. In addition to mitigating the further  buildup  of
 greenhouse  gases, the state must take action to adapt to certain conse-
 quences of climate change that are irreversible,  including  rising  sea
 levels,  increasing temperatures, extreme weather events, flooding, heat
 waves, toxic  algal  blooms  and  other  climate-change-driven  threats.
 Maintaining New York's quality of life into the future, particularly for
 young  people,  who  will experience greater impacts from climate change
 over their lifetimes, will be one of  the  state's  greatest  challenges
 over  the  next  three  decades.  Meeting  that challenge will require a
 shared commitment of  purpose,  huge  investments  in  new  or  upgraded
 infrastructure, and new revenue sources to pay for those investments.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02710-08-3
              

co-Sponsors

2023-S2129B (ACTIVE) - Details

See Assembly Version of this Bill:
A3351
Law Section:
Environmental Conservation Law
Laws Affected:
Add Art 76 §§76-0101 - 76-0105, En Con L; add §97-m, St Fin L
Versions Introduced in 2021-2022 Legislative Session:
S9417, A10556

2023-S2129B (ACTIVE) - Summary

Establishes the climate change adaptation cost recovery program to require companies that have contributed significantly to the buildup of climate-warming greenhouse gases in the atmosphere to bear a share of the costs of needed infrastructure investments to adapt to climate change; mandates that projects funded by the program require compliance with prevailing wage requirements; requires that contracts for funded projects contain a provision that the structural iron and structural steel used or supplied in the performance of the contract or any subcontract thereto shall be produced or made in whole or substantial part in the United States, its territories or possessions; makes additional provisions

2023-S2129B (ACTIVE) - Sponsor Memo

2023-S2129B (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  2129--B
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             January 18, 2023
                                ___________
 
 Introduced  by Sens. KRUEGER, ADDABBO, BRESLIN, BRISPORT, BROUK, CLEARE,
   FERNANDEZ, GIANARIS, GONZALEZ, GOUNARDES, HARCKHAM, HINCHEY,  HOYLMAN-
   SIGAL,  JACKSON,  KAVANAGH,  KENNEDY,  LIU, MAY, MYRIE, PARKER, RAMOS,
   RIVERA, SALAZAR, SANDERS, SEPULVEDA, SERRANO, STAVISKY, WEBB  --  read
   twice  and  ordered  printed,  and when printed to be committed to the
   Committee on Environmental Conservation  --  reported  favorably  from
   said  committee and committed to the Committee on Finance -- committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee -- recommitted to  the  Committee  on  Environmental
   Conservation  in  accordance  with  Senate  Rule 6, sec. 8 -- reported
   favorably from said  committee  and  committed  to  the  Committee  on
   Finance  --  committee  discharged, bill amended, ordered reprinted as
   amended and recommitted to said committee
 
 AN ACT to amend the  environmental  conservation  law,  in  relation  to
   establishing  the climate change adaptation cost recovery program; and
   to amend the state  finance  law,  in  relation  to  establishing  the
   climate change adaptation fund

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. This act shall be known and may be cited  as  the  "climate
 change superfund act".
   §  2.  Legislative  findings.  The  legislature finds and declares the
 following:
   1. Climate change, resulting primarily from the combustion  of  fossil
 fuels,  is  an immediate, grave threat to the state's communities, envi-
 ronment, and economy. In addition to mitigating the further  buildup  of
 greenhouse  gases, the state must take action to adapt to certain conse-
 quences of climate change that are irreversible,  including  rising  sea
 levels,  increasing temperatures, extreme weather events, flooding, heat
 waves, toxic  algal  blooms  and  other  climate-change-driven  threats.
 Maintaining New York's quality of life into the future, particularly for
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD02710-12-4
              

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