Bill Text: NY S03746 | 2017-2018 | General Assembly | Amended
Bill Title: Establishes the affordable residential green building program which would provide incentives to owners for the construction of new residential buildings which are affordable.
Spectrum: Slight Partisan Bill (Democrat 6-3)
Status: (Passed) 2017-12-18 - APPROVAL MEMO.53 [S03746 Detail]
Download: New_York-2017-S03746-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 3746--A 2017-2018 Regular Sessions IN SENATE January 26, 2017 ___________ Introduced by Sens. GRIFFO, AKSHAR, HOYLMAN, LATIMER, SERRANO -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law, in relation to establishing the affordable residential green building program The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The public authorities law is amended by adding a new 2 section 1872-a to read as follows: 3 § 1872-a. Affordable residential green building program. Notwith- 4 standing any law, rule or regulation to the contrary, the authority 5 shall establish and administer a program pursuant to standards and 6 criteria established by the authority which would provide incentives to 7 owners for the construction of new residential buildings which are 8 affordable. For purposes of this section, "affordable" means where the 9 homebuyer has a household income which does not exceed the income limits 10 defined by the state of New York mortgage agency low interest rate mort- 11 gage program in the non-target, one-and two-person household category 12 for the county where such property is located. Such incentives shall be 13 available based upon the use of design and building techniques estab- 14 lished or promulgated by the authority which promote smart growth and 15 smart planning, reduce greenhouse gas emissions, achieve energy effi- 16 ciency and reduce energy consumption, facilitate the incorporation of 17 environmentally responsible products, promote the efficient use of all 18 heating fuels and natural resources, reduce waste and create a healthy 19 indoor living environment while maintaining affordability for household 20 incomes as provided in this section. The authority shall promulgate 21 rules and regulations to establish affordable green residential building 22 standards and criteria, in addition to administrative regulations for 23 implementation of such program. The authority shall prepare an annual 24 report on such program which shall be posted on the authority's website. 25 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD05149-02-7