Bill Text: NY S08889 | 2021-2022 | General Assembly | Amended
Bill Title: Requires certain funds received by the New York state energy research and development authority that are related to renewables development on viable agricultural lands to be used for farmland protection programs; establishes the agricultural and farmland viability protection fund.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2022-06-02 - SUBSTITUTED BY A9328B [S08889 Detail]
Download: New_York-2021-S08889-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 8889--A IN SENATE April 27, 2022 ___________ Introduced by Sen. HINCHEY -- read twice and ordered printed, and when printed to be committed to the Committee on Finance -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the public authorities law and the state finance law, in relation to requiring certain funds received by the New York state energy research and development authority that are related to renewa- bles development on viable agricultural lands to be used for farmland protection programs The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The opening paragraph of subdivision 1 of section 1859 of 2 the public authorities law is designated paragraph (a) and a new para- 3 graph (b) is added to read as follows: 4 (b) All funds collected by the authority as a requirement of contracts 5 for the procurement of renewable energy certificates that are related to 6 renewables development on viable agricultural lands, as defined in 7 section three hundred one of the agriculture and markets law, shall be 8 deposited in the agricultural and farmland viability protection fund 9 pursuant to section ninety-nine-pp of the state finance law. 10 § 2. The state finance law is amended by adding a new section 99-pp to 11 read as follows: 12 § 99-pp. Agricultural and farmland viability protection fund. 1. 13 There is hereby established in the joint custody of the comptroller and 14 the commissioner of taxation and finance a special fund to be known as 15 the "agricultural and farmland viability protection fund". 16 2. Such fund shall consist of all revenues received pursuant to the 17 provisions of paragraph (b) of subdivision one of section eighteen 18 hundred fifty-nine of the public authorities law and all other moneys 19 appropriated, credited, or transferred thereto from any other fund or 20 source pursuant to law. 21 3. All moneys deposited in the agricultural and farmland viability 22 protection fund shall be available for agricultural and farmland EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD14036-09-2S. 8889--A 2 1 protection activities pursuant to article twenty-five-AAA of the agri- 2 culture and markets law. 3 4. Monies shall be payable from the fund on the audit and warrant of 4 the comptroller on vouchers approved and certified by the commissioner 5 of agriculture and markets. 6 § 3. This act shall take effect on the ninetieth day after it shall 7 have become a law and shall apply to all contracts issued on and after 8 such date.