New York S 3821: Enacts the "Livable New York act"; approp

Bill Text

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S03821 Summary:

BILL NOS03821 

&nbsp

SAME ASSAME AS A01262

&nbsp

SPONSORRIVERA

&nbsp

COSPNSRCLEARE, GONZALEZ, JACKSON, SALAZAR

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MLTSPNSR

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Add §99-ss, St Fin L; add §1885, Pub Auth L; amd §1-103, add Art 22 §§22-101 - 22-107, Energy L; amd §10-b,
Emerg Ten Prot Act of 1974; amd Cor L, generally; amd §606, Tax L; amd §§371, 376 & 382, desig Art 13 §260 to
be Title 1, add Title 1 Head, Title 2 §§260-a - 260-d, Exec L; add §219-b, amd §811, Lab L

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Enacts the "Livable New York act" to fight back against climate change, provide additional affordable housing and provide employment opportunities for formerly incarcerated individuals; makes a three billion dollar appropriation therefor.

Go to top S03821 Actions:

BILL NOS03821 

&nbsp

01/30/2025REFERRED TO FINANCE

01/07/2026REFERRED TO FINANCE

Go to topS03821 Committee&nbspVotes:

Go to topS03821 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS03821 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3821

 2025-2026 Regular Sessions

 IN SENATE

 January 30, 2025
 ___________

 Introduced by Sens. RIVERA, JACKSON -- read twice and ordered printed,
 and when printed to be committed to the Committee on Finance

 AN ACT to amend the state finance law, the public authorities law, the
 energy law, the emergency tenant protection act of nineteen seventy-
 four, the correction law, the tax law, the executive law and the labor
 law, in relation to enacting the Livable New York act; and making an
 appropriation therefor

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Short title. This act shall be known and may be cited as
 2 the "Livable New York act".
 3 § 2. Legislative findings. The legislature hereby finds that all New
 4 Yorkers deserve a livable future. To effectuate this future, New York
 5 must act quickly to fight back against climate change and provide addi-
 6 tional affordable housing.
 7 § 3. The state finance law is amended by adding a new section 99-ss to
 8 read as follows:
 9 § 99-ss. Livable New York fund. 1. There is hereby established in the
 10 joint custody of the commissioner of taxation and finance and the state
 11 comptroller a special fund to be known as the "livable New York fund".
 12 2. The comptroller shall establish the following separate and distinct
 13 accounts within the livable New York fund:
 14 (a) energy efficiency transition account; and
 15 (b) housing and code enforcement account.
 16 3. (a) The livable New York fund energy efficiency transition account
 17 shall consist of moneys appropriated, credited, or transferred thereto
 18 from any other fund or source pursuant to law. Moneys of the account
 19 shall be expended for the purposes of providing benefits to help exist-
 20 ing housing units transition to high energy efficiency appliances.
 21 (b) The livable New York fund housing and code enforcement account
 22 shall consist of moneys appropriated, credited, or transferred thereto

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00538-01-5

 S. 3821 2

 1 from any other fund or source pursuant to law. Moneys of the account
 2 shall be expended for the purposes of providing funding for a housing
 3 development subsidy set forth pursuant to title two of article thirteen
 4 of the executive law, as well as making funding available for localities
 5 to use for code enforcement, and any other such purposes as provided for
 6 by law.
 7 4. Moneys in the livable New York fund shall be kept separate from and
 8 shall not be commingled with any other moneys in the custody of the
 9 comptroller or the commissioner of taxation and finance. Provided,
 10 however, that any moneys of the fund not required for immediate use may,
 11 at the discretion of the comptroller, in consultation with the director
 12 of the division of budget, be invested by the comptroller in obligations
 13 of the United States or the state. The proceeds of any such investment
 14 shall be retained by the fund as assets to be used for the purposes of
 15 the fund.
 16 § 4. The public authorities law is a