New York A 2154: Establishes a water and waste water treatment system capital fund

Status: ENACTING CLAUSE STRICKEN (as of 2025-09-08)

State: New York · Session: 2025-2026 · Bill: A 2154

Sponsors: Billy Jones

Bill Text

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A02154 Summary:

BILL NOA02154 

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SAME ASNo Same As

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SPONSORJones

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COSPNSR

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MLTSPNSR

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Add §97-bbbbb, St Fin L

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Establishes a water and waste water treatment system capital fund for municipalities.

Go to top A02154 Actions:

BILL NOA02154 

&nbsp

01/15/2025referred to ways and means

09/08/2025enacting clause stricken

Go to topA02154 Committee&nbspVotes:

Go to topA02154 Floor&nbspVotes:

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

Go to topA02154 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 2154

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 15, 2025
 ___________

 Introduced by M. of A. JONES -- read once and referred to the Committee
 on Ways and Means

 AN ACT to amend the state finance law, in relation to establishing a
 water and waste water treatment system capital fund; 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. The state finance law is amended by adding a new section
 2 97-bbbbb to read as follows:
 3 § 97-bbbbb. Water and waste water treatment system capital fund. 1.
 4 There is hereby established in the joint custody of the state comp-
 5 troller and the commissioner of taxation and finance a special capital
 6 fund to be known as the "water and waste water treatment system capital
 7 fund", hereinafter referred to as "the fund".
 8 2. The fund shall consist of all moneys collected therefor or credit-
 9 ed or transferred thereto from any other fund, account or source. Any
 10 interest received by the comptroller on moneys on deposit in the transit
 11 assistance for capital investments fund shall be retained in and become
 12 a part of such fund.
 13 3. Moneys in the fund shall, following appropriation by the legisla-
 14 ture, be utilized for capital purposes, including, but not limited to
 15 the planning and design, acquisition, construction, reconstruction,
 16 replacement, improvement, reconditioning, rehabilitation and preserva-
 17 tion of water and waste water treatment systems.
 18 4. Moneys deposited into the fund shall be available to municipalities
 19 throughout the state through a grant program established by the comp-
 20 troller, in consultation with the commissioner of taxation and finance.
 21 5. All payments of moneys from the transit assistance for capital
 22 investments fund shall be made on the audit and warrant of the comp-
 23 troller.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03319-01-5

 A. 2154 2

 1 § 2. Appropriation. The sum of two hundred million dollars
 2 ($200,000,000), or so much thereof as may be necessary, is hereby appro-
 3 priated to the water and waste water treatment system capital fund out
 4 of any moneys in the state treasury in the general fund, not otherwise
 5 appropriated, and made immediately available, for the purpose of carry-
 6 ing out the provisions of this act. Such moneys shall be payable on the
 7 audit and warrant of the comptroller on vouchers certified or approved
 8 by the state fire administrator in the manner prescribed by law.
 9 § 3. This act shall take effect immediately.

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