N.Y. Environmental Conservation Law § 58-0301: Allocation of moneys

§ 58-0301. Allocation of moneys.

Of the moneys received by the state from the sale of bonds pursuant to

the environmental bond act of 2022, not less than one billion one

hundred million dollars ($1,100,000,000) shall be available for

disbursements for restoration and flood risk reduction projects

developed pursuant to section 58-0303 of this title. Not more than two

hundred fifty million dollars ($250,000,000) of this amount shall be

available for projects pursuant to subdivision two of section 58-0303 of

this title and not less than one hundred million dollars ($100,000,000)

each shall be available for coastal rehabilitation and shoreline

restoration projects and projects which address inland flooding,

pursuant to paragraph a of subdivision one of section 58-0303 of this

title.