N.Y. Environmental Conservation Law § 58-0701: Allocation of moneys

§ 58-0701. Allocation of moneys.

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

the environmental bond act of 2022, up to one billion five hundred

million dollars ($1,500,000,000) shall be made available for

disbursements for climate change mitigation projects developed pursuant

to section 58-0703 of this title. Not less than four hundred million

dollars ($400,000,000) of this amount shall be available for green

buildings projects, not less than one hundred million dollars

($100,000,000) for climate adaptation and mitigation projects pursuant

to paragraph c of subdivision one of section 58-0703 of this title, not

less than two hundred million dollars ($200,000,000) shall be available

for disbursement to reduce or eliminate water pollution or air pollution

affecting disadvantaged communities pursuant to paragraphs f and g of

subdivision one of section 58-0703 of this title, and not less than five

hundred million dollars ($500,000,000) for costs associated with the

purchase of or conversion to zero emission school buses and supporting

infrastructure as set forth in paragraph h of subdivision one of section

58-0703 of this title.