N.Y. Environmental Conservation Law § 56-0501 – Allocation of moneys | Midpage
56-0501
N.Y. Environmental Conservation Law § 56-0501
Allocation of moneys
Effective Apr 24, 2015
1. Of the moneys received by the state from the sale of bonds pursuant to the Clean Water/Clean Air Bond Act of 1996, two hundred million dollars ($200,000,000) shall be available for disbursements for environmental restoration projects.
2. Beginning in state fiscal year two thousand fifteen--two thousand sixteen, environmental restoration projects may be funded using the proceeds of bonds issued pursuant to section twelve hundred eighty-five-q of the public authorities law provided that funding for such projects shall conform to the limitations provided in subdivision one of such section.