Requires certain funds received by the New York state energy research and development authority that are related to renewables development on viable agricultural lands to be used for farmland protection programs; establishes the agricultural and farmland viability protection fund.
STATE OF NEW YORK
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8889--A
IN SENATE
April 27, 2022
___________
Introduced by Sen. HINCHEY -- read twice and ordered printed, and when
printed to be committed to the Committee on Finance -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the public authorities law and the state finance law, in
relation to requiring certain funds received by the New York state
energy research and development authority that are related to renewa-
bles development on viable agricultural lands to be used for farmland
protection programs
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. The opening paragraph of subdivision 1 of section 1859 of
2 the public authorities law is designated paragraph (a) and a new para-
3 graph (b) is added to read as follows:
4 (b) All funds collected by the authority as a requirement of contracts
5 for the procurement of renewable energy certificates that are related to
6 renewables development on viable agricultural lands, as defined in
7 section three hundred one of the agriculture and markets law, shall be
8 deposited in the agricultural and farmland viability protection fund
9 pursuant to section ninety-nine-pp of the state finance law.
10 § 2. The state finance law is amended by adding a new section 99-pp to
11 read as follows:
12 § 99-pp. Agricultural and farmland viability protection fund. 1.
13 There is hereby established in the joint custody of the comptroller and
14 the commissioner of taxation and finance a special fund to be known as
15 the "agricultural and farmland viability protection fund".
16 2. Such fund shall consist of all revenues received pursuant to the
17 provisions of paragraph (b) of subdivision one of section eighteen
18 hundred fifty-nine of the public authorities law and all other moneys
19 appropriated, credited, or transferred thereto from any other fund or
20 source pursuant to law.
21 3. All moneys deposited in the agricultural and farmland viability
22 protection fund shall be available for agricultural and farmland
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD14036-09-2
S. 8889--A 2
1 protection activities pursuant to article twenty-five-AAA of the agri-
2 culture and markets law.
3 4. Monies shall be payable from the fund on the audit and warrant of
4 the comptroller on vouchers approved and certified by the commissioner
5 of agriculture and markets.
6 § 3. This act shall take effect on the ninetieth day after it shall
7 have become a law and shall apply to all contracts issued on and after
8 such date.
