Bill Text: NY S02347 | 2009-2010 | General Assembly | Introduced
Bill Title: Enacts the climate change solutions program act; relates to greenhouse gas emissions reduction programs and energy efficiency programs; establishes powers and duties of the commissioner of environmental conservation with respect to the climate change solutions program; establishes the climate change solutions fund.
Spectrum: Partisan Bill (Democrat 6-0)
Status: (Introduced - Dead) 2010-01-06 - REFERRED TO ENVIRONMENTAL CONSERVATION [S02347 Detail]
Download: New_York-2009-S02347-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2347 2009-2010 Regular Sessions I N S E N A T E February 18, 2009 ___________ Introduced by Sens. SCHNEIDERMAN, DIAZ, DUANE, KRUEGER, SERRANO, THOMP- SON -- read twice and ordered printed, and when printed to be commit- ted to the Committee on Environmental Conservation AN ACT to amend the environmental conservation law, in relation to establishing the climate change solutions program act; and to amend the state finance law, in relation to establishing the climate change solutions fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Article 19 of the environmental conservation law is 2 amended by adding a new title 13 to read as follows: 3 TITLE 13 4 CLIMATE CHANGE SOLUTIONS PROGRAM ACT 5 SECTION 19-1301. SHORT TITLE. 6 19-1303. DEFINITIONS. 7 19-1305. POWERS AND DUTIES OF THE COMMISSIONER. 8 19-1307. GREENHOUSE GAS EMISSIONS REDUCTION PROGRAM. 9 19-1309. ENERGY EFFICIENCY PROGRAM. 10 19-1311. RENEWABLE ENERGY DEVELOPMENT PROGRAM. 11 19-1313. CLEAN AIR TECHNOLOGY PROGRAM. 12 S 19-1301. SHORT TITLE. 13 THIS TITLE SHALL BE KNOWN AND MAY BE CITED AS THE CLIMATE CHANGE 14 SOLUTIONS PROGRAM ACT. 15 S 19-1303. DEFINITIONS. 16 AS USED IN THIS TITLE: 17 1. "AUTHORITY" SHALL MEAN THE STATE ENERGY RESEARCH AND DEVELOPMENT 18 AUTHORITY, CONTINUED BY SECTION EIGHTEEN HUNDRED FIFTY-TWO OF THE PUBLIC 19 AUTHORITIES LAW. 20 2. "MUNICIPALITY" MEANS A COUNTY, CITY, TOWN, VILLAGE, SCHOOL 21 DISTRICT, OR INDIAN TRIBE OR NATION RESIDING WITHIN NEW YORK STATE, OR 22 ANY COMBINATION THEREOF. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02835-01-9 S. 2347 2 1 3. "NOT-FOR-PROFIT CORPORATION" MEANS A CORPORATION FORMED PURSUANT TO 2 THE NOT-FOR-PROFIT CORPORATION LAW AND QUALIFIED FOR TAX-EXEMPT STATUS 3 UNDER THE FEDERAL INTERNAL REVENUE CODE. 4 4. "STATE ASSISTANCE PAYMENT" MEANS PAYMENT OF MONIES BY THE STATE FOR 5 PROJECTS AUTHORIZED BY THE CLIMATE CHANGE SOLUTIONS FUND PURSUANT TO 6 SECTION NINETY-TWO-T OF THE STATE FINANCE LAW. 7 S 19-1305. POWERS AND DUTIES OF THE COMMISSIONER. 8 IN ADMINISTERING THE PROVISIONS OF THIS TITLE, THE COMMISSIONER: 9 1. SHALL MAKE AN ITEMIZED ESTIMATE OF FUNDS OR APPROPRIATIONS 10 REQUESTED ANNUALLY FOR INCLUSION IN THE EXECUTIVE BUDGET; 11 2. MAY, IN THE NAME OF THE STATE, AS FURTHER PROVIDED WITHIN THIS 12 TITLE, CONTRACT TO MAKE, WITHIN THE LIMITATIONS OF APPROPRIATIONS AVAIL- 13 ABLE THEREFOR, STATE ASSISTANCE PAYMENTS TO MUNICIPALITIES AND NOT-FOR- 14 PROFIT CORPORATIONS TOWARD THE COST OF ELIGIBLE ACTIVITIES PURSUANT TO 15 THIS TITLE. SUCH CONTRACTS SHALL BE SUBJECT TO APPROVAL BY THE STATE 16 COMPTROLLER AND, AS TO FORM, BY THE ATTORNEY GENERAL; 17 3. SHALL APPROVE VOUCHERS FOR THE PAYMENTS PURSUANT TO APPROVED 18 CONTRACTS. ALL SUCH PAYMENTS SHALL BE PAID ON THE AUDIT AND WARRANT OF 19 THE STATE COMPTROLLER; 20 4. NO LATER THAN THIRTY DAYS AFTER THE END OF EACH CALENDAR YEAR, THE 21 COMMISSIONER SHALL REPORT TO THE GOVERNOR, THE TEMPORARY PRESIDENT OF 22 THE SENATE, THE SPEAKER OF THE ASSEMBLY, THE CHAIR OF THE SENATE FINANCE 23 COMMITTEE AND THE CHAIR OF THE ASSEMBLY WAYS AND MEANS COMMITTEE ON THE 24 IMPLEMENTATION OF THE CLIMATE CHANGE SOLUTIONS PROGRAM AND SHALL MAKE 25 SUCH REPORT AVAILABLE ON THE DEPARTMENT'S WEBSITE. THE DEPARTMENT MAY 26 CONSULT OTHER STATE DEPARTMENTS, AGENCIES AND PUBLIC AUTHORITIES FOR 27 INFORMATION AS MAY BE REQUIRED IN THE PREPARATION OF SUCH REPORT AND 28 SUCH STATE DEPARTMENTS AND AGENCIES AND AUTHORITIES SHALL PROVIDE DATA 29 AND ASSISTANCE AS APPROPRIATE. SUCH REPORT SHALL INCLUDE: 30 A. AN ASSESSMENT OF THE EFFECTIVENESS OF THE PROGRAM, INCLUDING THE 31 ESTIMATED GREENHOUSE GAS REDUCTION RESULTING FROM THE ACTIVITIES 32 DESCRIBED IN THIS TITLE, THE ESTIMATED IMPACT ON CONSUMER ELECTRIC AND 33 HEATING BILLS, AND THE PROGRAM'S OVERALL IMPACT ON ENERGY DEMAND; 34 B. A DETAILED LISTING OF FUND RECEIPTS INCLUDING: 35 (I) ALLOWANCE TRADING PRICES, 36 (II) TOTAL QUARTERLY RECEIPTS, 37 (III) TOTAL ANNUAL RECEIPTS, AND 38 (IV) TOTAL LIFE-TO-DATE RECEIPTS; 39 C. A DETAILED DESCRIPTION OF EXPENDITURES INCLUDING: 40 (I) TOTAL APPROPRIATIONS, 41 (II) TOTAL PROJECT COSTS, 42 (III) TOTAL COMMITMENTS, 43 (IV) TOTAL OUTSTANDING ENCUMBRANCES, 44 (V) TOTAL YEAR-TO-DATE DISBURSEMENTS, 45 (VI) TOTAL LIFE-TO-DATE DISBURSEMENTS, AND 46 (VII) THE TOTAL REMAINING UNCOMMITTED FUND BALANCE; AND 47 5. MAY PERFORM SUCH OTHER AND FURTHER ACTS AS MAY BE NECESSARY, PROPER 48 OR DESIRABLE TO CARRY OUT THE PROVISIONS OF THIS TITLE. 49 S 19-1307. GREENHOUSE GAS EMISSIONS REDUCTION PROGRAM. 50 1. AS USED IN THIS SECTION: 51 A. "CLEAN-FUELED VEHICLE" SHALL MEAN ANY MOTOR VEHICLE AS DEFINED IN 52 SECTION ONE HUNDRED TWENTY-FIVE OF THE VEHICLE AND TRAFFIC LAW, THAT 53 USES ELECTRICITY, INCLUDING ELECTRICITY EITHER STORED OR GENERATED 54 ON-BOARD, AS ITS PRIMARY MOTIVE FORCE, OR THAT IS FUELED BY NATURAL GAS, 55 PROPANE, OR HYDROGEN. S. 2347 3 1 B. "COSTS" MEAN THE CAPITAL COST OF A GREENHOUSE GAS EMISSIONS 2 REDUCTION PROJECT INCLUDING BUT NOT LIMITED TO ENGINEERING AND ARCHITEC- 3 TURAL SERVICES, SURVEYS, PLANS AND SPECIFICATIONS; CONSULTANT AND LEGAL 4 SERVICES. 5 C. "GREENHOUSE GAS EMISSION REDUCTION PROJECTS" MEAN THE PURCHASE AND 6 INSTALLATION OF GREENHOUSE GAS EMISSION REDUCTION TECHNOLOGIES. 7 D. "GREENHOUSE GAS EMISSION REDUCTION TECHNOLOGIES" SHALL INCLUDE BUT 8 NOT BE LIMITED TO: 9 (I) COGENERATION TECHNOLOGIES, WHICH SHALL MEAN ANY ONE OF THE SEVERAL 10 TECHNOLOGIES WHEREIN WASTE HEAT FROM ON-SITE ELECTRIC GENERATION PROCESS 11 IS RECOVERED TO PROVIDE STEAM OR HOT WATER TO MEET ON-SITE NEEDS, SUCH 12 AS HEATING AND/OR AIR CONDITIONING AND WHICH ATTAINS OVERALL SYSTEM 13 EFFICIENCY AS ESTABLISHED BY THE DEPARTMENT, CONSIDERING BOTH THERMAL 14 AND ELECTRICAL PROCESSES TOGETHER; 15 (II) FURNACE AND BOILER REPLACEMENTS AND RETROFITS, PROVIDED THAT NEW 16 OR RETROFITTED FURNACES AND BOILERS SHALL NOT AT ANY TIME OPERATE ON 17 DIESEL FUEL WITH A SULFUR CONTENT GREATER THAN 0.05 PERCENT BY WEIGHT; 18 (III) THE PURCHASE OF CLEAN FUELED VEHICLES OR THE CONVERSION OF 19 EXISTING VEHICLES TO CLEAN FUELED VEHICLES; AND 20 (IV) OTHER MEASURES THAT WILL REDUCE THE DEMAND FOR AND/OR THE 21 CONSUMPTION OF ENERGY, INCLUDING FUELS, AS DETERMINED BY THE DEPARTMENT 22 IN CONSULTATION WITH THE AUTHORITY. 23 2. THE DEPARTMENT IS AUTHORIZED, WITHIN AMOUNTS APPROPRIATED, TO MAKE 24 STATE ASSISTANCE PAYMENTS ON A COMPETITIVE BASIS FOR APPROVED GREENHOUSE 25 GAS EMISSIONS REDUCTION PROJECTS TO MUNICIPALITIES AND NOT-FOR-PROFIT 26 CORPORATIONS. 27 3. ANY MUNICIPALITY OR NOT-FOR-PROFIT CORPORATION UPON APPROVAL OF ITS 28 GOVERNING BODY MAY SUBMIT AN APPLICATION TO THE DEPARTMENT IN SUCH FORM 29 CONTAINING SUCH INFORMATION AS THE DEPARTMENT MAY REQUIRE FOR STATE 30 ASSISTANCE PAYMENTS FOR THE COSTS OF GREENHOUSE GAS EMISSION REDUCTION 31 PROJECTS. 32 4. TO THE FULLEST EXTENT PRACTICABLE, IT IS THE POLICY OF THE STATE TO 33 PROMOTE AN EQUITABLE REGIONAL DISTRIBUTION OF GREENHOUSE GAS REDUCTION 34 PROJECTS, PROVIDED THAT PRIORITY SHALL BE GIVEN TO PROJECTS THAT RESULT 35 IN THE HIGHEST GREENHOUSE GAS EMISSION REDUCTIONS. 36 5. STATE ASSISTANCE PAYMENTS SHALL NOT EXCEED SEVENTY-FIVE PERCENT OF 37 THE COSTS OF THE PROJECT, PROVIDED THAT FOR THE PURPOSES OF THIS SECTION 38 ANY OTHER MONIES OF THE AUTHORITY OR THE DEPARTMENT MAY NOT BE USED FOR 39 THE LOCAL SHARE. SUCH COSTS ARE SUBJECT TO FINAL COMPUTATION BY THE 40 COMMISSIONER UPON COMPLETION OF THE PROJECT AND SHALL NOT EXCEED THE 41 MAXIMUM ELIGIBLE COST SET FORTH IN THE CONTRACT. 42 6. THE DEPARTMENT SHALL REVIEW SUCH APPLICATIONS AND MAY APPROVE, 43 DISAPPROVE OR RECOMMEND MODIFICATIONS THERETO CONSISTENT WITH APPLICABLE 44 LAW. 45 S 19-1309. ENERGY EFFICIENCY PROGRAM. 46 1. AS USED IN THIS SECTION: 47 A. "COST" SHALL MEAN THE CAPITAL COST OF AN ENERGY EFFICIENCY PROJECT 48 INCLUDING BUT NOT LIMITED TO ENGINEERING AND ARCHITECTURAL SERVICES, 49 PLANS AND SPECIFICATIONS, CONSULTANT AND LEGAL SERVICES. 50 B. "ENERGY EFFICIENCY PROJECTS" SHALL MEAN THE PURCHASE AND INSTALLA- 51 TION OF ENERGY EFFICIENCY TECHNOLOGIES THAT WILL REDUCE THE CONSUMPTION 52 OF ELECTRICITY AT NEW OR EXISTING BUILDINGS. 53 C. "ENERGY EFFICIENCY TECHNOLOGIES" SHALL MEAN TECHNOLOGIES THAT 54 REDUCE THE CONSUMPTION OF ELECTRICITY INCLUDING BUT NOT LIMITED TO: 55 (I) REPLACEMENT OF INEFFICIENT LIGHTING FIXTURES; S. 2347 4 1 (II) APPLIANCES AND EQUIPMENT THAT MEET ENERGY EFFICIENCY PERFORMANCE 2 STANDARDS AS IDENTIFIED IN CHAPTER FOUR HUNDRED THIRTY-ONE OF THE LAWS 3 OF TWO THOUSAND FIVE; AND 4 (III) OTHER SUCH MEASURES THAT WILL REDUCE THE DEMAND FOR AND/OR THE 5 CONSUMPTION OF ELECTRICITY AS DETERMINED BY THE AUTHORITY. 6 D. "FINANCIAL ASSISTANCE" MEANS STATE ASSISTANCE PAYMENTS, LOANS, 7 INTEREST SUBSIDIES, ZERO PERCENT INTEREST LOANS, AND/OR ENERGY PERFORM- 8 ANCE CONTRACTS, AS DEFINED IN SUBDIVISION FOUR OF SECTION 9-102 OF THE 9 ENERGY LAW. 10 2. THE AUTHORITY IN CONSULTATION WITH THE DEPARTMENT IS AUTHORIZED 11 WITHIN AMOUNTS APPROPRIATED, TO PROVIDE FINANCIAL ASSISTANCE ON A 12 COMPETITIVE BASIS FOR APPROVED ENERGY EFFICIENCY PROJECTS. 13 3. ANY NEW YORK ELECTRIC UTILITY CUSTOMER MAY SUBMIT AN APPLICATION TO 14 THE AUTHORITY FOR THE COST OF ENERGY EFFICIENCY PROJECTS IN SUCH FORM 15 CONTAINING SUCH INFORMATION AS THE AUTHORITY MAY REQUIRE. 16 4. PRIORITY SHALL BE GIVEN TO PROJECTS THAT: 17 A. ESTIMATE THE HIGHEST AMOUNT OF ENERGY SAVINGS AS MEASURED AGAINST A 18 THREE YEAR BASELINE; OR 19 B. ARE CONDUCTED IN (I) AREAS WITH CENSUS TRACTS AND BLOCK NUMBERING 20 AREAS WHICH, AS OF THE TWO THOUSAND CENSUS HAVE A POVERTY RATE OF AT 21 LEAST TWENTY PERCENT FOR THE YEAR TO WHICH THE DATA RELATE OR (II) AREAS 22 WITH AN UNEMPLOYMENT RATE OF AT LEAST ONE AND ONE-QUARTER TIMES THE 23 STATEWIDE UNEMPLOYMENT RATE FOR THE YEAR TO WHICH THE DATA RELATE. 24 THE AUTHORITY SHALL ESTABLISH ADDITIONAL INCOME AND OTHER ELIGIBILITY 25 CRITERIA TO PROMOTE AN EQUITABLE DISTRIBUTION OF ENERGY EFFICIENCY 26 PROJECTS THROUGHOUT THE STATE. SUCH CRITERIA SHALL SEEK TO ENSURE THAT 27 PROJECTS ARE CONDUCTED IN LOW-INCOME COMMUNITIES THROUGHOUT THE STATE 28 AND THAT LOW AND MIDDLE CLASS RESIDENTIAL CUSTOMERS RECEIVE ACCESS TO 29 SUCH PROJECT FUNDING. 30 5. STATE ASSISTANCE PAYMENTS SHALL NOT EXCEED SEVENTY-FIVE PERCENT OF 31 THE COSTS OF THE PROJECT, PROVIDED THAT FOR THE PURPOSES OF THIS SECTION 32 ANY OTHER MONIES OF THE AUTHORITY OR THE DEPARTMENT MAY NOT BE USED FOR 33 THE LOCAL SHARE. OTHER FINANCIAL ASSISTANCE SHALL NOT EXCEED LIMITS 34 ESTABLISHED IN RULES AND REGULATIONS DEVELOPED BY THE AUTHORITY AND 35 SUBJECT TO THE APPROVAL OF THE DEPARTMENT. 36 6. PRIOR TO PROCESSING APPLICATIONS FOR FINANCIAL ASSISTANCE TOWARD 37 THE COST OF ENERGY EFFICIENCY PROJECTS, THE PRESIDENT OF THE AUTHORITY 38 SHALL PROMULGATE, IN CONSULTATION WITH THE COMMISSIONER, RULES AND REGU- 39 LATIONS WHICH SHALL INCLUDE CRITERIA FOR DETERMINING ELIGIBLE EXPENDI- 40 TURES AND PROCEDURES FOR GOVERNING THE COMMITMENT AND DISBURSEMENT OF 41 FINANCIAL ASSISTANCE IN ACCORDANCE WITH THIS SECTION. 42 7. SUCH COSTS ARE SUBJECT TO FINAL COMPUTATION BY THE PRESIDENT OF THE 43 AUTHORITY UPON COMPLETION OF THE PROJECT AND SHALL NOT EXCEED THE MAXI- 44 MUM ELIGIBLE COST SET FORTH IN THE CONTRACT. 45 8. THE AUTHORITY SHALL REVIEW SUCH APPLICATIONS AND MAY APPROVE, 46 DISAPPROVE OR RECOMMEND MODIFICATIONS THERETO CONSISTENT WITH APPLICABLE 47 LAW. 48 S 19-1311. RENEWABLE ENERGY DEVELOPMENT PROGRAM. 49 1. AS USED IN THIS SECTION: 50 A. "COST" SHALL MEAN THE CAPITAL COST OF A RENEWABLE ENERGY DEVELOP- 51 MENT PROJECT INCLUDING BUT NOT LIMITED TO ENGINEERING AND ARCHITECTURAL 52 SERVICES, SURVEYS, PLANS AND SPECIFICATIONS; CONSULTANT AND LEGAL 53 SERVICES. 54 B. "FINANCIAL ASSISTANCE" SHALL MEAN STATE ASSISTANCE PAYMENTS AND/OR 55 PERFORMANCE BASED INCENTIVES THAT ARE DIRECTLY PROPORTIONAL TO REAL, S. 2347 5 1 VERIFIED KWH PRODUCTION GENERATED BY THE RENEWABLE ELECTRIC POWER TECH- 2 NOLOGY. 3 C. "RENEWABLE ENERGY DEVELOPMENT PROJECTS" MEAN THE PURCHASE AND 4 INSTALLATION OF TECHNOLOGIES DESIGNED TO CONVERT RENEWABLE ENERGY INTO 5 ELECTRICITY OR OTHER END USES, WHERE RENEWABLE ENERGY INCLUDES SOLAR, 6 WIND, TIDAL, FUEL CELL, GEOTHERMAL AND HYDROGEN, BUT DOES NOT INCLUDE 7 COMBUSTION OR PYROLOSIS OF SOLID WASTE AS DEFINED IN SECTION 27-0701 OF 8 THIS CHAPTER OR ELECTRICITY GENERATED FROM NUCLEAR POWER PLANTS. 9 2. THE AUTHORITY IN CONSULTATION WITH THE DEPARTMENT IS AUTHORIZED, 10 WITHIN AMOUNTS APPROPRIATED, TO PROVIDE FINANCIAL ASSISTANCE ON A 11 COMPETITIVE BASIS FOR APPROVED RENEWABLE ENERGY DEVELOPMENT PROJECTS. 12 3. ANY NEW YORK ELECTRIC UTILITY CUSTOMER MAY SUBMIT AN APPLICATION TO 13 THE AUTHORITY FOR THE COST OF RENEWABLE ENERGY DEVELOPMENT PROJECTS OR 14 PERFORMANCE BASED INCENTIVES IN SUCH FORM CONTAINING SUCH INFORMATION AS 15 THE AUTHORITY MAY REQUIRE. 16 4. STATE ASSISTANCE PAYMENTS SHALL NOT EXCEED NINETY PERCENT OF THE 17 COSTS OF THE PROJECT, PROVIDED THAT FOR THE PURPOSES OF THIS SECTION ANY 18 OTHER MONIES OF THE AUTHORITY OR THE DEPARTMENT MAY NOT BE USED FOR THE 19 LOCAL SHARE. OTHER FINANCIAL ASSISTANCE SHALL NOT EXCEED LIMITS ESTAB- 20 LISHED IN RULES AND REGULATIONS DEVELOPED BY THE AUTHORITY AND SUBJECT 21 TO THE APPROVAL OF THE DEPARTMENT. 22 5. SUCH COSTS ARE SUBJECT TO FINAL COMPUTATION BY THE PRESIDENT OF THE 23 AUTHORITY UPON COMPLETION OF THE PROJECT AND SHALL NOT EXCEED THE MAXI- 24 MUM ELIGIBLE COST SET FORTH IN THE CONTRACT. 25 6. THE AUTHORITY SHALL REVIEW SUCH APPLICATIONS AND MAY APPROVE, 26 DISAPPROVE OR RECOMMEND MODIFICATIONS THERETO CONSISTENT WITH APPLICABLE 27 LAW. 28 S 19-1313. CLEAN AIR TECHNOLOGY PROGRAM. 29 1. AS USED IN THIS SECTION: 30 A. "BEST AVAILABLE CONTROL TECHNOLOGIES" SHALL MEAN A VERIFIED DIESEL 31 EMISSION CONTROL DEVICE THAT ACHIEVES A PARTICULATE MATTER (PM) EMISSION 32 REDUCTION OF EIGHTY-FIVE PERCENT OR MORE FROM UNCONTROLLED ENGINE EMIS- 33 SION LEVELS, OR THAT REDUCES EMISSIONS TO LESS THAN OR EQUAL TO 0.01 34 GRAMS OF PM PER BRAKE HORSEPOWER-HOUR. BEST AVAILABLE CONTROL ALSO 35 INCLUDES REPOWERING OR REPLACING THE EXISTING DIESEL ENGINE WITH AN 36 ENGINE MEETING USEPA'S 2007 HEAVY-DUTY HIGHWAY DIESEL STANDARDS, OR IN 37 THE CASE OF A NON-ROAD ENGINE, AN ENGINE MEETING THE USEPA'S TIER 4 38 NON-ROAD DIESEL STANDARDS; BEST AVAILABLE CONTROL ALSO INCLUDES NEW 39 DIESEL ENGINES MEETING SAID EMISSIONS STANDARDS. 40 B. "CARB" MEANS THE CALIFORNIA AIR RESOURCES BOARD. 41 C. "CLEAN AIR TECHNOLOGY PROJECTS" SHALL MEAN PROJECTS TO PURCHASE AND 42 INSTALL BEST AVAILABLE CONTROL TECHNOLOGIES, PROVIDED THAT THE AUTHORITY 43 SHALL ALSO REQUIRE THE APPLICANT TO INSTALL A CLOSED CRANKCASE VENTI- 44 LATION SYSTEM ON ALL ENGINES. 45 D. "CLOSED CRANKCASE VENTILATION SYSTEM" OR "CCV" SHALL MEAN EQUIPMENT 46 THAT COMPLETELY CLOSES THE CRANKCASE OF A DIESEL ENGINE TO THE ATMOS- 47 PHERE AND ROUTES THE CRANKCASE VAPOR TO THE ENGINE INTAKE AIR SYSTEM OR 48 THE EXHAUST SYSTEM. 49 E. "USEPA" MEANS THE UNITED STATES ENVIRONMENTAL PROTECTION AGENCY. 50 F. "VERIFIED DIESEL EMISSION CONTROL DEVICE" MEANS AN EMISSION CONTROL 51 DEVICE OR STRATEGY THAT HAS BEEN VERIFIED TO ACHIEVE A SPECIFIED DIESEL 52 PM REDUCTION BY USEPA OR CARB; OR REPLACEMENT OR REPOWERING WITH AN 53 ENGINE THAT IS CERTIFIED TO SPECIFIC PM EMISSIONS PERFORMANCE BY USEPA 54 OR CARB. S. 2347 6 1 2. THE AUTHORITY IN CONSULTATION WITH THE DEPARTMENT IS AUTHORIZED, 2 WITHIN AMOUNTS APPROPRIATED, TO MAKE STATE ASSISTANCE PAYMENTS ON A 3 COMPETITIVE BASIS TO APPROVED CLEAN AIR TECHNOLOGY PROJECTS. 4 3. ANY MUNICIPALITY UPON APPROVAL OF ITS GOVERNING BODY MAY SUBMIT AN 5 APPLICATION TO THE DEPARTMENT IN SUCH FORM CONTAINING SUCH INFORMATION 6 AS THE DEPARTMENT MAY REQUIRE FOR STATE ASSISTANCE PAYMENTS FOR THE 7 COSTS OF CLEAN AIR TECHNOLOGY PROJECTS. 8 4. STATE ASSISTANCE PAYMENTS SHALL NOT EXCEED NINETY PERCENT OF THE 9 COSTS OF THE PROJECT, PROVIDED THAT FOR THE PURPOSES OF THIS SECTION ANY 10 OTHER MONIES OF THE AUTHORITY MAY NOT BE USED FOR THE LOCAL SHARE. 11 5. SUCH COSTS ARE SUBJECT TO FINAL COMPUTATION BY THE PRESIDENT OF THE 12 AUTHORITY UPON COMPLETION OF THE PROJECT AND SHALL NOT EXCEED THE MAXI- 13 MUM ELIGIBLE COST SET FORTH IN THE CONTRACT. 14 6. THE AUTHORITY SHALL REVIEW SUCH APPLICATIONS AND MAY APPROVE, 15 DISAPPROVE OR RECOMMEND MODIFICATIONS THERETO CONSISTENT WITH APPLICABLE 16 LAW. 17 S 2. Subdivision 1 of section 19-0301 of the environmental conserva- 18 tion law is amended by adding a new paragraph g to read as follows: 19 G. PROVIDE FOR THE DEPOSIT OF REVENUES FROM THE AUCTION OF ANY EMIS- 20 SIONS ALLOWANCES FOR AIR CONTAMINANTS TO THE CLIMATE CHANGE SOLUTIONS 21 FUND ESTABLISHED BY SECTION NINETY-TWO-T OF THE STATE FINANCE LAW. 22 S 3. The state finance law is amended by adding a new section 92-t to 23 read as follows: 24 S 92-T. CLIMATE CHANGE SOLUTIONS FUND. 1. THERE IS HEREBY ESTABLISHED 25 IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSIONER OF 26 TAXATION AND FINANCE A SPECIAL FUND TO BE KNOWN AS THE "CLIMATE CHANGE 27 SOLUTIONS FUND". 28 2. THE CLIMATE CHANGE SOLUTIONS FUND SHALL CONSIST OF THE PROCEEDS 29 COLLECTED FROM THE AUCTION OF ANY EMISSIONS ALLOWANCES FOR AIR CONTAM- 30 INANTS AS PROVIDED FOR DEPOSIT INTO SUCH FUND UNDER SECTION 19-0301 OF 31 THE ENVIRONMENTAL CONSERVATION LAW AND ANY INTEREST GENERATED BY SUCH 32 FUND AND ANY OTHER MONIES MADE AVAILABLE FOR SUCH PURPOSES. 33 3. ALL MONIES RECEIVED BY THE COMPTROLLER FOR DEPOSIT IN THE CLIMATE 34 CHANGE SOLUTIONS FUND SHALL BE DEPOSITED FIRST TO THE CREDIT OF THE 35 CLIMATE CHANGE TRANSFER ACCOUNT. NO MONIES SHALL BE EXPENDED FROM ANY 36 SUCH ACCOUNT FOR ANY PROJECT EXCEPT PURSUANT TO APPROPRIATION BY THE 37 LEGISLATURE. 38 A. ALL MONEYS HERETOFORE AND HEREAFTER DEPOSITED IN THE CLIMATE CHANGE 39 TRANSFER ACCOUNT SHALL BE TRANSFERRED BY THE COMPTROLLER TO THE ENERGY 40 EFFICIENCY ACCOUNT, THE RENEWABLE ENERGY DEVELOPMENT ACCOUNT, THE GREEN- 41 HOUSE GAS EMISSION REDUCTION ACCOUNT OR THE CLEAN AIR ACCOUNT. 42 B. MONEYS FROM THE GREENHOUSE GAS EMISSION REDUCTION ACCOUNT SHALL BE 43 AVAILABLE, PURSUANT TO APPROPRIATION, FOR ANY GREENHOUSE GAS EMISSION 44 REDUCTION PROJECT, AS DEFINED IN SECTION 19-1307 OF THE ENVIRONMENTAL 45 CONSERVATION LAW. 46 C. MONEYS FROM THE ENERGY EFFICIENCY ACCOUNT SHALL BE AVAILABLE, 47 PURSUANT TO APPROPRIATION FOR ANY ENERGY EFFICIENCY PROJECT AS DEFINED 48 IN SECTION 19-1309 OF THE ENVIRONMENTAL CONSERVATION LAW. 49 D. MONEYS FROM THE RENEWABLE ENERGY DEVELOPMENT ACCOUNT SHALL BE 50 AVAILABLE, PURSUANT TO APPROPRIATION, FOR ANY RENEWABLE ENERGY DEVELOP- 51 MENT PROJECT, AS DEFINED IN SECTION 19-1311 OF THE ENVIRONMENTAL CONSER- 52 VATION LAW. 53 E. MONEYS FROM THE CLEAN AIR ACCOUNT SHALL BE AVAILABLE, PURSUANT TO 54 APPROPRIATION, FOR ANY CLEAN AIR TECHNOLOGY PROJECT, AS DEFINED IN 55 SECTION 19-1313 OF THE ENVIRONMENTAL CONSERVATION LAW. S. 2347 7 1 4. MONEYS IN THE CLIMATE CHANGE SOLUTIONS FUND SHALL BE KEPT SEPARATE 2 AND SHALL NOT BE COMMINGLED WITH ANY OTHER MONEYS IN THE CUSTODY OF THE 3 COMPTROLLER. 4 5. ALL PAYMENTS OF MONEYS FROM THE FUND SHALL BE MADE ON THE AUDIT AND 5 THE WARRANT OF THE COMPTROLLER. 6 S 4. This act shall take effect immediately.