Bill Text: NY S05663 | 2015-2016 | General Assembly | Introduced

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Bill Title: Establishes the affordable residential green building program which would provide incentives to owners for the construction of new residential buildings which are affordable.

Spectrum: Bipartisan Bill

Status: (Engrossed - Dead) 2016-06-15 - referred to veterans' affairs [S05663 Detail]

Download: New_York-2015-S05663-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5663
                              2015-2016 Regular Sessions
                                   I N  S E N A T E
                                     May 26, 2015
                                      ___________
       Introduced  by  Sen.  GRIFFO -- read twice and ordered printed, and when
         printed to be committed to the Committee on  Energy  and  Telecommuni-
         cations
       AN  ACT to amend the public authorities law, in relation to establishing
         the affordable residential green building program
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  The  public  authorities  law  is amended by adding a new
    2  section 1872-a to read as follows:
    3    S 1872-A.   AFFORDABLE RESIDENTIAL GREEN  BUILDING  PROGRAM.  NOTWITH-
    4  STANDING  ANY  LAW,  RULE  OR  REGULATION TO THE CONTRARY, THE AUTHORITY
    5  SHALL ESTABLISH AND ADMINISTER  A  PROGRAM  PURSUANT  TO  STANDARDS  AND
    6  CRITERIA  ESTABLISHED BY THE AUTHORITY WHICH WOULD PROVIDE INCENTIVES TO
    7  OWNERS FOR THE CONSTRUCTION  OF  NEW  RESIDENTIAL  BUILDINGS  WHICH  ARE
    8  AFFORDABLE.   FOR PURPOSES OF THIS SECTION, "AFFORDABLE" MEANS WHERE THE
    9  HOMEBUYER HAS A HOUSEHOLD INCOME WHICH DOES NOT EXCEED THE INCOME LIMITS
   10  DEFINED BY THE STATE OF NEW YORK MORTGAGE AGENCY LOW INTEREST RATE MORT-
   11  GAGE PROGRAM IN THE NON-TARGET, ONE-AND  TWO-PERSON  HOUSEHOLD  CATEGORY
   12  FOR  THE COUNTY WHERE SUCH PROPERTY IS LOCATED. SUCH INCENTIVES SHALL BE
   13  AVAILABLE BASED UPON THE USE OF DESIGN AND  BUILDING  TECHNIQUES  ESTAB-
   14  LISHED  OR  PROMULGATED  BY THE AUTHORITY WHICH PROMOTE SMART GROWTH AND
   15  SMART PLANNING, REDUCE GREENHOUSE GAS EMISSIONS,  ACHIEVE  ENERGY  EFFI-
   16  CIENCY  AND  REDUCE  ENERGY CONSUMPTION, FACILITATE THE INCORPORATION OF
   17  ENVIRONMENTALLY RESPONSIBLE PRODUCTS, PROMOTE THE EFFICIENCY OF GAS  AND
   18  NATURAL RESOURCES, REDUCE WASTE AND CREATE A HEALTHY INDOOR LIVING ENVI-
   19  RONMENT   WHILE  MAINTAINING  AFFORDABILITY  FOR  HOUSEHOLD  INCOMES  AS
   20  PROVIDED IN THIS SECTION. THE AUTHORITY SHALL PROMULGATE RULES AND REGU-
   21  LATIONS TO ESTABLISH AFFORDABLE GREEN RESIDENTIAL BUILDING STANDARDS AND
   22  CRITERIA, IN ADDITION TO ADMINISTRATIVE REGULATIONS  FOR  IMPLEMENTATION
   23  OF  SUCH  PROGRAM.  THE AUTHORITY SHALL PREPARE AN ANNUAL REPORT ON SUCH
   24  PROGRAM WHICH SHALL BE POSTED ON THE AUTHORITY'S WEBSITE.
   25    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11346-01-5