BILL NUMBER: S3346
SPONSOR: PARKER
 
TITLE OF BILL:
An act to amend the environmental conservation law, the executive law,
the labor law and the tax law, in relation to enacting the climate and
community investment act
 
PURPOSE OR GENERAL IDEA OF BILL:
Enacts the climate and community investment act. This act seeks to tran-
sition NY to 100% renewable energy, create hundreds of thousands of
jobs, protect workers currently in the fossil fuel industry and support
the communities most impacted by climate change and pollution.
 
SUMMARY OF SPECIFIC PROVISIONS:
Section 1 of the bill establishes that the bill shall be cited as the
Climate and Community Investment Act.
Section 2 of the bill establishes legislative findings that climate
change is adversely affecting economic well-being, public health,
natural resources, and the environment of New York; and actions under-
taken by New York to reduce greenhouse gas emissions will have an Impact
on the global greenhouse gas emission and the rate of climate change.
Section 2 also amends article 19 of the environmental conservation law
to add a new title 13 addressing air pollution pricing regarding method-
ology, and air pollutant price index, implementation of fees, allocation
of revenues, inventory, transportation pollution and reporting
Section 3 of the bill amends the executive law to add a new section 184
to limit diversion of funds dedicate to the climate and community
investment.
Section 4 of the bill amends the labor law by adding article 8-B which
establishes responsible contracting, labor and job standards and worker
protection
Section 5 of this bill amends section 231 of labor law to add a new
subdivision 8 to require prevailing wage for building service employees
that are employed in any building or facility that has received grants
or tax abatements of one million or more.
Section 6 of this bill amends the environmental conservation law by
adding a new article 77 which establishes the climate change Just tran-
sition.
Section 7 of this bill amends the tax law by adding two new articles, 42
and 43, establishing the climate pollution fee and the household and
small business energy rebate.
Sections 8-9 establishes a severability clause. Section 10 of this bill
sets the effective date.
 
JUSTIFICATION:
It is paramount that New York accelerates its transition from fossil
fuels to clean renewable energy, ensuring that our families breathe
clean air and our economy works for all. We need to protect our fami-
lies', health, create good local jobs, and invest in clean energy
òsolutions by finally making big polluters pay for the emissions they
are dumping into our atmosphere, which makes our communities sick and
dangerously destabilizes our climate. To reach 100% clean renewable
energy we must place direct investments to local and regional efforts
across New York State to stimulate further emissions reductions and
expand clean renewable and efficient energy infrastructure. We have to
invest in our communities that have suffered from exposure to years of
harmful emissions, and economic divestment= and those on the frontlines
of climate impacts such as extreme heat, rising sea levels, drought,
super storms, and extreme flooding. By setting a price for Greenhouse
Gas emissions and co-pollutants that threaten our health, corporate
polluters will be incentivized to reduce their greenhouse gas emissions
and instead invest in cleaner technologies and energy sources. Generat-
ing significant revenue to foster communities abilities to forge their
own ways in the new clean energy economy, helping them address local
needs for energy and employment. As our energy systems change, with the
closure of older plants and the scaling back of other sources of
pollution it is imperative that we protect our workers as well as their
host communities. It is vital that we provide support for local schools,
government operations, economic development, ensuring pension payments,
helping workers through support services and an income guarantee.
 
PRIOR LEGISLATION:
2023-24: S7905-Referred to Environmental Conservation
2021-22: S4264-A - Referred to Environmental Conservation
2019/2020: S3616 - Referred to Environmental Conservation
2017/2018: S.7645 - Referred to Environmental Conservation
 
FISCAL IMPLICATIONS:
Undetermined.
 
EFFECTIVE DATE:
This act shall take effect on the one hundred eightieth day after it
shall have become a law and shall apply to any grants, loans, contracts
and financial assistance awarded or renewed on or after such effective
date. Effective immediately, the addition, amendment and/or repeal of
any rule or regulation necessary for the implementation of this act on
Its effective date are authorized to be made and completed on or before
such date.

Statutes affected:
S3346: 231 labor law