Bill Sponsor
New York Senate Bill 2129
Session 2023-2024
Establishes the climate change adaptation cost recovery program and the climate change adaptation fund
Active
Active
Passed Assembly on Jun 7, 2024
First Action
Jan 18, 2023
Latest Action
Jun 7, 2024
Origin Chamber
Senate
Type
Bill
Bill Number
2129
State
New York
Session
2023-2024
Sponsorship by Party
Summary
Establishes the climate change adaptation cost recovery program to require companies that have contributed significantly to the buildup of climate-warming greenhouse gases in the atmosphere to bear a share of the costs of needed infrastructure investments to adapt to climate change; mandates that projects funded by the program require compliance with prevailing wage requirements; requires that contracts for funded projects contain a provision that the structural iron and structural steel used or supplied in the performance of the contract or any subcontract thereto shall be produced or made in whole or substantial part in the United States, its territories or possessions; makes additional provisions; establishes the climate change adaptation fund.