New York Laws
Article 75 - Climate Change
75-0117 - Investment of Funds.

State agencies, authorities and entities, in consultation with the
environmental justice working group and the climate action council,
shall, to the extent practicable, invest or direct available and
relevant programmatic resources in a manner designed to achieve a goal
for disadvantaged communities to receive forty percent of overall
benefits of spending on clean energy and energy efficiency programs,
projects or investments in the areas of housing, workforce development,
pollution reduction, low income energy assistance, energy,
transportation and economic development, provided however, that
disadvantaged communities shall receive no less than thirty-five percent
of the overall benefits of spending on clean energy and energy
efficiency programs, projects or investments and provided further that
this section shall not alter funds already contracted or committed as of
the effective date of this section.

Structure New York Laws