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The original item was published from 10/15/2022 12:06:17 AM to 11/10/2022 12:00:00 AM.

News Flash

News & Town Board Reports (gblist)

Posted on: October 15, 2022

[ARCHIVED] Clean Water, Clean Air and Green Jobs Environmental Bond Act of 2022

In November 2022, voters in New York State will vote on Proposal Number One, A Proposition: Clean Water, Clean Air and Green Jobs Environmental Bond Act of 2022

Remember that when you go to the polls to vote this November (and October, for those voting early or by absentee ballot) that our environment is on the ballot!  At the Greenburgh Town Board meeting on October 12, 2022, the Board voted unanimously to support clean air, clean water and green jobs.  We join Westchester County and many more of its municipalities in our commitment to combat the effects of climate change and to enhance the areas of our community which have borne the brunt of air and water pollution.

 

https://lh6.googleusercontent.com/pD3y0gqkprN56TNzARvy00H3ZCzvDF3RkHgUGS_2nkcrBKuHE54j2kFGCOnnAsIE4kdYWdrI8aIJ-zCDiCDcW2S4lLK4BcKOa78-0hbISjuJvcsPLhTlZPynTkbe4M8zF9pm8P-yi4aKwO-f2PRSKIDsdAnY59-tBV1ar2gvAzFet8iTfhRcsugYrQ=s800                                        

 

 FACT SHEET

 

GET THE FACTS ON PROPOSAL NUMBER ONE, A PROPOSITION

 

What is the Clean Water, Clean Air, and Green Jobs Environmental Bond Act of 2022The State Legislature said the measure was passed to authorize a Bond Act in the amount of $4.2 billion for the purpose of making environmental improvements that preserve, enhance, and restore New York’s natural resources and reduce the impact of climate change by funding capital projects, including:

Restoration and flood risk reductionhttps://lh4.googleusercontent.com/ejnZJ22Nz1JoVG-mwdOBZ-QtePaAd-SqGFYVImxztfqLPZERgY7H3TcVxna7IZGc-ATsgEWAUAJ4EpI_L3i0-eEHkBCWAxA6pDimhrIBms1Q4ve9-hfqBdKXtc5P0I4obK5wTLDslCMytkTBJnhKh7yGH-g-M9vlMJCS8I6hpvoy6XxgZ7mUFySH0w=s800

(at least $1.1 billion)

Climate change mitigation 
 (up to $1.5 billion)
https://lh4.googleusercontent.com/LSM3tQW09oDqoRSDbZzkd4-GWNZVlzC3QqNIrEDafOT-wr5mxrbem5w6I3WLAonySFzLZtyugHy4RhiC9lmlnSq7WNgJPHm5aS6jDDMs0LCaAYjDjEITjWH9TE8byHQEQ1rVGcWo3ZjIHo_VXdk8ie3vupehGsIZPYLrnlKNwtZkLg9blTN1Am3uWQ=s800

Open space land conservation and recreation

(up to $650 million)

 

 

https://lh3.googleusercontent.com/5wuG9WTFy3DgXU7NztjjCpwpKEd1ghG3_CvePzIZmup3vu_iFljCzJ-nyrq3LO9wnvoSp0lVRfAdsj2mZv4MfLr2WqedsqyZS0H6NtDO9qcr_997Rddgvs7VTHdHeDNSe9RhGhUlFHdUgdFkwhUy8iM-uTSj_hVoXL9GJCzr3lCASmAkhAjpOS5Fpw=s800

Water quality improvement and resilient infrastructure (at least $650 million)

 

 

https://lh6.googleusercontent.com/b2-_J1lm7JarC1Nq0oZh-aqHbpQK_a7XebUK7El7-iR94x-qPMa820hcN71Kdp_-xcCWNjNP5V_yUU2Y7UdIwWdfzg7bHWqD17OJrJXhOgAQi44Dgqo32XxQ-cghgzMCEqcciMxoI99KSaqbvxszVrTymT_EtTbsQOp4ZSAt2IGwE1CrLs-FjZY7JQ=s800

 

What is a Bond Act: The state legislature authorizes the creation of state debt and refers the proposition to the people of New York to be voted upon at the next general election.

Where does the $ come from: The state comptroller is authorized to issue and sell bonds of the state up to the aggregate amount and subject to state finance law. There is no tax increase.

 

What It Means

 

In November 2022, voters in New York State will vote on Proposal Number One, A Proposition: Clean Water, Clean Air, and Green Jobs Environmental Bond Act of 2022. This ballot measure will: address and combat the impact of climate change and damage to the environment, the "Clean Water, Clean Air, and Green Jobs Environmental Bond Act of 2022” authorizes the sale of state bonds up to four billion two hundred million dollars to fund environmental protection, natural restoration, resiliency, and clean energy projects.

 

The purpose of this proposal is to authorize the creation of state debt and the sale of state bonds in the amount of up to $4.2 billion dollars for certain capital projects for the purpose of making environmental improvements that preserve, enhance, and restore New York's natural resources and reduce the impact of climate change. If approved, the proposal would allow the State to borrow up to that amount to provide funding for capital projects.

 

The proposal would also allow the State to refund the debt to take advantage of lower interest rates if the opportunity arises. To accomplish this, the proposal authorizes the State Comptroller to issue additional state bonds in sums up to or exceeding the amount of the bonds initially issued to refund, to advance refund, or otherwise to repay part or all of such bonds prior to the scheduled dates of their maturity.

 

When do you vote:

The Bond Act will be on the November 8th General Election Ballot.  You can vote by absentee, vote early, or on Election Day, it will be on your General Election ballot.

Where do you vote:

You can vote by absentee ballot, vote early at any of your designated early voting locations in your county of residence, or on Election Day at your designated polling location.

How do you vote:

Ballot measures are placed at the end of the ballot, so you’ll find it on the backside of your ballot sheet. Just flip your ballot and you’ll see Proposal One!

 

FIND YOUR POLLING LOCATION

Want to learn more? Contact Kate Boicourt at Environmental Defense Fund at kboicourt@edf.org

 

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