New York governor’s budget bill increases November bond measure from $3 billion to $4.2 billion
New York Gov. Kathy Hochul (D) signed budget legislation on April 9 that increased a statewide bond measure from $3 billion to $4.2 billion. Titled the Clean Water, Clean Air, and Green Jobs Environmental Bond Act, the ballot measure would require the bond revenue to be divided between projects classified as climate change mitigation, flood-risk reduction, water infrastructure, and land conservation and recreation. In 2021, the state Legislature voted to put the measure on the ballot for Nov. 8, 2022. Former Gov. Andrew Cuomo (D) first called for the bond measure in his 2020 State of the State Address.
The revised ballot measure would require that bond issue revenue be distributed as follows:
