Relates to treatment of gains from qualified opportunity zones in calculating taxable income; removes exclusion of gains on property in qualified opportunity zones in calculation of income.
Establishes the "New York public banking act"; authorizes municipal and other local governments to form and control public banks through the ownership of capital stock or other ownership interests, and to loan or grant public funds or lend public credit to such public banks for the public purposes of achieving cost savings, strengthening local economies, supporting community economic development, and addressing infrastructure and housing needs for localities.
Establishes the "pollution justice act of 2022"; implements a plan to replace peaker plant electric generating facilities with renewable energy systems.
Provides for supports and services for unaccompanied minors with no lawful immigration status including legal representation.
Relates to the purchase of zero-emission buses and the procurement of electric-powered buses, vehicles or other related equipment.
Establishes energy efficiency measures by the public service commission and NYSERDA including requiring utilities to hire and train employees who are from priority populations or living in areas designated as environmental justice communities.
Establishes the "advanced building codes, appliance and equipment efficiency standards act of 2022"; adds the promotion of clean energy and the implementation of the climate agenda set forth in the New York state climate leadership and community protection act to the state energy conservation construction code; increases the efficiency standards of appliances and equipment by the state energy conservation construction code; increases the energy efficiency standards of appliances and equipment.
Makes various provisions regulating equitable siting of environmental facilities; requires environmental impact statements to state whether the siting of a facility will cause or increase a disproportionate burden on disadvantaged communities.
Establishes an indirect source review for certain warehouse operations; requires the department of environmental conservation to conduct a study regarding zero emissions zones.
Excludes certain graduate students from mandatory fees.
