Establishes the water resiliency projects fund for flood mitigation, stormwater mitigation and other water related resiliency projects; makes an.

The bill establishes the water resiliency projects fund in the state finance law. This fund is to be jointly managed by the state comptroller and the commissioner of taxation and finance. It will consist of moneys appropriated from the New York climate action fund, up to $500,000,000. The fund will be used for projects aimed at flood mitigation, stormwater mitigation, and other water-related resiliency efforts. The fund can also receive grants, gifts, or bequests for these purposes.

Establishes the water resiliency projects fund for flood mitigation, stormwater mitigation and other water related resiliency projects; makes an.

The bill establishes the water resiliency projects fund in the state finance law. This fund is to be jointly managed by the state comptroller and the commissioner of taxation and finance. It will consist of moneys appropriated from the New York climate action fund, up to $500,000,000. The fund will be used for projects aimed at flood mitigation, stormwater mitigation, and other water-related resiliency efforts. The fund can also receive grants, gifts, or bequests for these purposes.