Establishes a water and waste water treatment system capital fund for municipalities.

The bill establishes a water and waste water treatment system capital fund for municipalities in New York. The fund will be jointly managed by the state comptroller and the commissioner of taxation and finance. It will be used for capital purposes, including the planning, design, acquisition, construction, and improvement of water and waste water treatment systems. The fund will receive moneys from the state treasury and will be available to municipalities through a grant program. The bill also appropriates $200 million for this fund.

Establishes a water and waste water treatment system capital fund for municipalities.

The bill establishes a water and waste water treatment system capital fund for municipalities in New York. The fund will be jointly managed by the state comptroller and the commissioner of taxation and finance. It will be used for capital purposes, including the planning, design, acquisition, construction, and improvement of water and waste water treatment systems. The fund will receive moneys from the state treasury and will be available to municipalities through a grant program. The bill also appropriates $200 million for this fund.