Another RGGI Raid? New York State Senate Proposes Pulling $138 million from the RGGI Fund
Law Columbia
MARCH 25, 2016
The amount that the Senate has proposed diverting from the RGGI fund for FY 2017 is more than 80% of the total value of RGGI auction proceeds earned by New York in FY 2016 (which totaled approximately $166 million ). Clearly, the diversion of RGGI proceeds to the general budget and for workforce development is at odds with these requirements.
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