ALBANY -- A Long Island legislator is floating the idea of a new, statewide environmental bond act.
Assemb. Robert Sweeney (D-Lindenhurst) announced he will co-host a hearing Friday at the State Capitol on the need to borrow as much as $5 billion to pay for long-term projects such as improving wastewater and drinking water systems.
That comes on the heels of Sweeney and Sen. Mark Grisanti (R-Buffalo) recently introducing a bill that would put an environmental bond referendum on the 2014 statewide ballot.
Sweeney noted the last environmental bond act was passed in 1996 and that a 2008 infrastructure assessment found a need for $70 million in wastewater and drinking water repairs and updates over the next two decades.
The proposal by Sweeney and Grisanti divides funds in three ways: $2 billion for clean water repairs and upgrades, $2 billion for sewage infrastructure repair and $1 billion for programs to improve air quality or prevent urban pollution.
Sweeney backed a similar bond act in 2009, but dropped it as the state's economic woes worsened.