Another RGGI Raid? New York State Senate Proposes Pulling $138 million from the RGGI Fund
Law Columbia
MARCH 25, 2016
million in auction proceeds that have been collected since the program was launched in 2008. 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 ).
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