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This local law establishes \"green building\" design standards for certain building construction and rehabilitation projects funded through the City\'s capital budget with the intent of reducing the City\'s electricity and water consumption, reducing air pollution, improving occupant health and worker productivity, and encouraging the development of green building in the private market. Among the types of projects covered are schools, hospitals, libraries, cultural institutions, courts, and administrative buildings, but residential projects assisted by City capital funds are not included. The Mayor is given the authority to exempt up to 20% of the value of the capital work in a given year within the different categories of capital work and accompanying design standards as defined by the bill. Reporting requirements are also established.