Assembly Bill A9968

Signed By Governor
2013-2014 Legislative Session

Repeals certain provisions of law relating to urban renewal agencies and industrial development agencies and transfers remaining rights to the municipality for whose purpose the agency was created

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Archive: Last Bill Status Via S5160 - Signed by Governor


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-A9968 (ACTIVE) - Details

See Senate Version of this Bill:
S5160
Law Section:
General Municipal Law
Laws Affected:
Amd Gen Muni L, generally

2013-A9968 (ACTIVE) - Summary

Repeals certain provisions of law relating to urban renewal agencies and industrial development agencies and transfers remaining rights to the municipality for whose purpose the agency was created.

2013-A9968 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  9968

                          I N  A S S E M B L Y

                              June 4, 2014
                               ___________

Introduced  by COMMITTEE ON RULES -- (at request of M. of A. Magnarelli)
  -- read once and referred to the Committee on Local Governments

AN ACT to repeal certain provisions of the general municipal law  relat-
  ing  to  urban  renewal  agencies; to repeal certain provisions of the
  general municipal law relating to industrial development agencies; and
  to transfer any books, records and remaining rights of  any  dissolved
  authority to the municipality for whose purpose the agency was created

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative intent. It is hereby declared to be a  substan-
tial  interest  of this state that residents, governments and businesses
have certainty in the corporate status and orderly dissolution of  urban
renewal  agencies  and  industrial  development  agencies, and that upon
dissolution, their enabling statutes will be repealed and  their  books,
records and remaining rights, if any, will be transferred to the munici-
pality  for  whose  purpose  the  agency was created. The welfare of the
state necessitates ensuring that the proliferation  of  moribund  public
benefit  corporations,  such  as  those included in this act found to be
defunct by the comptroller, the authorities budget office  and  the  New
York  state  commission  on  public  authority reform, does not continue
unchecked.
  S 2. Title 12 of article 15-B of the general municipal law,  as  added
by chapter 266 of the laws of 1964, is REPEALED.
  S 2-a. Notwithstanding any other provision of law to the contrary, any
existing records, property, rights, titles and interest of the Tarrytown
urban  renewal  agency  shall vest in and be possessed by the village of
Tarrytown and its successors or assigns.
  S 3. Title 17-A of article  15-B  of  the  general  municipal  law  is
REPEALED.
  S 3-a. Notwithstanding any other provision of law to the contrary, any
existing  records,  property, rights, titles and interest of the village
of Haverstraw urban renewal agency shall vest in and be possessed by the
village of Haverstraw and its successors or assigns.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10518-04-4
              

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