Senate Bill S2759

2013-2014 Legislative Session

Provides that a public authority or municipality may not provide a tax benefit without declaring a specific listing of the public benefit

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee

  • 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-S2759 (ACTIVE) - Details

See Assembly Version of this Bill:
A6250
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
Public Authorities Law
Laws Affected:
Add §2928, Pub Auth L
Versions Introduced in Other Legislative Sessions:
2009-2010: A7659
2011-2012: S4449, A6118

2013-S2759 (ACTIVE) - Summary

Provides that a public authority or municipality may not provide a tax benefit without declaring a specific published listing of the public benefit.

2013-S2759 (ACTIVE) - Sponsor Memo

2013-S2759 (ACTIVE) - Bill Text download pdf 

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

                                  2759

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 23, 2013
                               ___________

Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
  when printed to be committed to the Committee on Corporations, Author-
  ities and Commissions

AN ACT to amend the public authorities law, in relation to public  bene-
  fits in exchange for public funds

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

  Section 1. The public authorities law  is  amended  by  adding  a  new
section 2928 to read as follows:
  S  2928.  PUBLIC  BENEFITS.  NO  STATE AUTHORITY OR LOCAL AUTHORITY AS
DEFINED BY SECTION TWO OF THIS CHAPTER AND NO OTHER GOVERNMENTAL  ENTITY
MAY  ISSUE,  APPROVE  OR  SEEK  THE GRANT OR TRANSFER OF ANY ECONOMIC OR
FINANCIAL BENEFIT TO A PRIVATE ENTITY WITHOUT A SPECIFIC PUBLISHED LIST-
ING OF THE BENEFITS TO BE RECEIVED BY THE PUBLIC.  SUCH  BENEFITS  SHALL
INCLUDE  BUT  NOT  BE  LIMITED TO EMPLOYMENT, PUBLIC ACCESS, AND PRIVATE
INVESTMENT. THE PUBLISHED LISTING SHALL BE MADE PUBLIC  AT  LEAST  SIXTY
DAYS BEFORE THE ISSUANCE OF THE ECONOMIC OR FINANCIAL BENEFITS.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05162-01-3

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