Senate Bill S6426A

Signed By Governor
2015-2016 Legislative Session

Amends chapter 899 of the laws of 1984 relating to the management of the Roosevelt Island public benefit corporation

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Archive: Last Bill Status - 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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Bill Amendments

2015-S6426 - Details

See Assembly Version of this Bill:
A9177
Law Section:
Public Authorities
Laws Affected:
Amd §4-a, Chap 899 of 1984; amd §4, rpld §3, Chap of 2015 (as proposed in S.5813-B and A.7974-B)

2015-S6426 - Summary

Amends provisions relating to the management of the Roosevelt Island public benefit corporation; amends provisions relating to the effectiveness thereof; repeals certain provisions relating to not-for profit grant distribution.

2015-S6426 - Sponsor Memo

2015-S6426 - Bill Text download pdf

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

                                  6426

                            I N  S E N A T E

                             January 8, 2016
                               ___________

Introduced  by  Sen. SERRANO -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules

AN ACT to amend chapter 899  of  the  laws  of  1984,  relating  to  the
  creation  of  a  public benefit corporation to plan, develop, operate,
  maintain and manage Roosevelt Island, in  relation  to  not-for-profit
  grant distribution; to amend chapter 517 of the laws of 2015, amending
  chapter  899  of the laws of 1984 relating to the creation of a public
  benefit corporation to plan, develop,  operate,  maintain  and  manage
  Roosevelt  Island,  in  relation  to the effectiveness thereof; and to
  repeal section 3 of chapter 517 of the  laws  of  2015,  amending  the
  public  authorities  law,  relating to the management of the Roosevelt
  Island  operating  corporation,  relating  to   not-for-profit   grant
  distribution

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

  Section 1. Section 4-a of chapter 899 of the laws of 1984, relating to
the creation of a public benefit corporation to plan, develop,  operate,
maintain  and  manage  Roosevelt  Island, as added by chapter 517 of the
laws of 2015, is amended to read as follows:
  S 4-a.  Not-for-profit  grant  distribution.  1.  The  corporation  is
authorized  to  provide  financial  assistance  in the form of grants to
not-for-profit corporations  [or  governmental  agencies]  that  provide
direct  services  or  benefits to the residents of Roosevelt Island, THE
TOTALITY OF SUCH GRANTS not to exceed 3%  PER  ANNUM  of  the  operating
budget  of  the  corporation, and upon the approval of a majority of the
entire board of the corporation.
  2. [On or before May 1, 2016] ANNUALLY, WITHIN NINETY DAYS  AFTER  THE
END  OF THE FISCAL YEAR OF THE CORPORATION, the corporation shall post a
report on its website that shall list and [describe the purpose of  each
grant  issued between 2010 and 2015. Such report shall also describe the
resulting public benefit of each grant] IDENTIFY EACH GRANT RECIPIENT IN
SUCH FISCAL YEAR, THE AMOUNT PROVIDED TO EACH RECIPIENT, AND  A  GENERAL
DESCRIPTION OF THE PUBLIC BENEFIT OF EACH GRANT.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11372-14-6
              

2015-S6426A (ACTIVE) - Details

See Assembly Version of this Bill:
A9177
Law Section:
Public Authorities
Laws Affected:
Amd §4-a, Chap 899 of 1984; amd §4, rpld §3, Chap of 2015 (as proposed in S.5813-B and A.7974-B)

2015-S6426A (ACTIVE) - Summary

Amends provisions relating to the management of the Roosevelt Island public benefit corporation; amends provisions relating to the effectiveness thereof; repeals certain provisions relating to not-for profit grant distribution.

2015-S6426A (ACTIVE) - Sponsor Memo

2015-S6426A (ACTIVE) - Bill Text download pdf

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

                                 6426--A
    Cal. No. 37

                            I N  S E N A T E

                             January 8, 2016
                               ___________

Introduced  by  Sen. SERRANO -- read twice and ordered printed, and when
  printed to be committed to the Committee on Rules -- reported  favora-
  bly  from said committee, ordered to a third reading, passed by Senate
  and delivered to the Assembly, recalled, vote  reconsidered,  restored
  to  third  reading, amended and ordered reprinted, retaining its place
  in the order of third reading

AN ACT to amend chapter 899  of  the  laws  of  1984,  relating  to  the
  creation  of  a  public benefit corporation to plan, develop, operate,
  maintain and manage Roosevelt Island, relating to  the  management  of
  such corporation, in relation to not-for-profit grant distribution; to
  amend  a chapter of the laws of 2015, amending chapter 899 of the laws
  of 1984 relating to the creation of a public  benefit  corporation  to
  plan, develop, operate, maintain and manage Roosevelt Island, relating
  to  the  management  of  such  corporation, as proposed in legislative
  bills numbers S.5813-B and A.7974-B, in relation to the  effectiveness
  thereof;  and  to  repeal  section 3 of a chapter of the laws of 2015,
  amending the public authorities law, relating to the management of the
  Roosevelt Island operating corporation,  as  proposed  in  legislative
  bills  numbers  S.5813-B and A.7974-B relating to not-for-profit grant
  distribution

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

  Section 1. Section 4-a of chapter 899 of the laws of 1984, relating to
the  creation of a public benefit corporation to plan, develop, operate,
maintain and manage Roosevelt Island, as added by a chapter of the  laws
of  2015,  amending  chapter  899  of  the  laws of 1984 relating to the
creation of a public benefit  corporation  to  plan,  develop,  operate,
maintain and manage Roosevelt Island, relating to the management of such
corporation,  as  proposed  in  legislative  bills  numbers S.5813-B and
A.7974-B, is amended to read as follows:
  S 4-a.  Not-for-profit  grant  distribution.  1.  The  corporation  is
authorized  to  provide  financial  assistance  in the form of grants to
not-for-profit corporations  [or  governmental  agencies]  that  provide
direct  services  or  benefits to the residents of Roosevelt Island, THE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
              

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