Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
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Jan 08, 2020 |
referred to corporations, authorities and commissions |
Jan 24, 2019 |
referred to corporations, authorities and commissions |
Senate Bill S2306
2019-2020 Legislative Session
Sponsored By
(D) 27th Senate District
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
Actions
2019-S2306 (ACTIVE) - Details
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Add Art 9 Title 3-B §2860, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2017-2018:
S7091
2021-2022: S3134
2023-2024: S2087
2019-S2306 (ACTIVE) - Summary
Enacts the "public benefits for professional facilities act"; defines terms; provides that any state or local authority that grants any benefit, for the purpose of construction, reconstruction, repair or rehabilitation of a professional sports facility, shall, as a condition of such benefit, require that at least seven percent of all tickets for each event be sold at prices affordable to residents of the host community.
2019-S2306 (ACTIVE) - Sponsor Memo
BILL NUMBER: S2306 SPONSOR: KAVANAGH TITLE OF BILL: An act to amend the public authorities law, in relation to enacting the "public benefits for professional facilities act" PURPOSE: To require payment of taxes by the owners of Madison Square Garden. SUMMARY OF SPECIFIC PROVISIONS: The bill repeals section 429 of the real property tax law, "real proper- ty used for professional major league sports," to require that the owners of Madison Square Garden pay real property taxes. The Garden currently enjoys a curiously worded exemption from taxes, based on the fact that it meets the following criteria, which are applicable to no other property in New York:
2019-S2306 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2306 2019-2020 Regular Sessions I N S E N A T E January 24, 2019 ___________ Introduced by Sen. KAVANAGH -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to enacting the "public benefits for professional facilities act" THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Short title. This act shall be known and may be cited as the "public benefits for professional facilities act". § 2. Article 9 of the public authorities law is amended by adding a new title 3-B to read as follows: TITLE 3-B PUBLIC BENEFITS FOR PROFESSIONAL FACILITIES SECTION 2860. PROFESSIONAL FACILITIES. § 2860. PROFESSIONAL FACILITIES. 1. NO LATER THAN NINETY DAYS AFTER THE EFFECTIVE DATE OF THIS SUBDIVISION, THE EMPIRE STATE DEVELOPMENT CORPORATION SHALL PUBLISH ON ITS WEBSITE AND PROVIDE TO THE LEGISLATURE AN ACCOUNTING OF ALL BENEFITS THAT ANY STATE OR LOCAL AUTHORITY HAS GRANTED OR OBLIGATED ITSELF TO GRANT FOR THE PURPOSE OF CONSTRUCTION, RECONSTRUCTION, REPAIR OR REHABILITATION OF A PROFESSIONAL SPORTS FACIL- ITY. SUCH ACCOUNTING SHALL INCLUDE ALL SUCH BENEFITS GRANTED OR OBLI- GATED TO BE GRANTED AT ANY TIME ON OR AFTER JANUARY FIRST, TWO THOUSAND ELEVEN. THEREAFTER, THE EMPIRE STATE DEVELOPMENT CORPORATION SHALL PUBLISH ON ITS WEBSITE AND PROVIDE TO THE LEGISLATURE AN UPDATE OF SUCH ACCOUNTING BY FEBRUARY FIFTEENTH OF EACH YEAR, COVERING THE PERIOD ENDING DECEMBER THIRTY-FIRST OF THE PRECEDING YEAR. ANY STATE OR LOCAL AUTHORITY THAT HAS GRANTED OR OBLIGATED ITSELF TO GRANT ANY SUCH BENEFIT SHALL REPORT THE TERMS OF SUCH BENEFIT TO THE EMPIRE STATE DEVELOPMENT CORPORATION NO LATER THAN THE EARLIER OF THE DATE THE BENEFIT IS GRANTED OR THE DATE THE BENEFIT IS OBLIGATED TO BE GRANTED. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD02178-01-9
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