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Assembly Bill A3962

2009-2010 Legislative Session

Establishes a matching economic development brochures grant program for localities

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Archive: Last Bill Status - In Assembly Committee

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2009-A3962 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Add ยง233, Ec Dev L
Versions Introduced in 2011-2012 Legislative Session:
A3349

2009-A3962 (ACTIVE) - Summary

Establishes a matching economic development marketing brochures grant program for localities; if locality spends more than ten thousand dollars such grant for that amount spent shall be ten thousand dollars.

2009-A3962 (ACTIVE) - Bill Text download pdf 

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

                                  3962

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            January 29, 2009
                               ___________

Introduced by M. of A. CROUCH, KOLB, BACALLES, ERRIGO -- Multi-Sponsored
  by  -- M. of A.  BARCLAY, BURLING, GIGLIO -- read once and referred to
  the Committee on Economic  Development,  Job  Creation,  Commerce  and
  Industry

AN  ACT to amend the economic development law, in relation to establish-
  ing an economic development marketing brochures matching grant program

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

  Section  1.  The  economic  development law is amended by adding a new
section 233 to read as follows:
  S  233.  ECONOMIC  DEVELOPMENT  MARKETING  BROCHURES  MATCHING   GRANT
PROGRAM. 1. THERE IS HEREBY ESTABLISHED WITHIN THE DEPARTMENT AN ECONOM-
IC  DEVELOPMENT MARKETING BROCHURES  MATCHING GRANT PROGRAM, THE PURPOSE
OF WHICH SHALL BE TO ENCOURAGE THE  DEVELOPMENT  OF  BROCHURES  SO  THAT
COUNTIES  AND  LOCALITIES  THROUGHOUT  THE  STATE OF NEW YORK CAN BETTER
ATTRACT BUSINESS AND INDUSTRY TO THEIR AREA.
  2. EACH LOCALITY WITHIN THE STATE SHALL ON  AN  ANNUAL  BASIS,  ON  OR
BEFORE  NOVEMBER  FIRST, COMPILE AND NOTIFY THE STATE COMPTROLLER OF ALL
MONIES USED BY THE LOCALITY FOR THE DEVELOPMENT OF ECONOMIC  DEVELOPMENT
MARKETING BROCHURES DURING THE PRECEDING JULY FIRST THROUGH JUNE THIRTI-
ETH  PERIOD.  UPON  CERTIFICATION BY THE COMPTROLLER OF SUCH AMOUNT, THE
STATE SHALL PROVIDE SUCH  LOCALITY,  FROM  WITHIN  AMOUNTS  APPROPRIATED
THEREFOR,  WITH A MATCHING GRANT IN THE SAME AMOUNT, PROVIDED THAT WHERE
A LOCALITY SPENDS MORE THAN TEN THOUSAND DOLLARS,  SUCH  MATCHING  GRANT
SHALL BE TEN THOUSAND DOLLARS. SUCH GRANT SHALL HOWEVER NOT BE DEEMED IN
ANY  MANNER AS A PAYMENT IN LIEU OF, OR AS A REDUCTION TO, THE AMOUNT OF
ANY OTHER STATE FUNDS REQUIRED OR AUTHORIZED TO BE PAID TO SUCH LOCALITY
PURSUANT TO ANY OTHER PROVISION OF LAW, RULE OR REGULATION.
  3. SUCH PAYMENT OF SUCH MATCHING GRANT SHALL BE MADE TO EACH  LOCALITY
ON  OR  AFTER THE FIRST OF APRIL, BUT BEFORE THE FIRST OF SEPTEMBER NEXT

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07018-01-9

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