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Assembly Bill A4828

2009-2010 Legislative Session

Creates the tourism economic development fund and provides for supplemental tourism grants

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Archive: Last Bill Status - In Assembly Committee

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2009-A4828 (ACTIVE) - Details

Current Committee:
Assembly Tourism, Arts And Sports Development
Law Section:
State Finance Law
Laws Affected:
Amd §99-h, add §97-jjjj, St Fin L; add §164-a, Ec Dev L

2009-A4828 (ACTIVE) - Summary

Creates the tourism economic development fund, with revenue to come from sales and use taxes; dedicates its revenue to tourism promotion, and provides for supplemental tourism matching grants to be made by the department of economic development; also provides for a report on tourism promotion activities supported by the fund.

2009-A4828 (ACTIVE) - Bill Text download pdf

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

                                  4828

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 6, 2009
                               ___________

Introduced  by M. of A. MORELLE, MARKEY, WEISENBERG, DelMONTE, GIANARIS,
  WEPRIN, McENENY, DESTITO, PAULIN, PHEFFER, KOON,  MAGNARELLI,  LATIMER
  --  Multi-Sponsored  by  --  M.   of A. BING, CANESTRARI, ENGLEBRIGHT,
  FITZPATRICK, GUNTHER, LUPARDO, MILLER -- read once and referred to the
  Committee on Tourism, Arts and Sports Development

AN ACT to amend the state finance law, in relation to  the  tribal-state
  compact  revenue  account;  and to amend the state finance law and the
  economic development law, in relation to creating the tourism economic
  development fund and providing for supplemental tourism grants

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

  Section  1.  Legislative intent. The legislature hereby recognizes the
importance of tourism to the New York  state  economy.  As  the  state's
second  largest  industry,  tourism employs hundreds of thousands of New
Yorkers and generates billions in economic activity.  Therefore,  it  is
the  intent of the legislature to facilitate the growth of this industry
by increasing the funding source available for  tourism  promotion.  The
legislature  finds  moneys  from  the  casino  gaming  compacts to be an
adequate and appropriate source  for  such  funding.  Additionally,  the
legislature  finds  that  the  creation  of a supplemental local tourism
grants program will be a suitable measure to effectuate a more equitable
disbursement of tourism funding throughout the  state.  The  legislature
further  finds  that  special consideration should be given to promoting
New York state casinos which provide revenue to the state through gaming
compacts. This promotion will further enhance the fund from which  tour-
ism promotion dollars are derived.
  S  2.  Subdivision  3  of  section  99-h  of the state finance law, as
amended by chapter 747 of the laws  of  2006,  is  amended  to  read  as
follows:
  3.  Moneys of the account, following appropriation by the legislature,
shall be available for  purposes  including  but  not  limited  to:  (a)

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06139-02-9
              

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