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Assembly Bill A5295

2009-2010 Legislative Session

Relates to eligibility under the empire zones program

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Archive: Last Bill Status - In Assembly Committee

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2009-A5295 (ACTIVE) - Details

See Senate Version of this Bill:
S3386
Current Committee:
Assembly Economic Development
Law Section:
General Municipal Law
Laws Affected:
Amd ยง957, Gen Muni L
Versions Introduced in 2011-2012 Legislative Session:
A3969

2009-A5295 (ACTIVE) - Summary

Relates to the definition of regionally significant project; includes a manufacturer making a capital investment of at last ten million dollars and retaining at least two hundred jobs.

2009-A5295 (ACTIVE) - Bill Text download pdf 

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

                                  5295

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 11, 2009
                               ___________

Introduced  by  M.  of  A.  MORELLE,  KOLB, FINCH, OAKS -- read once and
  referred to the  Committee  on  Economic  Development,  Job  Creation,
  Commerce and Industry

AN  ACT  to  amend  the general municipal law, in relation to the empire
  zones program

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

  Section  1.    Paragraph  (i) of subdivision (d) of section 957 of the
general municipal law, as amended by section 1 of part HH of chapter  59
of the laws of 2006, is amended to read as follows:
  (i) all empire zones designated under paragraph (i) of subdivision (a)
and  subdivision (d) of section nine hundred fifty-eight of this article
shall be referred to as "investment zones" and shall be wholly contained
within up to three distinct and  separate  contiguous  areas;  provided,
however,  that  empire  zones  designated prior to the enactment of this
paragraph shall identify up to three distinct  and  separate  contiguous
areas,  which shall equal up to their total allotted acreage at the time
of designation by January first, two thousand six. Provided however, the
existing zone must include as much designated acreage into the  distinct
and  separate  contiguous areas as possible. Provided, however, notwith-
standing the provisions of paragraphs (i) and (ii) of subdivision (a) of
section nine hundred fifty-eight and subdivision  (d)  of  section  nine
hundred  fifty-nine of this article a regionally significant project may
be located outside  of  the  investment  zone's  distinct  and  separate
contiguous  areas,  provided  such significant project is located within
the zone applicant's municipal boundaries. Provided further however,  if
the investment zone is located in a county that does not have a develop-
ment  zone  such  significant project may be located within the county's
boundaries. For the purpose of this article  a  "regionally  significant
project"  shall mean: a manufacturer projecting the creation of fifty or
more jobs; OR A MANUFACTURER MAKING A CAPITAL INVESTMENT OF TEN  MILLION

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00835-01-9

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