Assembly Bill A5828

2009-2010 Legislative Session

Authorizes grants and loans to businesses impacted or dislocated by state or local highway and bridge contracts

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Sponsored By

Archive: Last Bill Status - In Assembly 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

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2009-A5828 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §16-m, UDC Act
Versions Introduced in Other Legislative Sessions:
2011-2012: A7525
2013-2014: A5758
2015-2016: A4920

2009-A5828 (ACTIVE) - Summary

Authorizes grants, loans, and loan guarantees from the empire state economic development fund to businesses which are impacted or dislocated by local and state highway and bridge projects funded with public monies.

2009-A5828 (ACTIVE) - Bill Text download pdf 

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

                                  5828

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                            February 20, 2009
                               ___________

Introduced  by M. of A. McKEVITT, WALKER, ERRIGO, FINCH, KOLB, McDONOUGH
  -- Multi-Sponsored by -- M. of A.  ALFANO,  BACALLES,  BARRA,  CROUCH,
  GIGLIO,  HAWLEY -- read once and referred to the Committee on Economic
  Development, Job Creation, Commerce and Industry

AN ACT to amend the New York state urban development corporation act, in
  relation to grants and loans to businesses impacted or  dislocated  by
  highway and bridge projects

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

  Section 1. Paragraph (k) of subdivision 1 of section 16-m of section 1
of chapter 174 of the laws of 1968,  constituting  the  New  York  state
urban  development  corporation act, as added by section 4 of part FF of
chapter 59 of the laws of 2006, is amended and a new  paragraph  (l)  is
added to read as follows:
  (k)  Assistance  for  regional  partnership  proposals, as provided in
subdivision 12 of section 3154 of the public authorities law[.]; AND
  (L) LOANS, LOAN GUARANTEES,  AND  GRANTS  INCLUDING  INTEREST  SUBSIDY
GRANTS  TO  BUSINESSES IMPACTED OR DISLOCATED BY STATE AND LOCAL HIGHWAY
AND BRIDGE PROJECTS FUNDED WITH PUBLIC MONIES.
  S 2. This act shall take effect immediately, except  that  the  amend-
ments  to  subdivision  1 of section 16-m of section 1 of chapter 174 of
the laws of 1968, constituting the  New  York  state  urban  development
corporation  act,  made by section one of this act, shall not affect the
expiration of such section and shall expire and be deemed repealed ther-
ewith.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD09172-01-9

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