|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 04, 2012||referred to corporations, authorities and commissions|
|Jan 07, 2011||referred to corporations, authorities and commissions|
senate Bill S1393
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1393 - Details
S1393 - 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.
S1393 - Sponsor Memo
BILL NUMBER:S1393 TITLE OF BILL: An act to amend the public authorities law, in relation to enacting the "public benefits for professional facilities act" PURPOSE: The primary purpose of this bill is to provide an accounting of all benefits that any state or local authority has granted for the purpose of construction, reconstruction, repair, or rehabilitation of a professional sports facility to the legislature, and to condition such benefits on an affordable ticket agreement. SUMMARY OF PROVISIONS: Section One: Title of bill. Section Two of the bill amends the public authorities law by adding a new title 3-B, Section 2860 which requires that 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 facility and requires the Empire State development corporation to publish on its website and provide to the legislature an update of such accounting by February fifteenth of
S1393 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1393 2011-2012 Regular Sessions I N S E N A T E January 7, 2011 ___________ Introduced by Sen. PERKINS -- 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". S 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. S 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 NINE. THEREAFTER, THE EMPIRE STATE DEVELOPMENT CORPORATION SHALL PUBLISH ON ITS WEBSITE AND PROVIDE TO THE LEGISLATURE AN UPDATE OF SUCH ACCOUNT- ING BY FEBRUARY FIFTEENTH OF EACH YEAR, COVERING THE PERIOD ENDING DECEMBER THIRTY-FIRST OF THE PRECEDING YEAR. ANY STATE OR LOCAL AUTHORI- TY THAT HAS GRANTED OR OBLIGATED ITSELF TO GRANT ANY SUCH BENEFIT SHALL REPORT THE TERMS OF SUCH BENEFIT TO THE EMPIRE STATE DEVELOPMENT CORPO- RATION 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. LBD01007-01-1
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