senate Bill S1912A

2011-2012 Legislative Session

Establishes an economic grant program for the Second Avenue Subway construction project area

download bill text pdf

Sponsored By

Archive: Last Bill Status -


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (4)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 31, 2012 print number 1912a
amend and recommit to corporations, authorities and commissions
Jan 04, 2012 referred to corporations, authorities and commissions
Jan 14, 2011 referred to corporations, authorities and commissions

Co-Sponsors

S1912 - Details

See Assembly Version of this Bill:
A9021
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-v, UDC Act; add §131-a, Ec Dev L
Versions Introduced in Previous Legislative Sessions:
2009-2010: S3798A, A6137A
2011-2012: A1116

S1912 - Summary

Establishes an economic grant program for the Second Avenue Subway construction project area; defines micro business.

S1912 - Sponsor Memo

S1912 - Bill Text download pdf

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

                                  1912

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 14, 2011
                               ___________

Introduced  by Sens. SERRANO, KRUEGER, PERKINS -- read twice and ordered
  printed, and when printed to be committed to the Committee  on  Corpo-
  rations, Authorities and Commissions

AN ACT to amend the New York state urban development corporation act, in
  relation  to establishing a Second Avenue Subway construction economic
  development grant program; and to amend the economic development  law,
  in relation to the definition of micro business

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

  Section 1. Section 1 of chapter 174 of the laws of 1968,  constituting
the  New  York  state  urban  development corporation act, is amended by
adding a new section 16-u to read as follows:
  S 16-U. SECOND AVENUE SUBWAY CONSTRUCTION ECONOMIC  DEVELOPMENT  GRANT
PROGRAM. (1) THERE IS HEREBY CREATED A SECOND AVENUE SUBWAY CONSTRUCTION
ECONOMIC  DEVELOPMENT  GRANT PROGRAM FOR THE PURPOSE OF PROVIDING FINAN-
CIAL AND TECHNICAL ASSISTANCE TO BUSINESSES LOCATED  WITHIN  THE  SECOND
AVENUE   SUBWAY  CONSTRUCTION  BUSINESS  ZONE  AREA  DURING  PERIODS  OF
CONSTRUCTION.
  (2) FOR THE PURPOSES OF THIS SECTION  THE  FOLLOWING  WORDS  OR  TERMS
SHALL MEAN AS FOLLOWS:
  (A) "SMALL BUSINESS" SHALL HAVE THE SAME MEANING AS DEFINED IN SECTION
131 OF THE ECONOMIC DEVELOPMENT LAW.
  (B) "QUALIFIED BUSINESS" SHALL MEAN A SMALL BUSINESS OR MICRO BUSINESS
OPERATING  WITHIN  A  ONE HUNDRED FIFTY FOOT RADIUS OF THE BUSINESS ZONE
AREA DURING A PERIOD OF AUTHORIZED CONSTRUCTION, AND THE BUSINESS HAS  A
DEMONSTRATED LOSS.
  (C) "BUSINESS ZONE AREA" SHALL MEAN:
  (I)  AN  AREA  IN  WHICH  THE CHAIR OF THE CORPORATION DETERMINES THAT
CONSTRUCTION ON THE SECOND AVENUE SUBWAY PROJECT HAS OCCURRED  THAT  HAS
BEEN  CERTIFIED  BY THE COMMISSIONER FOR THE METROPOLITAN TRANSPORTATION
AUTHORITY; OR

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00212-01-1

Co-Sponsors

S1912A (ACTIVE) - Details

See Assembly Version of this Bill:
A9021
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-v, UDC Act; add §131-a, Ec Dev L
Versions Introduced in Previous Legislative Sessions:
2009-2010: S3798A, A6137A
2011-2012: A1116

S1912A (ACTIVE) - Summary

Establishes an economic grant program for the Second Avenue Subway construction project area; defines micro business.

S1912A (ACTIVE) - Sponsor Memo

S1912A (ACTIVE) - Bill Text download pdf

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

                                 1912--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            January 14, 2011
                               ___________

Introduced  by Sens. SERRANO, KRUEGER, PERKINS -- read twice and ordered
  printed, and when printed to be committed to the Committee  on  Corpo-
  rations,  Authorities  and Commissions -- recommitted to the Committee
  on Corporations, Authorities and Commissions in accordance with Senate
  Rule  6,  sec.  8  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN ACT to amend the New York state urban development corporation act, in
  relation  to establishing a Second Avenue Subway construction economic
  development grant program; and to amend the economic development  law,
  in relation to the definition of micro business

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

  Section 1. Section 1 of chapter 174 of the laws of 1968,  constituting
the  New  York  state  urban  development corporation act, is amended by
adding a new section 16-v to read as follows:
  S 16-V. SECOND AVENUE SUBWAY CONSTRUCTION ECONOMIC  DEVELOPMENT  GRANT
PROGRAM. (1) THERE IS HEREBY CREATED A SECOND AVENUE SUBWAY CONSTRUCTION
ECONOMIC  DEVELOPMENT  GRANT PROGRAM FOR THE PURPOSE OF PROVIDING FINAN-
CIAL AND TECHNICAL ASSISTANCE TO BUSINESSES LOCATED  WITHIN  THE  SECOND
AVENUE   SUBWAY  CONSTRUCTION  BUSINESS  ZONE  AREA  DURING  PERIODS  OF
CONSTRUCTION.
  (2) FOR THE PURPOSES OF THIS SECTION  THE  FOLLOWING  WORDS  OR  TERMS
SHALL MEAN AS FOLLOWS:
  (A) "SMALL BUSINESS" SHALL HAVE THE SAME MEANING AS DEFINED IN SECTION
131 OF THE ECONOMIC DEVELOPMENT LAW.
  (B) "QUALIFIED BUSINESS" SHALL MEAN A SMALL BUSINESS OR MICRO BUSINESS
OPERATING  WITHIN  A  ONE HUNDRED FIFTY FOOT RADIUS OF THE BUSINESS ZONE
AREA DURING A PERIOD OF AUTHORIZED CONSTRUCTION, AND THE BUSINESS HAS  A
DEMONSTRATED LOSS.
  (C) "BUSINESS ZONE AREA" SHALL MEAN:

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00212-02-2

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