|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Apr 13, 2012||referred to corporations, authorities and commissions|
senate Bill S6933
Archive: Last Bill Status - In Senate Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S6933 - Details
S6933 - Sponsor Memo
BILL NUMBER:S6933 TITLE OF BILL: An act to amend the New York state urban development corporation act, in relation to requiring the corporation to study the city of Buffalo for the purpose of fostering the growth of business and industry in New York state; and providing for the repeal of such provisions upon expiration thereof PURPOSE: The purpose of the study is to examine and evaluate the prospects for retail redevelopment in the city of Buffalo. The commission shall devel- op a retail revitalization program including, choosing target indus- tries, developing voluntary programs, and creating tax credits or other similar incentives. SUMMARY OF PROVISIONS: The "Retail Redevelopment Commission" shall establish a pilot program, whose primary responsibility shall be to produce a study of the possible retail industries that would benefit residents and visitors to Buffalo. This pilot program study shall be conducted within the city of Buffalo and include a comprehensive market analysis study. The commission shall report on current and projected trends in retail for the city, develop initiatives, programs and policies for the devel- opment and growth of retail businesses in Buffalo, as a model for other
S6933 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6933 I N S E N A T E April 13, 2012 ___________ Introduced by Sen. KENNEDY -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the New York state urban development corporation act, in relation to requiring the corporation to study the city of Buffalo for the purpose of fostering the growth of business and industry in New York state; and providing for the repeal of such provisions upon expi- ration thereof 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. RETAIL REDEVELOPMENT IN THE CITY OF BUFFALO. 1. THE CORPO- RATION SHALL COMPLETE A STUDY ON THE PROSPECTS FOR RETAIL REDEVELOPMENT IN THE CITY OF BUFFALO. THROUGH A MARKET ANALYSIS STUDY, THE CORPO- RATION SHALL REPORT ON CURRENT AND PROJECTED TRENDS IN RETAIL FOR THE CITY. THE DEPARTMENT SHALL MAKE RECOMMENDATIONS FOR THE DEVELOPMENT OF INITIATIVES, PROGRAMS AND POLICIES FOR THE GROWTH OF RETAIL BUSINESSES IN BUFFALO, AS A MODEL FOR OTHER CITIES IN THE STATE. THE CORPORATION SHALL DEVELOP A RETAIL REVITALIZATION PROPOSAL INCLUDING, BUT NOT LIMIT- ED, TO THE FOLLOWING: (A) CHOOSING TARGET INDUSTRIES WHICH ARE UNDERREPRESENTED OR WOULD HAVE A POSITIVE EFFECT ON BUFFALO, ITS RESIDENTS AND TOURISTS, AND WOULD BE BENEFICIAL TO THE GROWTH AND FINANCIAL WELL BEING OF THE CITY. (B) DEVELOPING VOLUNTARY PROGRAMS WITH NEW YORK STATE COLLEGES AND UNIVERSITIES TO TRAIN STUDENTS TO WORK IN THE SELECTED TARGET INDUS- TRIES, INCLUDING SPECIFIC EDUCATION IN STARTING AND RUNNING A RETAIL BUSINESS. (C) CREATING TAX CREDITS OR OTHER SIMILAR INCENTIVES FOR RETAILERS WHO ARE WILLING TO OPEN UNDER-REPRESENTED OR FUTURE TREND RETAIL BUSINESSES OR INDUSTRIES IN THE CITY OF BUFFALO; AND WHO ARE WILLING TO HIRE STUDENTS FROM THE VOLUNTARY PROGRAMS INCLUDING FULL-TIME, PART-TIME AND SUMMER EMPLOYMENT. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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