assembly Bill A8327

2011-2012 Legislative Session

Creates the North Brooklyn creative economic zone

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Archive: Last Bill Status - In Assembly Committee


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

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 04, 2012 referred to economic development
Jun 13, 2011 referred to economic development

A8327 (ACTIVE) - Details

Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-u, UDC Act; add §36, Tax L

A8327 (ACTIVE) - Summary

Creates the North Brooklyn creative economic zone.

A8327 (ACTIVE) - Bill Text download pdf

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

                                  8327

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              June 13, 2011
                               ___________

Introduced by M. of A. LENTOL -- read once and referred to the Committee
  on Economic Development

AN  ACT  to  amend the urban development corporation act, in relation to
  creating a north Brooklyn creative economic zone; and to amend the tax
  law, in relation to establishing tax credits for  the  north  Brooklyn
  creative economic zone

  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. NORTH BROOKLYN CREATIVE ECONOMIC ZONE. 1.  DEFINITIONS.    FOR
PURPOSES OF THIS SECTION:
  (A)  "CREATIVE  BUSINESS"  SHALL MEAN ANY CURRENT OR NEW BUSINESS THAT
DEVELOPS PLANS TO ADD JOBS TO THE LOCAL ECONOMY WHILE CREATING NEW TECH-
NOLOGY OR NEW PRODUCT DESIGN AND  WHICH  HAS  SUCCESSFULLY  APPLIED  FOR
PATENTS  IN THE TECHNOLOGY OR DESIGN THAT IT IS DEVELOPING OR HAS DEVEL-
OPED.
  (B) "MIXED-USE BUILDING" SHALL MEAN ANY SINGLE  BUILDING  THAT  HOUSES
RESIDENTIAL  AND  BUSINESS  SPACE SHARED BY FOUR OR MORE BUSINESSES OR A
NEW OR REDESIGNED BUILDING DESIGNED TO HOUSE SUCH USES.
  2. THE EMPIRE STATE DEVELOPMENT CORPORATION SHALL  ESTABLISH  A  NORTH
BROOKLYN CREATIVE ECONOMIC ZONE IN THE FOLLOWING GEOGRAPHICAL AREA:
  ALL  OF  THAT LAND WEST OF NEWTOWN CREEK AND, BEGINNING IN A SOUTHERLY
DIRECTION ON FLUSHING AVENUE TO BUSHWICK AVENUE AND THEN CONTINUING IN A
SOUTHEASTERLY DIRECTION TO ARION PLACE AND THEN CONTINUING IN  A  SOUTH-
WESTERLY  DIRECTION  TO  BROADWAY AND THEN CONTINUING IN A SOUTHEASTERLY
DIRECTION TO GATES AVENUE AND THEN CONTINUING IN A WESTERLY DIRECTION TO
FULTON AVENUE AND THEN CONTINUING IN A NORTHWESTERLY DIRECTION TO  FLAT-
BUSH AVENUE AND THEN CONTINUING IN A NORTHWESTERLY DIRECTION TO THE EAST
RIVER.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD13050-01-1