Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Oct 03, 2012 |
vetoed memo.169 |
Sep 21, 2012 |
delivered to governor |
Jun 04, 2012 |
returned to senate passed assembly ordered to third reading cal.707 substituted for a9605 |
Jun 04, 2012 |
substituted by s6663 |
Jun 01, 2012 |
advanced to third reading cal.707 |
May 31, 2012 |
reported |
May 01, 2012 |
reported referred to ways and means |
Mar 20, 2012 |
referred to tourism, parks, arts and sports development |
Assembly Bill A9605
Vetoed By Governor2011-2012 Legislative Session
Sponsored By
MARKEY
Archive: Last Bill Status Via S6663 - Vetoed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Vetoed By Governor
- Signed By Governor
Actions
Votes
co-Sponsors
Matthew Titone
Joan Millman
Peter Rivera
Kevin Cahill
multi-Sponsors
Carmen E. Arroyo
William A. Barclay
Daniel Burling
Nancy Calhoun
2011-A9605 (ACTIVE) - Details
- See Senate Version of this Bill:
- S6663
- Law Section:
- Economic Development Law
- Laws Affected:
- Amd §152, Ec Dev L; add §99-u, St Fin L
2011-A9605 (ACTIVE) - Summary
Establishes the "tourism economic development fund" to be funded with revenue from the licensing of the "I Love NY" brand; moneys from such fund shall be appropriated for the promotion, attraction, stimulation, development and expansion of tourist travel, resort, vacation, culture and convention activities in this state.
2011-A9605 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 9605 I N A S S E M B L Y March 20, 2012 ___________ Introduced by M. of A. MARKEY -- read once and referred to the Committee on Tourism, Parks, Arts and Sports Development AN ACT to amend the economic development law and the state finance law, in relation to resources of the "I Love NY" brand THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 3 of section 152 of the economic development law, as added by section 1 of part DD of chapter 59 of the laws of 2006, is amended to read as follows: 3. Nothing in this article shall prohibit the department from licens- ing and leasing the brand to any commercial entity, provided that the appropriate market value for such lease is obtained; AND FURTHER PROVIDED, THAT ANY REVENUE FROM SUCH LICENSING OR LEASING SHALL BE DEPOSITED IN THE TOURISM ECONOMIC DEVELOPMENT FUND ESTABLISHED IN SECTION NINETY-NINE-U OF THE STATE FINANCE LAW, AND BE MADE AVAILABLE FOR APPROPRIATION TO THE DEPARTMENT FOR THE PURPOSE OF FUNDING THE PROMOTION, ATTRACTION, STIMULATION, DEVELOPMENT AND EXPANSION OF TOURIST TRAVEL, RESORT, VACATION, CULTURAL AND CONVENTION ACTIVITIES AUTHORIZED PURSUANT TO THIS CHAPTER. S 2. The state finance law is amended by adding a new section 99-u to read as follows: S 99-U. TOURISM ECONOMIC DEVELOPMENT FUND. 1. THERE IS HEREBY ESTAB- LISHED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER AND THE COMMISSION- ER OF TAXATION AND FINANCE A SPECIAL FUND TO BE KNOWN AS THE "TOURISM ECONOMIC DEVELOPMENT FUND". 2. SUCH FUND SHALL CONSIST OF: (A) ALL MONEYS DERIVED FROM LICENSING AND LEASING OF THE "I LOVE NY" BRAND; (B) ALL MONEYS APPROPRIATED FOR THE PURPOSE OF SUCH FUND AND ALL MONEYS TRANSFERRED TO SUCH FUND PURSU- ANT TO LAW; AND (C) ANY INTEREST EARNED BY THE INVESTMENT OF MONEYS IN SUCH FUND, WHICH SHALL BE ADDED TO SUCH FUND. 3. MONEYS IN THE TOURISM ECONOMIC DEVELOPMENT FUND SHALL BE KEPT SEPA- RATE AND SHALL NOT BE COMMINGLED WITH ANY OTHER MONEYS IN THE CUSTODY OF THE COMPTROLLER. ALL DEPOSITS OF SUCH MONEYS SHALL, IF REQUIRED BY THE COMPTROLLER, BE SECURED BY OBLIGATIONS OF THE UNITED STATES OR THE STATE EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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