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Senate Bill S2785A

2011-2012 Legislative Session

Establishes an urban and community development program within the state urban development corporation to assist projects in distressed areas

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Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee

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Bill Amendments

co-Sponsors

2011-S2785 - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §3, add §16-v, UDC Act
Versions Introduced in Other Legislative Sessions:
2009-2010: S1129
2013-2014: S1250

2011-S2785 - Summary

Establishes an urban and community development program in the urban development corporation; defines relevant terms; provides for procedures to be followed in implementing the program; provides for preference to be given to economic assistance for projects in distressed areas.

2011-S2785 - Sponsor Memo

2011-S2785 - Bill Text download pdf 

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

                                  2785

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 1, 2011
                               ___________

Introduced  by  Sens.  PERKINS, DIAZ, DUANE, HASSELL-THOMPSON, PARKER --
  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 establishing an urban and community development program

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

  Section 1. Statement of legislative findings and purpose.  The  legis-
lature  finds  that  the  recent  shift  in  emphasis toward state/local
economic development partnerships and  state  support  of  regional  and
local  economic  development activities requires a clear articulation of
strategic objectives, a delineation of respective state/local roles, and
a responsive state mechanism for delivering assistance and services.
  The legislature further finds that New York state has a broad  network
of  community-based,  not-for-profit  economic development organizations
with a knowledge of community conditions, needs, strengths  and  priori-
ties  and  which  possess  an  on-the-scenes knowledge of local business
conditions and experience in providing  technical  assistance  to  small
businesses, managing business retention programs, and providing a varie-
ty of other services.
  The  legislature  further  finds  and  declares that the core areas of
communities throughout the state, composed of central business districts
or commercial strips and their adjacent, surrounding areas, are  suffer-
ing  from  deterioration  and  decline that have negatively affected the
abilities of these communities, as a whole, to retain and  attract  both
residents and jobs.
  The legislature further finds that the revitalization of central busi-
ness  districts  and  commercial strips can result in increased property
values, an expanded tax base, the development of new businesses, and  an
enhanced  ability  to attract and retain industry, tourism and residents

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07801-01-1

co-Sponsors

2011-S2785A (ACTIVE) - Details

Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd §3, add §16-v, UDC Act
Versions Introduced in Other Legislative Sessions:
2009-2010: S1129
2013-2014: S1250

2011-S2785A (ACTIVE) - Summary

Establishes an urban and community development program in the urban development corporation; defines relevant terms; provides for procedures to be followed in implementing the program; provides for preference to be given to economic assistance for projects in distressed areas.

2011-S2785A (ACTIVE) - Sponsor Memo

2011-S2785A (ACTIVE) - Bill Text download pdf 

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

                                 2785--A

                       2011-2012 Regular Sessions

                            I N  S E N A T E

                            February 1, 2011
                               ___________

Introduced  by  Sens.  PERKINS, DIAZ, DUANE, HASSELL-THOMPSON, PARKER --
  read twice and ordered printed, and when printed to  be  committed  to
  the  Committee  on Corporations, Authorities and Commissions -- recom-
  mitted 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 commit-
  tee

AN ACT to amend the New York state urban development corporation act, in
  relation to establishing an urban and community development program

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

  Section  1. Statement of legislative findings and purpose.  The legis-
lature finds that  the  recent  shift  in  emphasis  toward  state/local
economic  development  partnerships  and  state  support of regional and
local economic development activities requires a clear  articulation  of
strategic objectives, a delineation of respective state/local roles, and
a responsive state mechanism for delivering assistance and services.
  The  legislature further finds that New York state has a broad network
of community-based, not-for-profit  economic  development  organizations
with  a  knowledge of community conditions, needs, strengths and priori-
ties and which possess an  on-the-scenes  knowledge  of  local  business
conditions  and  experience  in  providing technical assistance to small
businesses, managing business retention programs, and providing a varie-
ty of other services.
  The legislature further finds and declares  that  the  core  areas  of
communities throughout the state, composed of central business districts
or  commercial strips and their adjacent, surrounding areas, are suffer-
ing from deterioration and decline that  have  negatively  affected  the
abilities  of  these communities, as a whole, to retain and attract both
residents and jobs.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD07801-02-2

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