S T A T E O F N E W Y O R K
________________________________________________________________________
9654
I N A S S E M B L Y
May 14, 2014
___________
Introduced by M. of A. ROBERTS -- read once and referred to the Commit-
tee on Local Governments
AN ACT to amend the general municipal law, in relation to requiring the
Onondaga county industrial development agency to obtain approval from
the local municipalities before granting financial assistance to enti-
ties within those municipalities
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 895 of the general municipal law is amended by
adding a new subdivision 3 to read as follows:
3. NOTWITHSTANDING THE POWERS AND DUTIES NOW OR HEREAFTER CONFERRED
BY TITLE ONE OF THIS ARTICLE, THE AGENCY SHALL OBTAIN THE APPROVAL OF
THE GOVERNING BODY WITHIN THE BOUNDARIES OF THE LOCAL MUNICIPALITY OR
AFFECTED TAX JURISDICTION BEFORE GRANTING ANY FINANCIAL ASSISTANCE,
INCLUDING, BUT NOT LIMITED TO, PAYMENTS IN LIEU OF TAX AGREEMENTS AND
THE ISSUANCE OF BONDS AND NOTES, TO ANY PERSON, PARTNERSHIP, COOPERATION
OR OTHER LEGAL ENTITY WITHIN THE TERRITORIAL BOUNDARY OF THE AFFECTED
TAX JURISDICTION. SUCH APPROVAL SHALL BE SERVED UPON THE SECRETARY OF
THE ONONDAGA COUNTY INDUSTRIAL DEVELOPMENTAL AGENCY IN THE FORM OF A
CERTIFIED ORDINANCE ADOPTED BY THE GOVERNING BODY. SUCH ORDINANCE SHALL
BE SERVED WITHIN FORTY-FIVE DAYS OF THE GOVERNING BODY'S RECEIPT OF THE
ONONDAGA COUNTY INDUSTRIAL DEVELOPMENT AGENCY PROPOSAL TO GRANT SUCH
FINANCIAL ASSISTANCE. THE GOVERNING BODY OF SUCH TAX AFFECTED JURISDIC-
TION SHALL HAVE NINETY DAYS TO APPROVE OR DENY SUCH REQUEST.
S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD14362-02-4