|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 08, 2014||referred to corporations, authorities and commissions|
|Jan 09, 2013||referred to corporations, authorities and commissions|
senate Bill S1250
Archive: Last Bill Status - In Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S1250 - Details
S1250 - 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.
S1250 - Sponsor Memo
BILL NUMBER:S1250 TITLE OF BILL: An act to amend the New York state urban development corporation act, in relation to establishing an urban and community development program PURPOSE: To codify the Urban and Community Development Program that exists only in appropriations language and to eliminate redundant and duplicative language. SUMMARY OF PROVISIONS: Section 2 of the bill adds new definition to the Urban Development Corporation Act, including definitions for economically distressed areas, highly distressed areas and commercial strips. Section 3 adds a new paragraph 16-v to the UDC Act, establishing the Urban and Community Development Program, which consists of an urban and community: *Main street revitalization program (subdivision 4), which provides matching funds for management support to not-for-profit corporations involved in commercial revitalization activities; *Development assistance program (subdivision 5), which provides grants
S1250 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1250 2013-2014 Regular Sessions I N S E N A T E (PREFILED) January 9, 2013 ___________ Introduced by Sens. PERKINS, DIAZ, 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.
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