Senate Bill S1250

2013-2014 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

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2013-S1250 (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
2011-2012: S2785

2013-S1250 (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.

2013-S1250 (ACTIVE) - Sponsor Memo

2013-S1250 (ACTIVE) - 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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