senate Bill S2681

2013-2014 Legislative Session

Establishes a historic preservation revolving loan program to provide interest free loans to municipalities for historic preservation projects

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Feb 04, 2014 reported and committed to finance
Jan 08, 2014 referred to cultural affairs, tourism, parks and recreation
Apr 24, 2013 reported and committed to finance
Jan 23, 2013 referred to cultural affairs, tourism, parks and recreation

Votes

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Feb 5, 2014 - Cultural Affairs, Tourism, Parks and Recreation committee Vote

S2681
12
0
committee
12
Aye
0
Nay
0
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Cultural Affairs, Tourism, Parks and Recreation committee vote details

Cultural Affairs, Tourism, Parks and Recreation Committee Vote: Feb 5, 2014

Apr 24, 2013 - Cultural Affairs, Tourism, Parks and Recreation committee Vote

S2681
11
0
committee
11
Aye
0
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Cultural Affairs, Tourism, Parks and Recreation committee vote details

Cultural Affairs, Tourism, Parks and Recreation Committee Vote: Apr 24, 2013

aye wr (1)

Co-Sponsors

S2681 - Bill Details

Current Committee:
Law Section:
Parks, Recreation and Historic Preservation Law
Laws Affected:
Add §14.11, Pks & Rec L; add §91-e, St Fin L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S760
2009-2010: S4679

S2681 - Bill Texts

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Establishes a historic preservation revolving loan program, within the office of parks, recreation and historic preservation, to provide interest free loans to municipalities for historic preservation projects; establishes the historic preservation revolving loan fund.

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BILL NUMBER:S2681

TITLE OF BILL: An act to amend the parks, recreation and historic pres-
ervation law and the state finance law, in relation to establishing a
historic preservation revolving loan program

PURPOSE: To establish a revolving loan fund for the purposes of histor-
ic preservation.

SUMMARY OF PROVISIONS: This bill amends the Parks, Recreation and
Historic Preservation Law by adding a new section 14.11, which directs
the Commissioner of the Office of Parks, Recreation and Historic Preser-
vation to establish a historic preservation revolving loan fund. Section
2 amends the State Finance Law by adding a new section 91-e, placing
jurisdiction of this fund under the State Comptroller and the Commis-
sioner of Taxation and Finance.

JUSTIFICATION: Many communities do not have the resources available to
engage in the preservation of local historic sites. These sites, which
could improve the culture, economic, and historic value of a region, are
often neglected. This fund will make it possible for many communities to
actively improve their local landscape without undue expense to the
taxpayer.

LEGISLATIVE HISTORY:
2011,2012: S.760 Reported to Finance
2009,2010: S.4679 Referred to Cultural Affairs, Tourism, Parks and
Recreation
2007,2008: S.406A Passed Senate
2006: S.6491/A.5721 Referred to Finance
2005: A.5721 Referred to Cultural Affairs, Tourism, Parks and Recreation
2003,2004: A.4677 Referred to Tourism, Arts and Sports Development

FISCAL IMPLICATIONS: None to the State.

EFFECTIVE DATE: This act shall take effect 180 days after it shall have
become law.

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

                                  2681

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 23, 2013
                               ___________

Introduced  by  Sens.  YOUNG,  LITTLE, MAZIARZ -- read twice and ordered
  printed, and when printed to be committed to the Committee on Cultural
  Affairs, Tourism, Parks and Recreation

AN ACT to amend the parks, recreation and historic preservation law  and
  the  state finance law, in relation to establishing a historic preser-
  vation revolving loan program

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

  Section  1.  The  parks,  recreation  and historic preservation law is
amended by adding a new section 14.11 to read as follows:
  S 14.11 HISTORIC PRESERVATION REVOLVING LOAN PROGRAM. 1.  THE  COMMIS-
SIONER  SHALL  ESTABLISH  AND MAINTAIN A HISTORIC PRESERVATION REVOLVING
LOAN PROGRAM TO PROVIDE LOANS TO MUNICIPALITIES FOR ANY  PURPOSE  DESIG-
NATED IN THIS ARTICLE. SUCH PROGRAM SHALL PROVIDE INTEREST FREE LOANS TO
MUNICIPALITIES  FOR  SUCH  LOCAL  HISTORIC  PRESERVATION PROJECTS AS THE
COMMISSIONER SHALL DEEM TO BE ELIGIBLE PURSUANT TO RULE OR REGULATION.
  2. THE COMMISSIONER SHALL PROMULGATE RULES  AND  REGULATIONS  FOR  THE
PURPOSE OF CARRYING OUT THE PROVISIONS OF THIS SECTION, INCLUDING ESTAB-
LISHING:
  (A) AN APPLICATION PROCESS WHEREBY MUNICIPALITIES MAY APPLY FOR LOANS;
  (B)  CRITERIA AND STANDARDS FOR DETERMINING A LOCAL HISTORIC PRESERVA-
TION PROJECT'S ELIGIBILITY FOR A LOAN;
  (C) CRITERIA AND STANDARDS FOR DETERMINING THE PRIORITY TO BE  GRANTED
AMONG LOCAL HISTORIC PRESERVATION PROJECTS;
  (D)  CRITERIA  AND  STANDARDS  FOR DETERMINING THE AMOUNT OF FINANCIAL
ASSISTANCE TO BE PROVIDED TO A MUNICIPALITY FOR A LOCAL HISTORIC PRESER-
VATION PROJECT; AND
  (E) CRITERIA AND STANDARDS TO BE USED IN DETERMINING THE  LOAN  REPAY-
MENT PERIODS AND THE TERMS OF ANY REPAYMENT AGREEMENTS.
  3. THE OFFICE MAY PROVIDE FINANCIAL ASSISTANCE TO MUNICIPALITIES WITH-
IN  THE  AMOUNTS  AVAILABLE  IN THE HISTORIC PRESERVATION REVOLVING LOAN

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06510-01-3

S. 2681                             2

FUND ESTABLISHED PURSUANT TO SECTION NINETY-ONE-E OF THE  STATE  FINANCE
LAW.
  S  2. The state finance law is amended by adding a new section 91-e to
read as follows:
  S 91-E. HISTORIC PRESERVATION REVOLVING LOAN FUND. 1. THERE IS  HEREBY
ESTABLISHED  IN  THE  JOINT  CUSTODY  OF  THE  STATE COMPTROLLER AND THE
COMMISSIONER OF TAXATION AND FINANCE A SPECIAL FUND TO BE KNOWN  AS  THE
"HISTORIC PRESERVATION REVOLVING LOAN FUND".
  2.  THE HISTORIC PRESERVATION REVOLVING LOAN FUND SHALL CONSIST OF ALL
MONIES APPROPRIATED, CREDITED OR TRANSFERRED THERETO  FROM  THE  GENERAL
FUND  OR  ANY  OTHER  SOURCE PURSUANT TO LAW, INCLUDING THE REPAYMENT OF
LOANS PROVIDED TO MUNICIPALITIES PURSUANT TO SECTION 14.11 OF THE PARKS,
RECREATION AND HISTORIC PRESERVATION LAW.
  3. THE MONIES  IN  THE  HISTORIC  PRESERVATION  REVOLVING  LOAN  FUND,
FOLLOWING  APPROPRIATION  THEREOF,  SHALL  BE AVAILABLE TO THE OFFICE OF
PARKS, RECREATION AND HISTORIC PRESERVATION FOR THE PURPOSES  OF  IMPLE-
MENTING  THE  PROVISIONS  OF  SECTION 14.11 OF THE PARKS, RECREATION AND
HISTORIC PRESERVATION LAW.
  S 3. This act shall take effect on the one hundred eightieth day after
it shall have become a law; provided, however, that any rules and  regu-
lations  necessary to implement the provisions of this act on its effec-
tive date are authorized and directed to be  promulgated  on  or  before
such date.

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