senate Bill S2759

2013-2014 Legislative Session

Provides that a public authority or municipality may not provide a tax benefit without declaring a specific listing of the public benefit

download bill text pdf

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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

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 08, 2014 referred to corporations, authorities and commissions
Jan 23, 2013 referred to corporations, authorities and commissions

S2759 - Details

See Assembly Version of this Bill:
A6250
Current Committee:
Law Section:
Public Authorities Law
Laws Affected:
Add ยง2928, Pub Auth L
Versions Introduced in Previous Legislative Sessions:
2011-2012: S4449, A6118
2009-2010: A7659

S2759 - Summary

Provides that a public authority or municipality may not provide a tax benefit without declaring a specific published listing of the public benefit.

S2759 - Sponsor Memo

S2759 - Bill Text download pdf

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

                                  2759

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                            January 23, 2013
                               ___________

Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
  when printed to be committed to the Committee on Corporations, Author-
  ities and Commissions

AN ACT to amend the public authorities law, in relation to public  bene-
  fits in exchange for public funds

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

  Section 1. The public authorities law  is  amended  by  adding  a  new
section 2928 to read as follows:
  S  2928.  PUBLIC  BENEFITS.  NO  STATE AUTHORITY OR LOCAL AUTHORITY AS
DEFINED BY SECTION TWO OF THIS CHAPTER AND NO OTHER GOVERNMENTAL  ENTITY
MAY  ISSUE,  APPROVE  OR  SEEK  THE GRANT OR TRANSFER OF ANY ECONOMIC OR
FINANCIAL BENEFIT TO A PRIVATE ENTITY WITHOUT A SPECIFIC PUBLISHED LIST-
ING OF THE BENEFITS TO BE RECEIVED BY THE PUBLIC.  SUCH  BENEFITS  SHALL
INCLUDE  BUT  NOT  BE  LIMITED TO EMPLOYMENT, PUBLIC ACCESS, AND PRIVATE
INVESTMENT. THE PUBLISHED LISTING SHALL BE MADE PUBLIC  AT  LEAST  SIXTY
DAYS BEFORE THE ISSUANCE OF THE ECONOMIC OR FINANCIAL BENEFITS.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD05162-01-3

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