Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to corporations, authorities and commissions returned to senate died in assembly |
Jun 11, 2013 |
referred to economic development delivered to assembly passed senate |
Jun 10, 2013 |
advanced to third reading |
Jun 05, 2013 |
2nd report cal. |
Jun 04, 2013 |
1st report cal.1115 |
May 21, 2013 |
referred to corporations, authorities and commissions |
Senate Bill S5570
2013-2014 Legislative Session
Sponsored By
(R, C, IP) Senate District
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
Actions
Votes
2013-S5570 (ACTIVE) - Details
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- New York State Urban Development Corporation Act
- Laws Affected:
- Amd §16-m, UDC Act
2013-S5570 (ACTIVE) - Sponsor Memo
BILL NUMBER:S5570 TITLE OF BILL: An act to amend the urban development corporation act, in relation to extending certain provisions relating to the empire state economic development fund Purpose: This bill would extend the effectiveness of the Empire State Economic Development Fund (the "EDF") for two years. Summary of Provisions: Section 1 of this bill would amend subdivision 3 of Section 16-m of the Urban Development Corporation Act (the "UDC Act"), L. 1968 c. 174, to extend the authority of the Urban Development Corporation ("UDC") to disburse funds from the EDF until July 1, 2015. Section 2 of the bill would make the act effective immediately. Existing Law: The EDF was created in 1996 with the adoption of Section 16-i of the UDC Act, L. 1996 c. 309 § 105. After annual extensions through 2001, this section of the UDC Act expired and was replaced in 2002 by Section 16-m of the UDC Act, L. 2002 c, 84 pt. N. Like its predecessor, Section 16-m contained a sunset provision that was serially extended through the 2012-2013 fiscal year. Section 16-m is currently set to expire on July 1, 2013.
2013-S5570 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5570 2013-2014 Regular Sessions I N S E N A T E May 21, 2013 ___________ Introduced by Sen. RANZENHOFER -- (at request of the Empire State Devel- opment) -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commis- sions AN ACT to amend the urban development corporation act, in relation to extending certain provisions relating to the empire state economic development fund THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 3 of section 16-m of section 1 of chapter 174 of the laws of 1968, constituting the New York state urban development corporation act, as amended by section 1 of part S of chapter 58 of the laws of 2012, is amended to read as follows: 3. The provisions of this section shall expire, notwithstanding any inconsistent provision of subdivision 4 of section 469 of chapter 309 of the laws of 1996 or of any other law, on July 1, [2013] 2015. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10822-01-3
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