senate Bill S5728

Signed By Governor
2013-2014 Legislative Session

Extends certain provisions relating to the empire state economic development fund

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Archive: Last Bill Status Via A7629 - Signed by Governor


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

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Actions

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Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jun 30, 2013 signed chap.81
Jun 24, 2013 delivered to governor
Jun 18, 2013 delivered to assembly
passed senate
3rd reading cal.1465
substituted for s5728
Jun 18, 2013 substituted by a7629
ordered to third reading cal.1465
committee discharged and committed to rules
Jun 10, 2013 referred to corporations, authorities and commissions

Votes

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S5728 - Bill Details

See Assembly Version of this Bill:
A7629
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Amd ยง16-m, UDC Act

S5728 - Bill Texts

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Extends certain provisions relating to the empire state economic development fund.

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BILL NUMBER:S5728

TITLE OF BILL: An act to amend the New York state urban development
corporation act, in relation to extending certain provisions relating
to the empire state economic development fund

SUMMARY OF SPECIFIC PROVISIONS:

Section 1 amends subdivision 3 of section 16-m of section 1 of Chapter
174 of the Laws of 1968.

Section 2 sets the effective date.

JUSTIFICATION: AND PURPOSE: This legislation would continue the
authorization of the Urban Development Corporation's administration of
the Economic Development Fund which provides loans, loan guarantees,
interest subsidies and grants to various economic development projects
throughout the State.

PRIOR LEGISLATIVE HISTORY: New bill.

FISCAL IMPLICATIONS: None.

EFFECTIVE DATE: This act shall take effect immediately.

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

                                  5728

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              June 10, 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 New York state 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] 2014.
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11042-01-3

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