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

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance 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-S2681 (ACTIVE) - Details

Current Committee:
Senate Finance
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 Other Legislative Sessions:
2009-2010: S4679
2011-2012: S760

2013-S2681 (ACTIVE) - Summary

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.

2013-S2681 (ACTIVE) - Sponsor Memo

2013-S2681 (ACTIVE) - Bill Text download pdf

                            
                    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
              

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