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Assembly Bill A8229

2015-2016 Legislative Session

Relates to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund

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Archive: Last Bill Status - In Assembly Committee

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2015-A8229 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd ยงยง189-a & 189-c, Ec Dev L

2015-A8229 (ACTIVE) - Summary

Relates to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund.

2015-A8229 (ACTIVE) - Bill Text download pdf 

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

                                  8229

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                              June 12, 2015
                               ___________

Introduced  by  M.  of  A.  SCHIMMINGER -- read once and referred to the
  Committee on Economic Development

AN ACT to amend the economic development law, in relation to adding  the
  Niagara Frontier transportation authority as an eligible applicant for
  the western New York economic development fund

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

  Section 1. Subdivision 4 of section 189-a of the economic  development
law, as added by section 2 of part GG of chapter 58 of the laws of 2012,
is amended to read as follows:
  4. "Eligible applicant" means a private business, including a not-for-
profit  corporation  OR  THE  NIAGARA  FRONTIER TRANSPORTATION AUTHORITY
CREATED UNDER SECTION TWELVE HUNDRED NINETY-NINE-C OF THE PUBLIC AUTHOR-
ITIES LAW.
  S 2. Section 189-c of the  economic  development  law  is  amended  by
adding two new subdivisions 4-a and 5-a to read as follows:
  4-A.  IN  REVIEWING  AN  APPLICATION SUBMITTED BY THE NIAGARA FRONTIER
TRANSPORTATION AUTHORITY, THE BOARD SHALL  ESTABLISH  CRITERIA  FOR  THE
EXPANSION  OF  BUS  ROUTE PROJECTS THAT WOULD HAVE THE GREATEST ECONOMIC
DEVELOPMENT IMPACT. WHEN CONSIDERING THE  ECONOMIC  DEVELOPMENT  IMPACT,
THE  BOARD  SHALL CONSIDER THE FOLLOWING CRITERIA IN RELATION TO THE BUS
ROUTE PROJECT: JOB CREATION, AND PRIVATE  AND  PUBLIC  INVESTMENT.    IN
ADDITION,  THE  BOARD  SHALL  DETERMINE  THAT ANY EXPANSION OF BUS ROUTE
PROJECTS FUNDED UNDER THIS CHAPTER SHALL NOT IMPACT EXISTING BUS  ROUTES
OR  BUS ROUTE PROJECTS APPROVED PRIOR TO ANY FUNDING PROVIDED UNDER THIS
CHAPTER.
  5-A. THE BOARD MAY RECOMMEND TO THE AUTHORITY THE ALLOCATION  OF  FUND
BENEFITS  FOR A TRANSPORTATION PROJECT RELATED TO THE DEVELOPMENT OF BUS
ROUTES WITH AN ECONOMIC DEVELOPMENT  PURPOSE  ADMINISTERED  THROUGH  THE
NIAGARA  FRONTIER TRANSPORTATION AUTHORITY. THE BOARD MAY INCLUDE WITHIN

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11651-01-5

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