Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 06, 2016 |
referred to tourism, parks, arts and sports development |
Mar 25, 2015 |
referred to tourism, parks, arts and sports development |
Assembly Bill A6444
2015-2016 Legislative Session
Sponsored By
ENGLEBRIGHT
Archive: Last Bill Status - In Assembly 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
2015-A6444 (ACTIVE) - Details
2015-A6444 (ACTIVE) - Summary
Directs the commissioner of parks, recreation and historic preservation to make loans for the installation of sprinkler systems in historic buildings which are listed in the national or state register of historic places; such loans shall be repaid from the fire insurance premium savings; establishes the historic building sprinkler revolving loan fund.
2015-A6444 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6444 2015-2016 Regular Sessions I N A S S E M B L Y March 25, 2015 ___________ Introduced by M. of A. ENGLEBRIGHT -- read once and referred to the Committee on Tourism, Parks, Arts and Sports Development AN ACT to amend the parks, recreation and historic preservation law, in relation to establishing loans for the purchase and installation of sprinkler systems in historic buildings; and to amend the state finance law, in relation to establishing the historic building sprin- kler revolving loan fund 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 BUILDINGS; SPRINKLER SYSTEM LOANS. 1. THE COMMISSION- ER SHALL MAKE, UPON APPLICATION DULY MADE, LOANS TO OPERATORS OF HISTOR- IC BUILDINGS WHICH ARE EITHER IN THE NATIONAL REGISTER OR STATE REGIS- TER, FOR THE PURCHASE AND INSTALLATION OF SPRINKLER SYSTEMS THEREIN. 2. EACH RECIPIENT OF A LOAN GRANTED PURSUANT TO THIS SECTION SHALL REPAY IT FROM THE MONEYS SAVED AS THE RESULT OF THE REDUCTION IN FIRE INSURANCE PREMIUMS DUE TO THE INSTALLATION OF A SPRINKLER SYSTEM IN THE HISTORIC BUILDING. NO LOAN AUTHORIZED BY THIS SECTION SHALL BEAR ANY INTEREST THEREON. 3. THE COMMISSIONER SHALL HAVE THE POWER TO MAKE SUCH RULES AND REGU- LATIONS AS MAY BE NECESSARY AND PROPER TO EFFECTUATE THE PURPOSES OF THIS SECTION. 4. THE COMMISSIONER SHALL, TO THE MAXIMUM EXTENT FEASIBLE, SEEK TO PROVIDE THAT LOANS AUTHORIZED BY THIS SECTION REFLECT AN APPROPRIATE GEOGRAPHIC DISTRIBUTION AND ARE DISTRIBUTED EQUITABLY. S 2. The state finance law is amended by adding a new section 99-w to read as follows: S 99-W. HISTORIC BUILDING SPRINKLER REVOLVING LOAN FUND. 1. THERE IS HEREBY ESTABLISHED WITHIN THE CUSTODY OF THE STATE COMPTROLLER A SPECIAL EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10041-01-5
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