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Senate Bill S5764

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 Senate Committee Finance Committee

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2015-S5764 (ACTIVE) - Details

See Assembly Version of this Bill:
A7907
Current Committee:
Senate Finance
Law Section:
Economic Development Law
Laws Affected:
Amd ยง189-a, Ec Dev L
Versions Introduced in 2017-2018 Legislative Session:
S5452, A2779

2015-S5764 (ACTIVE) - Summary

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

2015-S5764 (ACTIVE) - Sponsor Memo

2015-S5764 (ACTIVE) - Bill Text download pdf 

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

                                  5764

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 2, 2015
                               ___________

Introduced  by  Sen.  ORTT  --  read twice and ordered printed, and when
  printed to be committed to the Committee on  Energy  and  Telecommuni-
  cations

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.  PUBLIC  BENEFIT  CORPORATIONS  CREATED  TO  MANAGE,
CONTROL  AND  DIRECT  THE  MAINTENANCE  AND  OPERATION OF TRANSPORTATION
FACILITIES, EQUIPMENT, REAL PROPERTY  OR  INFRASTRUCTURE,  SUCH  AS  THE
NIAGARA  FRONTIER  TRANSPORTATION AUTHORITY CREATED UNDER SECTION TWELVE
HUNDRED NINETY-NINE-C OF THE PUBLIC AUTHORITIES LAW, SHALL BE AN  ELIGI-
BLE APPLICANT.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11359-01-5

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