Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Dec 18, 2015 |
signed chap.563 |
Dec 07, 2015 |
delivered to governor |
Jun 19, 2015 |
returned to senate passed assembly |
Jun 18, 2015 |
ordered to third reading rules cal.628 substituted for a7915 |
Jun 17, 2015 |
referred to ways and means delivered to assembly passed senate ordered to third reading cal.1734 |
Jun 09, 2015 |
referred to rules |
Senate Bill S5867
Signed By Governor2015-2016 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - Signed by Governor
- 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
Votes
co-Sponsors
(D) Senate District
(R, C) 58th Senate District
(D) Senate District
2015-S5867 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7915
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §§859-a & 874, Gen Muni L
2015-S5867 (ACTIVE) - Summary
Relates to the accountability and efficiency of industrial development agencies and authorities; requires each industrial development agency to develop a standard application form to be used by the agency to accept requests for financial assistance from all individuals, firms, companies and developers; further requires industrial development agencies to develop policies for the suspension or discontinuance of financial assistance of PILOT.
2015-S5867 (ACTIVE) - Sponsor Memo
BILL NUMBER: S5867 TITLE OF BILL : An act to amend the general municipal law, in relation to the accountability and efficiency of industrial development agencies and authorities PURPOSE : To increase the accountability and improve the efficiency and transparency of the operations of industrial development agencies and authorities (IDAs) by requiring standard application forms for requests for financial assistance, uniform criteria for the evaluation and selection for each category of projects for which financial assistance is provided, and uniform project agreements. SUMMARY OF PROVISIONS : Section one of the bill would add three new subdivisions to General Municipal Law § 859-a: Standard application form - A new subdivision four would added to General Municipal Law § 859-a to require each IDA to develop a standard application form for requests for financial assistance from IDAs. The form would be submitted by or on behalf of the applicant, and subscribed and affirmed under penalties of perjury as true, accurate and complete. The form would be required to contain certain
2015-S5867 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 5867 2015-2016 Regular Sessions I N S E N A T E June 9, 2015 ___________ Introduced by Sen. MARCHIONE -- (at request of the State Comptroller) -- read twice and ordered printed, and when printed to be committed to the Committee on Rules AN ACT to amend the general municipal law, in relation to the account- ability and efficiency of industrial development agencies and authori- ties THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 859-a of the general municipal law is amended by adding three new subdivisions 4, 5 and 6 to read as follows: 4. EACH AGENCY SHALL DEVELOP A STANDARD APPLICATION FORM, WHICH SHALL BE USED BY THE AGENCY TO ACCEPT REQUESTS FOR FINANCIAL ASSISTANCE FROM ALL INDIVIDUALS, FIRMS, COMPANIES, DEVELOPERS OR OTHER ENTITIES OR ORGANIZATIONS. THE STANDARD APPLICATION FORM SHALL BE SUBMITTED BY OR ON BEHALF OF THE APPLICANT, AND SUBSCRIBED AND AFFIRMED UNDER THE PENALTIES OF PERJURY BY THE APPLICANT, OR ON BEHALF OF THE APPLICANT BY THE CHIEF EXECUTIVE OFFICER OR SUCH OTHER INDIVIDUAL THAT IS DULY AUTHORIZED TO BIND THE APPLICANT, AS TRUE, ACCURATE AND COMPLETE TO THE BEST OF HIS OR HER KNOWLEDGE. THE STANDARD APPLICATION FORM SHALL INCLUDE THE FOLLOW- ING, AND MAY INCLUDE SUCH OTHER SUPPLEMENTAL INFORMATION AS DETERMINED TO BE NECESSARY AND APPROPRIATE BY THE AGENCY, INCLUDING SUPPORTING DOCUMENTS AND INFORMATION PROVIDED BY OR ON BEHALF OF THE APPLICANT: (A) THE NAME AND ADDRESS OF THE PROJECT APPLICANT; (B) A DESCRIPTION OF THE PROPOSED PROJECT FOR WHICH FINANCIAL ASSIST- ANCE IS REQUESTED, INCLUDING THE TYPE OF PROJECT, PROPOSED LOCATION AND PURPOSE OF THE PROJECT; (C) THE AMOUNT AND TYPE OF FINANCIAL ASSISTANCE BEING REQUESTED, INCLUDING THE ESTIMATED VALUE OF EACH TYPE OF TAX EXEMPTION SOUGHT TO BE CLAIMED BY REASON OF AGENCY INVOLVEMENT IN THE PROJECT; (D) A STATEMENT THAT THERE IS A LIKELIHOOD THAT THE PROJECT WOULD NOT BE UNDERTAKEN BUT FOR THE FINANCIAL ASSISTANCE PROVIDED BY THE AGENCY EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11236-02-5
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