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Senate Bill S5155A

2017-2018 Legislative Session

Relates to retail sales of the Industrial Development Agency

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Archive: Last Bill Status - In Senate Committee Rules Committee

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co-Sponsors

2017-S5155 - Details

See Assembly Version of this Bill:
A7894
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Amd §862, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
S3825

2017-S5155 - Summary

Relates to retail sales on funds of the Industrial Development Agency.

2017-S5155 - Sponsor Memo

2017-S5155 - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5155
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               March 9, 2017
                                ___________
 
 Introduced  by  Sen.  RANZENHOFER -- read twice and ordered printed, and
   when printed to be committed to the Committee on Local Government
 
 AN ACT to amend the general municipal law, in relation to  retail  sales
   and restrictions on funds of the Industrial Development agency
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (b) of subdivision 2 of section 862 of the gener-
 al municipal law, as added by section 1 of part J of chapter 59  of  the
 laws  of  2013,  is  amended and a new paragraph (d) is added to read as
 follows:
   (b) Notwithstanding the provisions of paragraph (a) of  this  subdivi-
 sion,  financial assistance may, however, be provided to a project where
 facilities or property that are primarily used in making retail sales of
 goods or services to customers who personally visit such  facilities  to
 obtain  such  goods  or  services  constitute more than one-third of the
 total project cost, where: (i) the predominant purpose  of  the  project
 would  be  to  make available goods or services which would not, but for
 the project, be reasonably accessible to  the  residents  of  the  city,
 town,  or  village  within  which  the proposed project would be located
 because of a lack  of  reasonably  accessible  retail  trade  facilities
 offering  such  goods or services; [or] (ii) the project is located in a
 highly distressed area; (III) WHERE "RETAIL SALES" CONSISTS OF SPECIALTY
 OR BOUTIQUE SHOPS AS PART OF A MIXED USE PROJECT  INCLUDING  RESIDENTIAL
 AND/OR  OFFICE  USES  OR  ADAPTIVE  RE-USE DEVELOPMENT; OR (IV) WHERE AN
 EXISTING DILAPIDATED AND OBSOLETE "RETAIL SALES" BUILDING IS  A  "QUALI-
 FIED DISTRESSED COMMERCIAL PROPERTY".
   (D)  1. THE TERM "QUALIFIED DISTRESSED COMMERCIAL PROPERTY" MEANS, FOR
 PURPOSES OF THIS SECTION, A DISTRESSED COMMERCIAL PROPERTY LOCATED WITH-
 IN NEW YORK STATE:
   I. WHICH REQUIRES SUBSTANTIAL REHABILITATION, OR
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10441-01-7

co-Sponsors

2017-S5155A - Details

See Assembly Version of this Bill:
A7894
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Amd §862, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
S3825

2017-S5155A - Summary

Relates to retail sales on funds of the Industrial Development Agency.

2017-S5155A - Sponsor Memo

2017-S5155A - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5155--A
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               March 9, 2017
                                ___________
 
 Introduced  by  Sens. RANZENHOFER, AKSHAR, AMEDORE, SERINO -- read twice
   and ordered printed, and when printed to be committed to the Committee
   on Local Government -- committee  discharged,  bill  amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN  ACT  to amend the general municipal law, in relation to retail sales
   and restrictions on funds of the Industrial Development agency
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (b) of subdivision 2 of section 862 of the gener-
 al  municipal  law, as added by section 1 of part J of chapter 59 of the
 laws of 2013, is amended and a new paragraph (d) is  added  to  read  as
 follows:
   (b)  Notwithstanding  the provisions of paragraph (a) of this subdivi-
 sion, financial assistance may, however, be provided to a project  where
 facilities or property that are primarily used in making retail sales of
 goods  or  services to customers who personally visit such facilities to
 obtain such goods or services constitute  more  than  one-third  of  the
 total  project  cost,  where: (i) the predominant purpose of the project
 would be to make available goods or services which would  not,  but  for
 the  project,  be  reasonably  accessible  to the residents of the city,
 town, or village within which the  proposed  project  would  be  located
 because  of  a  lack  of  reasonably  accessible retail trade facilities
 offering such goods or services; [or] (ii) the project is located  in  a
 highly  distressed  area;  (III)  "RETAIL SALES" CONSIST OF SPECIALTY OR
 BOUTIQUE SHOPS AS PART OF A  MIXED  USE  PROJECT  INCLUDING  RESIDENTIAL
 AND/OR  OFFICE  USES OR ADAPTIVE RE-USE DEVELOPMENT; OR (IV) AN EXISTING
 DILAPIDATED  AND  OBSOLETE  "RETAIL  SALES"  BUILDING  IS  A  "QUALIFIED
 DISTRESSED COMMERCIAL PROPERTY".
   (D)  1. THE TERM "QUALIFIED DISTRESSED COMMERCIAL PROPERTY" MEANS, FOR
 PURPOSES OF THIS SECTION, A DISTRESSED COMMERCIAL PROPERTY LOCATED WITH-
 IN NEW YORK STATE:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

co-Sponsors

2017-S5155B (ACTIVE) - Details

See Assembly Version of this Bill:
A7894
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Amd §862, Gen Muni L
Versions Introduced in 2019-2020 Legislative Session:
S3825

2017-S5155B (ACTIVE) - Summary

Relates to retail sales on funds of the Industrial Development Agency.

2017-S5155B (ACTIVE) - Sponsor Memo

2017-S5155B (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  5155--B
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                               March 9, 2017
                                ___________
 
 Introduced  by  Sens. RANZENHOFER, AKSHAR, AMEDORE, SERINO -- read twice
   and ordered printed, and when printed to be committed to the Committee
   on Local Government -- committee  discharged,  bill  amended,  ordered
   reprinted  as amended and recommitted to said committee -- recommitted
   to the Committee on Local Government in accordance with Senate Rule 6,
   sec. 8 -- committee discharged, bill  amended,  ordered  reprinted  as
   amended and recommitted to said committee
 
 AN  ACT  to amend the general municipal law, in relation to retail sales
   of the industrial development agency
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (b) of subdivision 2 of section 862 of the gener-
 al  municipal  law, as added by section 1 of part J of chapter 59 of the
 laws of 2013, is amended to read as follows:
   (b) Notwithstanding the provisions of paragraph (a) of  this  subdivi-
 sion,  financial assistance may, however, be provided to a project where
 facilities or property that are primarily used in making retail sales of
 goods or services to customers who personally visit such  facilities  to
 obtain  such  goods  or  services  constitute more than one-third of the
 total project cost, where: (i) the predominant purpose  of  the  project
 would  be  to  make available goods or services which would not, but for
 the project, be reasonably accessible to  the  residents  of  the  city,
 town,  or  village  within  which  the proposed project would be located
 because of a lack  of  reasonably  accessible  retail  trade  facilities
 offering  such  goods or services; [or] (ii) the project is located in a
 highly distressed area; OR (III) "RETAIL SALES" CONSIST OF  PROFESSIONAL
 OFFICES  INCLUDING MEDICAL, DENTAL, CHIROPRACTIC, INSURANCE, ACCOUNTING,
 OPTICIAN OR CONSULTING PROFESSIONS, AS  PART  OF  A  MIXED  USE  PROJECT
 INCLUDING RESIDENTIAL AND/OR OFFICE USES OR ADAPTIVE RE-USE DEVELOPMENT.
   § 2. This act shall take effect immediately.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10441-04-7

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