assembly Bill A8175A

2017-2018 Legislative Session

Relates to the creation of a searchable database

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (5)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Mar 19, 2018 print number 8175a
Mar 19, 2018 amend and recommit to ways and means
Jan 03, 2018 referred to ways and means
Jun 06, 2017 reported referred to ways and means
Jun 01, 2017 referred to economic development

Co-Sponsors

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Multi-Sponsors

A8175 - Details

Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §52, UDC Act; amd §100, Ec Dev L
Versions Introduced in 2019-2020 Legislative Session:
A2334

A8175 - Summary

Relates to the creation of a searchable database; establishes a searchable database that displays Empire state economic development benefits and other state economic development benefits that qualified participants have been awarded; defines terms.

A8175 - Bill Text download pdf


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

                                  8175

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                              June 1, 2017
                               ___________

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

AN ACT to amend the New York state urban development corporation act and
  the economic development law, in relation to the creation of a search-
  able database

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

  Section  1. Section 1 of chapter 174 of the laws of 1968, constituting
the New York state urban development  corporation  act,  is  amended  by
adding a new section 52 to read as follows:
  §  52.  REPORTING.  (1) DEFINITIONS. FOR THE PURPOSES OF THIS SECTION,
THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  (A) "ECONOMIC DEVELOPMENT BENEFITS" SHALL MEAN THE AVAILABLE STATE  OR
FEDERAL RESOURCES INCLUDING BUT NOT LIMITED TO STATE GRANTS, LOANS, LOAN
GUARANTEES,  SURETY  BONDING GUARANTEES, LOAN INTEREST SUBSIDIES, AND/OR
SUBSIDIES, TAX CREDITS, TAX EXEMPTIONS OR REDUCED TAX RATES AND/OR BENE-
FITS ALLOCATED THROUGH THE CORPORATION;
  (B) "QUALIFIED PARTICIPANT" SHALL MEAN AN INDIVIDUAL, BUSINESS, OR ANY
OTHER ENTITY THAT HAS APPLIED FOR AND RECEIVED APPROVAL  FOR  AND/OR  IS
THE BENEFICIARY OF, ANY ECONOMIC DEVELOPMENT BENEFITS UNDER ANY ECONOMIC
DEVELOPMENT  PROGRAM  OR  PROJECT  OVERSEEN  BY THE NEW YORK STATE URBAN
DEVELOPMENT CORPORATION  OR  ECONOMIC  DEVELOPMENT  BENEFITS  THAT  WERE
ORIGINALLY  ALLOCATED TO THE CORPORATION OR THAT FLOW THROUGH THE CORPO-
RATION OR ARE ALLOCATED BY OR IN CONJUNCTION WITH OTHER STATE AGENCIES;
  (C) "NEW YORK STATE AGENCY" SHALL MEAN ANY  STATE  DEPARTMENT,  BOARD,
BUREAU, DIVISION, COMMISSION, COMMITTEE, PUBLIC AUTHORITY, PUBLIC CORPO-
RATION,  COUNCIL, OFFICE OR OTHER STATE GOVERNMENTAL ENTITY PERFORMING A
GOVERNMENTAL OR PROPRIETARY FUNCTION FOR THE STATE, AS WELL AS  ENTITIES
CREATED  BY  ANY  OF  THE  PRECEDING  OR THAT ARE GOVERNED BY A BOARD OF
DIRECTORS OR SIMILAR BODY A MAJORITY OF WHICH IS DESIGNATED  BY  ONE  OR
MORE STATE OFFICIALS;

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

Co-Sponsors

view additional co-sponsors

Multi-Sponsors

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A8175A (ACTIVE) - Details

Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §52, UDC Act; amd §100, Ec Dev L
Versions Introduced in 2019-2020 Legislative Session:
A2334

A8175A (ACTIVE) - Summary

Relates to the creation of a searchable database; establishes a searchable database that displays Empire state economic development benefits and other state economic development benefits that qualified participants have been awarded; defines terms.

A8175A (ACTIVE) - Bill Text download pdf


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

                                 8175--A

                       2017-2018 Regular Sessions

                          I N  A S S E M B L Y

                              June 1, 2017
                               ___________

Introduced by M. of A. SCHIMMINGER, THIELE, SEPULVEDA, ABINANTI, STIRPE,
  LUPARDO,  BRONSON,  JENNE,  MAGNARELLI, JAFFEE, D'URSO, ORTIZ, WALTER,
  OAKS, FAHY, BUCHWALD, SKOUFIS, NORRIS, COLTON, HARRIS,  ABBATE,  McDO-
  NALD, CUSICK, TAYLOR, HUNTER -- Multi-Sponsored by -- M. of A. CAHILL,
  CRESPO,  ENGLEBRIGHT, SIMON -- read once and referred to the Committee
  on Economic Development -- recommitted to the Committee  on  Ways  and
  Means  in  accordance  with  Assembly  Rule  3,  sec.  2  -- committee
  discharged, bill amended, ordered reprinted as amended and recommitted
  to said committee

AN ACT to amend the New York state urban development corporation act and
  the economic development law, in relation to the creation of a search-
  able database

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

  Section  1. Section 1 of chapter 174 of the laws of 1968, constituting
the New York state urban development  corporation  act,  is  amended  by
adding a new section 52 to read as follows:
  §  52.  REPORTING.  (1) DEFINITIONS. FOR THE PURPOSES OF THIS SECTION,
THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
  (A) "ECONOMIC DEVELOPMENT BENEFITS" SHALL MEAN AND INCLUDE THE FOLLOW-
ING:
  (I) AVAILABLE STATE RESOURCES AND/OR FUNDS INCLUDING, BUT NOT  LIMITED
TO,  STATE  GRANTS,  LOANS,  LOAN  GUARANTEES,  LOAN INTEREST SUBSIDIES,
AND/OR SUBSIDIES; AND/OR
  (II) TAX CREDITS, TAX EXEMPTIONS OR REDUCED TAX RATES AND/OR  BENEFITS
WHICH  ARE  APPLIED  FOR AND PREAPPROVED OR CERTIFIED BY A STATE AGENCY;
AND
  (A-1) "EMPIRE STATE ECONOMIC DEVELOPMENT BENEFITS"  SHALL  MEAN  THOSE
ECONOMIC  DEVELOPMENT  BENEFITS  MADE AVAILABLE TO THE URBAN DEVELOPMENT
CORPORATION AND/OR THE DEPARTMENT OF ECONOMIC DEVELOPMENT TO AWARD  SUCH
BENEFITS TO QUALIFIED RECIPIENTS, OR THOSE ECONOMIC DEVELOPMENT BENEFITS

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