Assembly Bill A5781

2019-2020 Legislative Session

Creates the New York state community service loan board; appropriation

download bill text pdf

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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

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2019-A5781 (ACTIVE) - Details

See Senate Version of this Bill:
S4855
Current Committee:
Assembly Governmental Operations
Law Section:
Executive Law
Laws Affected:
Add Art 26-C §§751 - 757, Exec L
Versions Introduced in Other Legislative Sessions:
2009-2010: S341
2011-2012: S2603, S6212
2013-2014: S2956
2015-2016: A6337, S1886
2017-2018: A1679, S3287
2021-2022: S4941
2023-2024: S6036

2019-A5781 (ACTIVE) - Summary

Creates the New York state community service loan board to fund state businesses adversely affected by state agency actions; provides for the organization, powers and duties thereof; provides for bridge loans to certain community organizations; appropriates $100,000 therefor.

2019-A5781 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5781
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 19, 2019
                                ___________
 
 Introduced by M. of A. MOSLEY -- read once and referred to the Committee
   on Governmental Operations
 
 AN  ACT to amend the executive law, in relation to creating the New York
   state community service loan board and making an appropriation  there-
   for
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The executive law is amended by adding a new  article  26-C
 to read as follows:
                                ARTICLE 26-C
                NEW YORK STATE COMMUNITY SERVICE LOAN BOARD
 SECTION 751. DEFINITIONS.
         752. NEW YORK STATE COMMUNITY SERVICE LOAN BOARD.
         753. PURPOSES OF THE BOARD.
         754. GENERAL POWERS OF THE BOARD.
         755. SPECIAL POWERS OF THE BOARD.
         756. COOPERATION OF OTHER STATE AGENCIES.
         757. DETERMINATION  OF  ELIGIBILITY  FOR  PAYMENT OF INTEREST ON
                MONEY OWED TO ELIGIBLE ORGANIZATIONS.
   § 751. DEFINITIONS. AS USED IN THIS ARTICLE THE FOLLOWING TERMS  SHALL
 HAVE THE FOLLOWING MEANINGS:
   1.  "BOARD"  MEANS  THE  NEW  YORK  STATE COMMUNITY SERVICE LOAN BOARD
 CREATED BY THIS ARTICLE.
   2. "ELIGIBLE ORGANIZATION" MEANS ANY NOT-FOR-PROFIT  AGENCY  OR  LOCAL
 GOVERNMENT ENTITY PREVIOUSLY UNDER CONTRACT AND IN THE PROCESS OF RENEW-
 ING,  ESTABLISHING  OR  PERFORMING  A  SUBSEQUENT  CONTRACT  TO  PERFORM
 SERVICES FOR A STATE AGENCY. SAID AGENCY OR LOCAL GOVERNMENT AGENCY  MAY
 NOT  HAVE  AN  ANNUAL OPERATING BUDGET WHICH IS IN EXCESS OF ONE MILLION
 FIVE HUNDRED THOUSAND DOLLARS.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD09916-01-9

              

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