S T A T E O F N E W Y O R K
________________________________________________________________________
119
2019-2020 Regular Sessions
I N S E N A T E
(PREFILED)
January 9, 2019
___________
Introduced by Sen. ORTT -- read twice and ordered printed, and when
printed to be committed to the Committee on Finance
AN ACT to amend the state finance law, in relation to the sharing of
revenue from gaming devices located within the county of Niagara
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Section 99-h of the state finance law is amended by adding
a new subdivision 3-b to read as follows:
3-B. ONE MILLION SIX HUNDRED THOUSAND DOLLARS OF ANY FUNDS ACTUALLY
RECEIVED BY THE STATE PURSUANT TO SUBDIVISION TWO OF THIS SECTION, AFTER
TRANSFER TO THE GENERAL FUND, SHALL BE TRANSFERRED TO THE NIAGARA COUNTY
INDUSTRIAL DEVELOPMENT AGENCY FOR USE TO FUND DOWNTOWN ECONOMIC DEVELOP-
MENT INITIATIVES WITHIN THE CITY OF NIAGARA FALLS INCLUDING, BUT NOT
LIMITED TO, THE REHABILITATION OF BUILDINGS, INSTALLATION OF SIGNAGE,
TRAINING OF EXISTING OR NEW EMPLOYEES IN TECHNIQUES RELATED TO THEIR
INDUSTRY, AND INSTALLATION OF APPROPRIATE INDUSTRY RELATED MACHINERY,
BUT SHALL NOT INCLUDE GENERAL OBLIGATIONS AND RESPONSIBILITIES TRADI-
TIONALLY PROVIDED BY THE CITY OF NIAGARA FALLS.
§ 2. This act shall take effect immediately; provided, however, that
the amendments to section 99-h of the state finance law made by section
one of this act shall survive the expiration and reversion of such
section pursuant to chapter 747 of the laws of 2006.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD02385-01-9