Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Feb 26, 2019 |
referred to corporations, authorities and commissions |
Senate Bill S4055
2019-2020 Legislative Session
Sponsored By
(R, C, IP) Senate District
Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions 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
Actions
2019-S4055 (ACTIVE) - Details
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §51, Pub Auth L
2019-S4055 (ACTIVE) - Sponsor Memo
BILL NUMBER: S4055 SPONSOR: ANTONACCI TITLE OF BILL: An act to amend the public authorities law, in relation to certain applications made to the New York state public authorities control board PURPOSE: This bill would facilitate more in-depth oversight by PACB members when reviewing economic development projects. SUMMARY OF PROVISIONS: Section 1 -Amends Subdivision 1 of Section 51 of the Public Authorities Law by adding a new undesignated paragraph. Section 2 - Establishes the effective date. JUSTIFICATION:
2019-S4055 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 4055 2019-2020 Regular Sessions I N S E N A T E February 26, 2019 ___________ Introduced by Sen. ANTONACCI -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to certain applications made to the New York state public authorities control board THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 1 of section 51 of the public authorities law is amended by adding a new undesignated paragraph to read as follows: ANY APPLICATION MADE CONCERNING A PROPOSED PROJECT INVOLVING A LOAN, JOB RETENTION OR JOB CREATION REQUIREMENTS SHALL INCLUDE THE PROJECT MEMORANDUM OF UNDERSTANDING OR OTHER DOCUMENT THAT OUTLINES THE AGREE- MENT BETWEEN THE PARTIES. IF IT IS DETERMINED THAT ANY INFORMATION CONTAINED IN SUCH MEMORANDUM OF UNDERSTANDING IS PROPRIETARY, THE URBAN DEVELOPMENT CORPORATION MAY APPLY TO THE STATE COMPTROLLER TO REVIEW AND DETERMINE WHAT PROPRIETARY INFORMATION SHOULD BE REDACTED PRIOR TO REVIEW BY THE BOARD. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD10068-01-9
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