Senate Bill S4055

2019-2020 Legislative Session

Relates to certain applications made to the New York state public authorities control board

download bill text pdf

Sponsored By

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

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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) - Summary

Relates to certain applications made to the New York state public authorities control board.

2019-S4055 (ACTIVE) - Sponsor Memo

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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