Senate Bill S4290

2019-2020 Legislative Session

Relates to obligations of members of economic development entities

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-S4290 (ACTIVE) - Details

See Assembly Version of this Bill:
A1597
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §32-a, UDC Act
Versions Introduced in Other Legislative Sessions:
2017-2018: A10849
2021-2022: S1743, A6687
2023-2024: S1883, A9548

2019-S4290 (ACTIVE) - Summary

Relates to obligations of members of economic development entities.

2019-S4290 (ACTIVE) - Sponsor Memo

2019-S4290 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4290
 
                        2019-2020 Regular Sessions
 
                             I N  S E N A T E
 
                               March 6, 2019
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Corporations,  Authorities
   and Commissions
 
 AN ACT to amend the New York state urban development corporation act, in
   relation to obligations of members of economic development entities

   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 32-a to read as follows:
   § 32-A. SPECIAL PROVISIONS RELATING TO ECONOMIC DEVELOPMENT  ENTITIES.
 (1)  FOR  THE PURPOSES OF THIS SECTION, AN "ECONOMIC DEVELOPMENT ENTITY"
 SHALL MEAN ANY ENTITY CREATED BY THE  EXECUTIVE  BRANCH,  INCLUDING  THE
 EXECUTIVE CHAMBER OF THE GOVERNOR AND LIEUTENANT GOVERNOR, AND ANY STATE
 AGENCY  WHOSE  FUNCTION  INCLUDES  PROVIDING  ADVICE, RECOMMENDATIONS OR
 DETERMINATIONS TO OR ON BEHALF OF THE  EXECUTIVE  BRANCH  OR  ANY  STATE
 AGENCY, AS DEFINED IN PARAGRAPH (B) OF SUBDIVISION ONE OF SECTION SEVEN-
 TY-THREE-A OF THE PUBLIC OFFICERS LAW, ON THE ALLOCATION OR DISBURSEMENT
 OF STATE OR FEDERAL MONIES OR TAX CREDITS AND/OR BENEFITS.
   (2)  (A)  THE  PROVISIONS  OF ARTICLE SEVEN OF THE PUBLIC OFFICERS LAW
 APPLICABLE TO PUBLIC BODIES SHALL APPLY TO AN ECONOMIC DEVELOPMENT ENTI-
 TY.
   (B) THE PROVISIONS OF ARTICLE SIX OF THE PUBLIC OFFICERS LAW  APPLICA-
 BLE TO AGENCIES SHALL APPLY TO AN ECONOMIC DEVELOPMENT ENTITY.  IN ADDI-
 TION TO THE REQUIREMENTS OF SUBDIVISION THREE OF SECTION EIGHTY-SEVEN OF
 THE  PUBLIC  OFFICERS LAW, AN ECONOMIC DEVELOPMENT ENTITY SHALL MAINTAIN
 AND MAKE AVAILABLE  FOR  PUBLIC  INSPECTION  AND  COPYING  ANY  AND  ALL
 PROPOSALS  SUBMITTED  TO  IT  THROUGH A CENTRALIZED APPLICATION PROCESS,
 INCLUDING THE CONSOLIDATED FUNDING APPLICATIONS PROCESS, EXCEPT THAT  AN
 ECONOMIC  DEVELOPMENT  ENTITY  MAY  REDACT  OR  WITHHOLD  PORTIONS  OF A
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05256-01-9
              

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