Assembly Bill A1124

2021-2022 Legislative Session

Relates to the economic transformation and facility redevelopment program

download bill text pdf

Sponsored By

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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2021-A1124 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd §§400 & 402, Ec Dev L; amd §35, Tax L; amd Part V §12, Chap 61 of 2011
Versions Introduced in Other Legislative Sessions:
2019-2020: A8492
2023-2024: A3077

2021-A1124 (ACTIVE) - Summary

Extends the economic transformation and facility redevelopment program and expands the program by including more correctional facility closures.

2021-A1124 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1124
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              January 7, 2021
                                ___________
 
 Introduced by M. of A. BYRNES -- read once and referred to the Committee
   on Economic Development
 
 AN ACT to amend the economic development law, the tax law and chapter 61
   of  the  laws  of 2011, amending the economic development law, the tax
   law and the real property tax law relating to establishing the econom-
   ic transformation and facility redevelopment program and providing tax
   benefits under that program, in relation to the  economic  transforma-
   tion and facility redevelopment program and the effectiveness thereof
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Subdivision 11 of section 400 of the  economic  development
 law,  as  amended  by  section 3 of part QQ of chapter 60 of the laws of
 2016, paragraph (a) as amended by section 1 of part GG of chapter 58  of
 the laws of 2020, is amended to read as follows:
   11. "Closed facility" means:
   (a)  a  correctional facility, as defined in paragraph (a) of subdivi-
 sion four of section two of the correction law, that has  been  selected
 by  the governor of the state of New York for closure after April first,
 two thousand eleven but no later than March thirty-first,  two  thousand
 [twenty-one] TWENTY-THREE; or
   (b)  A  CORRECTIONAL FACILITY, AS DEFINED IN PARAGRAPH (A) OF SUBDIVI-
 SION FOUR OF SECTION TWO OF THE CORRECTION LAW, THAT HAS  BEEN  SELECTED
 BY  THE GOVERNOR OF THE STATE OF NEW YORK FOR CLOSURE AFTER APRIL FIRST,
 TWO THOUSAND NINETEEN BUT NO LATER THAN MARCH THIRTY-FIRST, TWO THOUSAND
 TWENTY-TWO; OR
   (C) a facility operated by the office of children and family  services
 under article nineteen-G of the executive law that is closed pursuant to
 authority  granted  to such office in a chapter of the laws of two thou-
 sand eleven; or
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03062-01-1

              

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