Senate Bill S2699

2021-2022 Legislative Session

Relates to the sharing of revenue from gaming devices located within the county of Niagara

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Senate Committee Finance 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-S2699 (ACTIVE) - Details

Current Committee:
Senate Finance
Law Section:
State Finance Law
Laws Affected:
Amd §99-h, St Fin L
Versions Introduced in Other Legislative Sessions:
2015-2016: S6795
2017-2018: S734
2019-2020: S119
2023-2024: S652

2021-S2699 (ACTIVE) - Summary

Relates to the sharing of revenue from gaming devices located within the county of Niagara.

2021-S2699 (ACTIVE) - Sponsor Memo

2021-S2699 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2699
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 22, 2021
                                ___________
 
 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.
                                                            LBD07370-01-1

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