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Senate Bill S4252

2021-2022 Legislative Session

Relates to increasing the maximum amount of grants and loans under the airport improvement and revitalization grant and loan program

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Archive: Last Bill Status - In Senate Committee Transportation Committee

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2021-S4252 (ACTIVE) - Details

See Assembly Version of this Bill:
A5625
Current Committee:
Senate Transportation
Law Section:
Transportation Law
Laws Affected:
Amd §14-l, Transp L
Versions Introduced in 2019-2020 Legislative Session:
S8257, A10369

2021-S4252 (ACTIVE) - Summary

Increases the maximum amount of grants and loans under the airport improvement and revitalization grant and loan program from 1.5 million to 2.5 million dollars.

2021-S4252 (ACTIVE) - Sponsor Memo

2021-S4252 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4252
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             February 3, 2021
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Transportation
 
 AN ACT to amend the transportation law, in relation  to  increasing  the
   maximum  amount  of grants and loans under the airport improvement and
   revitalization grant and loan program

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Paragraph  (f)  of  subdivision  2 of section 14-1 of the
 transportation law, as amended by section 1 of part HH of chapter 54  of
 the laws of 2016, is amended to read as follows:
   (f) No grant or loan to any eligible applicant shall exceed the sum of
 [one] TWO million five hundred thousand dollars, and no part of any such
 grant  or  loan  shall  be  used  for salaries or for services regularly
 provided by the applicant for administrative costs  in  connection  with
 such grant or loan.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD08292-01-1

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