senate Bill S1743

2021-2022 Legislative Session

Relates to obligations of members of economic development entities

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to corporations, authorities and commissions
Jan 14, 2021 referred to corporations, authorities and commissions

S1743 (ACTIVE) - Details

See Assembly Version of this Bill:
A6687
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
2019-2020: S4290, A1597

S1743 (ACTIVE) - Summary

Relates to obligations of members of economic development entities.

S1743 (ACTIVE) - Sponsor Memo

S1743 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1743
 
                        2021-2022 Regular Sessions
 
                             I N  S E N A T E
 
                             January 14, 2021
                                ___________
 
 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.
                                                            LBD01013-01-1

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