|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Mar 08, 2022||referred to finance|
senate Bill S8504
Current Bill Status - In Senate Committee Finance Committee
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S8504 (ACTIVE) - Details
S8504 (ACTIVE) - Summary
Establishes a COVID-19 relief grant program for veterans service organizations impacted by COVID-19 to provide grants to eligible veterans service organizations to defray certain expenses of the organization including rent, utilities, scheduled mortgage payments, scheduled debt payments and other ordinary and necessary business expenses; makes an appropriation therefor.
S8504 (ACTIVE) - Sponsor Memo
BILL NUMBER: S8504 SPONSOR: JORDAN TITLE OF BILL: An act to amend chapter 174 of the laws of 1968, constituting the New York urban development corporation act, in relation to establishing a COVID-19 relief grant program for veterans service organizations impacted by COVID-19; and making an appropriation therefor SUMMARY OF PROVISIONS: Section 1 establishes this act as the Veterans Service Organizations Covid-19 relief act. Section 2 amends the urban development corporation act by adding a new section 16-aaa which establishes the Covid-19 Relief Grant Program for Veterans Service Organizations under the auspices of the Empire State Development Corporation. This section defines "Veteran service organiza- tion", outlines the parameters of the program, establishes the veterans services organization Covid-19 relief act fund, and also outlines the procedures for applying for funds under the program. This section addi- tionally establishes that rent, utilities, scheduled mortgage payments,
S8504 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 8504 I N S E N A T E March 8, 2022 ___________ Introduced by Sens. JORDAN, ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend chapter 174 of the laws of 1968, constituting the New York urban development corporation act, in relation to establishing a COVID-19 relief grant program for veterans service organizations impacted by COVID-19; and making an appropriation therefor THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. This act shall be known and may be cited as the "Veterans Service Organizations COVID-19 relief act". § 2. Section 1 of chapter 174 of the laws of 1968, constituting the New York urban development corporation act, is amended by adding a new section 16-aaa to read as follows: § 16-AAA. THE COVID-19 RELIEF GRANT PROGRAM FOR VETERANS SERVICE ORGANIZATIONS. 1. DEFINITIONS. AS USED IN THIS SECTION, THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS: (A) VETERANS SERVICE ORGANIZATION MEANS AN ORGANIZATION THAT IS CHAR- TERED UNDER PART B OF SUBTITLE II OF TITLE 36, UNITED STATES CODE, AND INCLUDES ANY LOCAL OR AREA CHAPTER, POST, OR OTHER UNIT. (B) ELIGIBLE VETERANS SERVICE ORGANIZATION MEANS A VETERANS SERVICE ORGANIZATION THAT EXPERIENCED A FORTY PERCENT OR GREATER LOSS OF GROSS REVENUE DURING EITHER THE 2020 OR 2021 TAX YEAR AS COMPARED TO THEIR GROSS REVENUE DURING THE 2019 TAX YEAR. 2. ESTABLISHMENT AND PURPOSES. THE CORPORATION SHALL ESTABLISH A FUND TO BE KNOWN AS THE "VETERANS SERVICE ORGANIZATIONS COVID-19 RELIEF ACT FUND" AND SHALL PAY INTO SUCH FUND ANY MONIES MADE AVAILABLE TO THE CORPORATION FOR SUCH FUND FROM ANY SOURCE. THE FUND SHALL CONSIST OF SUCH AMOUNTS AS MAY BE APPROPRIATED. THE CORPORATION IS AUTHORIZED TO ACCEPT, AS AGENT OF THE STATE, ANY GIFT, GRANT, DEVISE OR BEQUEST, WHETHER CONDITIONAL OR UNCONDITIONAL, INCLUDING BUT NOT LIMITED TO FEDERAL GRANTS, AND TO USE MONIES MADE AVAILABLE FOR THE PROGRAM FROM ANY PUBLIC OR PRIVATE SOURCE, FOR THE PURPOSE OF IMPLEMENTING THE PROGRAM. THE CORPORATION SHALL BE ENTITLED TO RECOVER FROM THE MONIES MADE AVAILABLE FOR THE PROGRAM ITS OWN NECESSARY AND DOCUMENTED COSTS EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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