Senate Bill S4545

2023-2024 Legislative Session

Establishes regional industrial development agencies; repealer

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Local Government 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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2023-S4545 (ACTIVE) - Details

See Assembly Version of this Bill:
A3069
Current Committee:
Senate Local Government
Law Section:
General Municipal Law
Laws Affected:
Amd §§856, 854, 858, 859, 862, 868, 870 & 875, rpld §§861 & 882, Art 18-A Title 2, Gen Muni L
Versions Introduced in 2021-2022 Legislative Session:
S7629, A9144

2023-S4545 (ACTIVE) - Summary

Establishes a single industrial development agency in each region of the state.

2023-S4545 (ACTIVE) - Sponsor Memo

2023-S4545 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   4545
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             February 10, 2023
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Local Government
 
 AN ACT to amend the general municipal law, in relation  to  establishing
   regional  industrial  development  agencies;  and  to  repeal  certain
   provisions of such law relating thereto

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Section 856 of the general municipal law, as added by chap-
 ter 1030 of the laws of 1969, paragraph (c) of subdivision 1 as added by
 chapter  692 of the laws of 1989 and subdivision 2 as amended by chapter
 356 of the laws of 1993, is amended to read as follows:
   § 856.  [Organization]  ESTABLISHMENT  AND  ORGANIZATION  of  REGIONAL
 industrial  development  agencies.  1. (a) [Upon the establishment of an
 industrial development agency by special act  of  the  legislature,  the
 governing  body  of  the  municipality  for whose benefit such agency is
 established shall file within six months after the effective date of the
 special act of the legislature establishing such agency  or  before  the
 first  day of July, nineteen hundred sixty-nine, whichever date shall be
 later, in the office of the secretary of state,  a  certificate  setting
 forth: (1) the date of passage of the special act establishing the agen-
 cy;  (2)  the name of the agency; (3) the names of the members and their
 terms of office, specifying which member is the chairman; and (4)  facts
 establishing the need for the establishment of an agency in such munici-
 pality.
   (b)  Every  such agency shall be perpetual in duration, except that if
 (1) such certificate is not filed with the secretary of state within six
 months after the effective date of the special act  of  the  legislature
 establishing  such  agency  or  before  the  first day of July, nineteen
 hundred sixty-nine, whichever date shall be later,  or  if  (2)  at  the
 expiration  of ten years subsequent to the effective date of the special
 act, there shall be outstanding no bonds or other  obligations  thereto-

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD06185-01-3
              

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