Senate Bill S7718

2023-2024 Legislative Session

Establishes the rural equity assistance program

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Corporations, Authorities And Commissions 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-S7718 (ACTIVE) - Details

See Assembly Version of this Bill:
A8136
Current Committee:
Senate Corporations, Authorities And Commissions
Law Section:
New York State Urban Development Corporation Act
Laws Affected:
Add §16-ii, UDC Act

2023-S7718 (ACTIVE) - Summary

Establishes the rural equity assistance program to promote and facilitate community and economic development in the small towns and rural areas of the state.

2023-S7718 (ACTIVE) - Sponsor Memo

2023-S7718 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7718
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                             October 18, 2023
                                ___________
 
 Introduced  by  Sen.  GRIFFO -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the New York state urban development corporation act, in
   relation to establishing the rural equity assistance program
 
   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 16-ii to read as follows:
   § 16-II.  RURAL EQUITY ASSISTANCE PROGRAM.  1. AS USED IN THIS SECTION
 THE FOLLOWING TERMS SHALL HAVE THE FOLLOWING MEANINGS:
   (A) "RURAL AREA" SHALL HAVE THE SAME MEANING AS SUCH TERM  IS  DEFINED
 IN SUBDIVISION 8 OF SECTION 260 OF THE AGRICULTURE AND MARKETS LAW.
   (B)  "SMALL  TOWN" MEANS A TOWN IN THE STATE WITH A POPULATION OF LESS
 THAN 5,000 AT THE DATE OF THE MOST RECENT UNITED  STATES  CENSUS  BUREAU
 DECENNIAL CENSUS.
   (C) "MUNICIPALITY" MEANS A CITY, COUNTY, TOWN, VILLAGE, OR OTHER POLI-
 TICAL SUBDIVISION OF THE STATE OF NEW YORK LOCATED WITHIN A RURAL AREA.
   (D)  "NOT-FOR-PROFIT ORGANIZATION" MEANS A DOMESTIC CORPORATION INCOR-
 PORATED PURSUANT TO OR OTHERWISE SUBJECT TO  THE  NOT-FOR-PROFIT  CORPO-
 RATION LAW.
   2.  THERE  IS  HEREBY CREATED WITHIN THE CORPORATION, THE RURAL EQUITY
 ASSISTANCE PROGRAM TO PROMOTE  AND  FACILITATE  COMMUNITY  AND  ECONOMIC
 DEVELOPMENT  IN  THE SMALL TOWNS AND RURAL AREAS OF THE STATE. THE RURAL
 EQUITY ASSISTANCE PROGRAM SHALL COLLABORATE WITH  MUNICIPALITIES,  BUSI-
 NESSES,  REGIONAL  DEVELOPMENT  CORPORATIONS, NOT-FOR-PROFITS, AND OTHER
 APPROPRIATE ENTITIES TO ACCESS FUNDING AND OTHER ASSISTANCE AVAILABLE TO
 RURAL AREAS OF THE STATE.
   3. (A) THE RURAL EQUITY ASSISTANCE PROGRAM SHALL PROVIDE THE FOLLOWING
 SERVICES TO SMALL TOWNS AND MUNICIPALITIES IN RURAL AREAS:
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11439-02-3
 S. 7718                             2
              

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