BILL NO A00448
SAME AS No same as
SPONSOR Magnarelli (MS)
COSPNSR Lupardo, Kolb, Barrett, Brindisi, Stirpe, Millman, Jaffee, Wright
MLTSPNSR Brennan, Cook, Gibson, Magee, McDonald, Steck
Add S16-v, amd S2, UDC Act; amd S2, Chap 393 of 1994
Establishes the empire revolving bridge loan fund within the urban development
corporation act to promote economic development; provides that the fund shall
consist of the net proceeds of one or more series of bonds or notes issued;
defines terms; requires the urban development corporation to give preference to
certain eligible projects; makes related provisions.
