•  Summary 
  •  
  •  Actions 
  •  
  •  Committee Votes 
  •  
  •  Floor Votes 
  •  
  •  Memo 
  •  
  •  Text 
  •  
  •  LFIN 
  •  
  •  Chamber Video 

A06019 Summary:

BILL NOA06019
 
SAME ASNo Same As
 
SPONSORDinowitz
 
COSPNSR
 
MLTSPNSRGlick, Simon
 
Amd 4, UDC Act
 
Relates to the manner in which the directors of the New York state urban development corporation shall be appointed.
Go to top

A06019 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          6019
 
                               2017-2018 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 21, 2017
                                       ___________
 
        Introduced by M. of A. DINOWITZ -- read once and referred to the Commit-
          tee on Corporations, Authorities and Commissions
 
        AN ACT to amend the New York state urban development corporation act, in
          relation  to  the  manner in which the directors of the New York state
          urban development corporation shall be appointed

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subdivision 1 of section 4 of section 1 of chapter 174 of
     2  the laws of 1968, constituting the  New  York  state  urban  development
     3  corporation  act,  as  amended by chapter 280 of the laws of 1984 and as
     4  further amended by section 104 of part A of chapter 62 of  the  laws  of
     5  2011, is amended to read as follows:
     6    (1)  There  is  hereby  created  the  New York state urban development
     7  corporation. The corporation shall be a corporate governmental agency of
     8  the state, constituting  a  political  subdivision  and  public  benefit
     9  corporation.  Its membership shall consist of nine directors as follows:
    10  the superintendent of financial services, the [chairman] chairperson  of
    11  the  New York state science and technology foundation, and [seven] three
    12  directors to be appointed by the governor with the advice and consent of
    13  the senate, two directors to be appointed by the state comptroller,  one
    14  director  to  be appointed by the temporary president of the senate, and
    15  one director to be appointed by the speaker of the assembly. The members
    16  appointed by the comptroller, the temporary president of the senate  and
    17  the  speaker  of the assembly shall not be employees of the state.  From
    18  the [seven] three directors appointed by him or her, the governor  shall
    19  designate  the [chairman] chairperson of the corporation [and two others
    20  who shall all serve at the pleasure of the governor. Of the four remain-
    21  ing directors, one of such directors first  appointed  by  the  governor
    22  after  the effective date of this subdivision as amended shall serve for
    23  a term ending January first next succeeding his appointment, one of such
    24  directors shall serve for a term ending one year from such date, one  of

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD07607-01-7

        A. 6019                             2

     1  such  directors  shall serve for a term ending two years from such date,
     2  and one of such directors shall serve for a term ending three years from
     3  such date].  Of the directors first appointed pursuant to the chapter of
     4  the  laws  of two thousand seventeen which amended this subdivision, the
     5  three directors appointed by the governor shall serve for terms of  one,
     6  three  and  four  years,  the two directors appointed by the comptroller
     7  shall serve for  terms  of  one  and  three  years,  and  the  directors
     8  appointed  by  the  temporary president of the senate and the speaker of
     9  the assembly shall serve for terms of two years. Their successors  shall
    10  serve  for  terms of four years each. Directors shall continue in office
    11  until their successors have been appointed and qualified. In  the  event
    12  of a vacancy occurring in the office of a director by death, resignation
    13  or otherwise, the [governor] original appointing authority shall appoint
    14  a successor [with the advice and consent of the senate] to serve for the
    15  balance  of the unexpired term. The governor shall appoint the president
    16  of the corporation, with the advice and consent of the senate, who shall
    17  be the chief executive officer of the corporation and who shall serve at
    18  the pleasure of the governor. Such president may be one of the directors
    19  appointed by the governor.
    20    § 2. This act shall take effect immediately.
Go to top