Requires the empire state development corporation to conduct a study on the economic impact of the Labor Day Parade (West Indian Carnival) and submit a report to the governor and the legislature on its findings.
STATE OF NEW YORK
________________________________________________________________________
7347
2023-2024 Regular Sessions
IN SENATE
May 19, 2023
___________
Introduced by Sen. PARKER -- read twice and ordered printed, and when
printed to be committed to the Committee on Commerce, Economic Devel-
opment and Small Business
AN ACT requiring the empire state development corporation to conduct a
study on the economic impact of the Labor Day Parade (West Indian
Carnival)
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Report on economic impact of the Labor Day Parade (West
2 Indian Carnival). 1. The empire state development corporation shall
3 prepare a summary report on the economic impact of the Labor Day Parade
4 (West Indian Carnival) held in the borough of Brooklyn. Such report
5 shall include, but not be limited to, the following:
6 a. the number of participants in such parade, including a breakdown of
7 resident and non-resident participants;
8 b. an estimate of money spent by participants in the parade including
9 but not limited to expenditures on hotels and motels and restaurants;
10 and
11 c. an estimate of the number of jobs and/or businesses that are
12 supported by participants as well as the amount of sales tax and income
13 tax generated by such participants.
14 2. The results of the report required by this act shall be submitted
15 to the governor and to the legislature no later than January 1, 2025,
16 along with any legislative recommendations of the empire state develop-
17 ment corporation to further enhance the economic impact of Labor Day
18 Parade (West Indian Carnival).
19 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD08112-01-3