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A08037 Summary:

BILL NOA08037
 
SAME ASSAME AS S05800-A
 
SPONSORFinch
 
COSPNSR
 
MLTSPNSR
 
Amd SS2306 & 2334, Pub Auth L
 
Relates to financial assistance provided by the Auburn industrial development authority.
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A08037 Actions:

BILL NOA08037
 
06/17/2013referred to corporations, authorities and commissions
06/17/2013reference changed to local governments
06/19/2013reported referred to ways and means
06/20/2013reported referred to rules
06/20/2013reported
06/20/2013rules report cal.711
06/20/2013ordered to third reading rules cal.711
06/21/2013substituted by s5800a
 S05800 AMEND=A DEFRANCISCO
 06/14/2013REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
 06/15/2013AMEND AND RECOMMIT TO CORPORATIONS, AUTHORITIES AND COMMISSIONS
 06/15/2013PRINT NUMBER 5800A
 06/20/2013COMMITTEE DISCHARGED AND COMMITTED TO RULES
 06/20/2013ORDERED TO THIRD READING CAL.1545
 06/20/2013PASSED SENATE
 06/20/2013DELIVERED TO ASSEMBLY
 06/20/2013referred to ways and means
 06/21/2013substituted for a8037
 06/21/2013ordered to third reading rules cal.711
 06/21/2013passed assembly
 06/21/2013returned to senate
 07/19/2013DELIVERED TO GOVERNOR
 07/31/2013SIGNED CHAP.304
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A08037 Floor Votes:

There are no votes for this bill in this legislative session.
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A08037 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8037
 
                               2013-2014 Regular Sessions
 
                   IN ASSEMBLY
 
                                      June 17, 2013
                                       ___________
 
        Introduced  by M. of A. FINCH -- read once and referred to the Committee
          on Corporations, Authorities and Commissions
 
        AN ACT to amend the public authorities law,  in  relation  to  financial
          assistance provided by the Auburn industrial development authority
 
          The  People of the State of New York, represented in Senate and Assem-

        bly, do enact as follows:
 
     1    Section 1. The opening paragraph of section 2306 of the public author-
     2  ities law, as amended by chapter 556 of the laws of 1973, is amended  to
     3  read as follows:
     4    The  purposes of the authority shall be to promote, develop, encourage
     5  and assist in the acquiring,  constructing,  reconstructing,  improving,
     6  maintaining,  equipping  and furnishing industrial, manufacturing, ware-
     7  house, commercial and research facilities and facilities for  use  by  a
     8  federal  agency  or  a  medical  facility including industrial pollution
     9  control facilities, which may include transportation facilities  includ-
    10  ing  but  not limited to those relating to water, highway, rail and air,
    11  in one or more areas of the city, and thereby advance the  job  opportu-
    12  nities, health, general prosperity and economic welfare of the people of

    13  said  city  and  to  improve  their medical care and standard of living;
    14  provided, however, that the authority shall not undertake any project if
    15  the completion thereof would result in the removal of an  industrial  or
    16  manufacturing  plant  of the project occupant from one area of the state
    17  to another area of the state or in abandonment of one or more plants  or
    18  facilities  of the project applicant located within the state, provided,
    19  however, that neither restriction shall apply  if  the  authority  shall
    20  determine  on the basis of the application before it that the project is
    21  reasonably necessary to discourage the project  occupant  from  removing
    22  such  other  plant  or  facility  to  a location outside the state or is
    23  reasonably necessary to preserve the competitive position of the project
    24  occupant in its respective industry. Except as otherwise provided for in

    25  this section, no financial assistance of the authority shall be provided
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11515-04-3

        A. 8037                             2
 
     1  in respect of any project where facilities or property that are primari-
     2  ly used in making retail sales to customers who  personally  visit  such
     3  facilities constitute more than one-third of the total project cost. For
     4  the  purposes of this article, "retail sales" shall mean: (i) sales by a
     5  registered vendor under article twenty-eight of the  tax  law  primarily

     6  engaged  in the retail sale of tangible personal property, as defined in
     7  subparagraph (i) of paragraph four of subdivision (b) of section  eleven
     8  hundred  one  of the tax law; or (ii) sales of a service to such custom-
     9  ers. Except, however, that tourism destination  projects  shall  not  be
    10  prohibited  by this paragraph. For the purpose of this paragraph, "tour-
    11  ism destination" shall mean a location or facility which  is  likely  to
    12  attract  a  significant  number  of  visitors  from outside the economic
    13  development region as established by section two hundred thirty  of  the
    14  economic development law, in which the project is located.
    15    Notwithstanding  the  provisions of this section to the contrary, such

    16  financial assistance may, however, be provided to a project where facil-
    17  ities or property that are primarily used  in  making  retail  sales  of
    18  goods  or  services to customers who personally visit such facilities to
    19  obtain such goods or services constitute  more  than  one-third  of  the
    20  total  project  cost,  where: (i) the predominant purpose of the project
    21  would be to make available goods or services which would  not,  but  for
    22  the  project,  be  reasonably accessible to the residents of the city of
    23  Auburn because of a lack of reasonably accessible retail  trade  facili-
    24  ties  offering such goods or services; or (ii) the project is located in
    25  a highly distressed area.  With respect to projects authorized  pursuant

    26  to  this  paragraph  no  project  shall be approved unless the authority
    27  shall find after the public hearing  required  by  section  twenty-three
    28  hundred  seven of this title that undertaking the project will serve the
    29  public purposes of this article by preserving permanent, private  sector
    30  jobs  or increasing the overall number of permanent, private sector jobs
    31  in the state.   Where the authority  makes  such  a  finding,  prior  to
    32  providing  financial  assistance  to  the  project by the authority, the
    33  chief executive officer of the city of Auburn shall confirm the proposed
    34  action of the authority. To carry out said purpose, the authority  shall
    35  have power:
    36    §  2.  Section 2334 of the public authorities law, as added by chapter

    37  915 of the laws of 1969, is amended to read as follows:
    38    § 2334. Termination of the authority. Whenever all of the bonds issued
    39  by the  authority  shall  have  been  redeemed  or  cancelled,  and  all
    40  straight-lease  transactions  have  been terminated, the authority shall
    41  cease to exist and all rights, titles, and interest and all  obligations
    42  and  liabilities  thereof  vested in or possessed by the authority shall
    43  thereupon vest in and be possessed by the city of Auburn.
    44    § 3. This act shall take effect on the thirtieth day  after  it  shall
    45  have become a law.
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