A08229 Summary:

BILL NOA08229
 
SAME ASNo Same As
 
SPONSORSchimminger
 
COSPNSR
 
MLTSPNSR
 
Amd SS189-a & 189-c, Ec Dev L
 
Relates to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund.
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A08229 Actions:

BILL NOA08229
 
06/12/2015referred to economic development
06/16/2015reported referred to ways and means
06/17/2015reported referred to rules
01/06/2016referred to economic development
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A08229 Committee Votes:

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A08229 Floor Votes:

There are no votes for this bill in this legislative session.
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A08229 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8229
 
                               2015-2016 Regular Sessions
 
                   IN ASSEMBLY
 
                                      June 12, 2015
                                       ___________
 
        Introduced  by  M.  of  A.  SCHIMMINGER -- read once and referred to the
          Committee on Economic Development
 
        AN ACT to amend the economic development law, in relation to adding  the
          Niagara Frontier transportation authority as an eligible applicant for
          the western New York economic development fund
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 4 of section 189-a of the economic  development
     2  law, as added by section 2 of part GG of chapter 58 of the laws of 2012,
     3  is amended to read as follows:
     4    4. "Eligible applicant" means a private business, including a not-for-
     5  profit  corporation  or  the  Niagara  Frontier transportation authority
     6  created under section twelve hundred ninety-nine-c of the public author-
     7  ities law.
     8    § 2. Section 189-c of the  economic  development  law  is  amended  by
     9  adding two new subdivisions 4-a and 5-a to read as follows:
    10    4-a.  In  reviewing  an  application submitted by the Niagara Frontier
    11  transportation authority, the board shall  establish  criteria  for  the
    12  expansion  of  bus  route projects that would have the greatest economic
    13  development impact. When considering the  economic  development  impact,
    14  the  board  shall consider the following criteria in relation to the bus
    15  route project: job creation, and private  and  public  investment.    In
    16  addition,  the  board  shall  determine  that any expansion of bus route
    17  projects funded under this chapter shall not impact existing bus  routes
    18  or  bus route projects approved prior to any funding provided under this
    19  chapter.
    20    5-a. The board may recommend to the authority the allocation  of  fund
    21  benefits  for a transportation project related to the development of bus
    22  routes with an economic development  purpose  administered  through  the
    23  Niagara  Frontier transportation authority. The board may include within
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11651-01-5

        A. 8229                             2
 
     1  its recommendations such recommended terms and conditions  as  it  deems
     2  appropriate.
     3    § 3. This act shall take effect immediately.
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