Reconstitutes the boundaries of an Empire State Development Corporation subsidiary, the USA Niagara corporation, to include the entirety of the city of Niagara Falls.
STATE OF NEW YORK
________________________________________________________________________
5594
2011-2012 Regular Sessions
IN SENATE
June 6, 2011
___________
Introduced by Sen. GRISANTI -- read twice and ordered printed, and when
printed to be committed to the Committee on Corporations, Authorities
and Commissions
AN ACT to amend the New York state urban development corporation act, in
relation to the USA Niagara Corporation
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Section 12 of section 1 of chapter 174 of the laws of 1968,
2 constituting the New York state urban development corporation act, is
3 amended by adding a new subdivision 5 to read as follows:
4 (5) Notwithstanding any resolutions, rules or regulations to the
5 contrary, the USA Niagara Corporation created pursuant to this section
6 shall be reconstituted to include the entirety of the city of Niagara
7 Falls.
8 § 2. This act shall take effect on the one hundred twentieth day after
9 it shall have become a law. Effective immediately, the addition, amend-
10 ment and/or repeal of any rule or regulation necessary for the implemen-
11 tation of this act on its effective date is authorized to be made on or
12 before such date.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD11720-02-1