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S10710 Summary:

BILL NOS10710
 
SAME ASNo Same As
 
SPONSORCOONEY
 
COSPNSR
 
MLTSPNSR
 
Add Art 29 §550, Ec Dev L
 
Authorizes the empire state development corporation to establish the New York flight grant program to offer grants to municipalities, government organizations, or community not-for-profit organizations to apply for grants to use in negotiations with airlines to attract new, direct flights and service to airports in this state; appropriates $15,000,000 therefor.
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S10710 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          10710
 
                    IN SENATE
 
                                   September 30, 2026
                                       ___________
 
        Introduced  by  Sen.  COONEY -- read twice and ordered printed, and when
          printed to be committed to the Committee on Finance
 
        AN ACT to amend the economic development law, in relation to  establish-
          ing  the  New  York  flight grant program; and making an appropriation
          therefor
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  The  economic  development law is amended by adding a new
     2  article 29 to read as follows:
     3                                 ARTICLE 29
     4                        NEW YORK FLIGHT GRANT PROGRAM
     5  Section 550. New York flight grant program.
     6    § 550. New York flight grant program. 1. (a) The empire state develop-
     7  ment corporation shall design and implement the New  York  flight  grant
     8  program,  which shall include, but not be limited to, a process by which
     9  eligible entities shall apply for  grants  to  utilize  minimum  revenue
    10  guarantees  to  attract  new,  direct flights and service to airports in
    11  this state.
    12    (b) The department shall:
    13    (i) adopt procedures for implementing the program;
    14    (ii) promulgate a list of qualifying expenses;
    15    (iii) promote awareness of the program, including through coordination
    16  with relevant trade groups and  by  integration  into  the  department's
    17  economic development marketing campaigns; and
    18    (iv) adopt measurable goals, performance measures, and an audit strat-
    19  egy to assess the utilization and performance of the program.
    20    2.  For  the  purposes  of  this section, the term "eligible entities"
    21  shall include, but not be  limited  to,  a  municipality,  a  government
    22  organization or a community not-for-profit organization.
    23    3. This article shall not apply to airports located within cities with
    24  a population of one million or more.
    25    §  2.  The  sum  of  fifteen million dollars ($15,000,000), or so much
    26  thereof as may be necessary, is hereby appropriated to the empire  state
    27  development  corporation  from  any  moneys in the state treasury in the
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16353-01-6

        S. 10710                            2
 
     1  general fund to the credit of the state purposes account for the initial
     2  capital of the New  York  flight  grant  program  in  carrying  out  the
     3  provisions  of  this  act.  Such  sum  shall be payable on the audit and
     4  warrant  of  the  state comptroller on vouchers certified or approved in
     5  the manner provided by law. No  expenditure  shall  be  made  from  this
     6  appropriation until a certificate of approval of availability shall have
     7  been issued by the director of the budget and filed with the state comp-
     8  troller  and a copy filed with the chair of the senate finance committee
     9  and the chair of the assembly ways and means committee. Such certificate
    10  may be amended from time to time by the director of  the  budget  and  a
    11  copy  of  each such amendment shall be filed with the state comptroller,
    12  the chair of the senate finance committee and the chair of the  assembly
    13  ways and means committee.
    14    §  3.  This  act shall take effect immediately. Effective immediately,
    15  the addition, amendment and/or repeal of any rule or  regulation  neces-
    16  sary  for  the  implementation  of  this  act  on its effective date are
    17  authorized to be made and completed on or before such effective date.
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