A04701 Summary:

BILL NOA04701
 
SAME ASNo Same As
 
SPONSORSmullen
 
COSPNSRDeStefano, Crouch, Ashby
 
MLTSPNSR
 
Amd §402, Ec Dev L
 
Relates to extending the date for certain applications under the economic transformation and facility redevelopment program.
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A04701 Actions:

BILL NOA04701
 
02/05/2019referred to economic development
01/08/2020referred to economic development
07/13/2020held for consideration in economic development
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A04701 Committee Votes:

ECONOMIC DEVELOPMENT Chair:Schimminger DATE:07/13/2020AYE/NAY:17/7 Action: Held for Consideration
SchimmingerExcusedFriendNay
CahillAyeCrouchNay
MagnarelliAyeGiglioNay
LupardoAyeLalorNay
BronsonAyeStecNay
StirpeAyeMorinelloNay
DavilaAyeSmullenNay
Jean-PierreAye
BarronAye
HyndmanAye
JonesAye
VanelAye
SternAye
ButtenschonAye
CruzAye
DarlingAye
GriffinAye
FrontusAye

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A04701 Floor Votes:

There are no votes for this bill in this legislative session.
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A04701 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4701
 
                               2019-2020 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 5, 2019
                                       ___________
 
        Introduced  by M. of A. SMULLEN -- read once and referred to the Commit-
          tee on Economic Development
 
        AN ACT to amend the economic development law, in relation to application
          under the economic transformation and facility redevelopment program
 
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
 
     1    Section  1.  Subdivision  1 of section 402 of the economic development
     2  law, as amended by section 4 of part QQ of chapter 60  of  the  laws  of
     3  2016, is amended to read as follows:
     4    1. A business entity must submit a completed application as prescribed
     5  by  the  commissioner  by  the later of (a) the date that is three years
     6  after the date of the closure of the  closed  facility  located  in  the
     7  economic  transformation area in which the business entity would operate
     8  or (b) January first, two thousand fifteen or (c) the date that is  four
     9  years  after the date that the title to a closed facility is transferred
    10  from the state to a county or municipality, but no  later  than  January
    11  first,  two  thousand  twenty-one.    Provided however, in the case of a
    12  closed facility described in paragraph  (d)  of  subdivision  eleven  of
    13  section  four  hundred  of this article, a business entity must submit a
    14  completed application as prescribed by  the  commissioner  by  September
    15  first, two thousand sixteen.
    16    §  2. This act shall take effect immediately; provided that the amend-
    17  ment to section 402 of the economic development law made by section  one
    18  of  this  act shall not affect the expiration and repeal of such section
    19  and shall be deemed repealed therewith.
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08706-01-9
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