New York Assembly Bill 5218 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 6-1)
Status: Introduced on February 11 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to economic development
Pending: Assembly Economic Development, Job Creation, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]

To authorize the Urban Development Corporation, d/b/a the Empire State Development Corporation, to create the Empire Revolving Bridge Loan Fund, financed by an initial issuance of bonds or notes, to provide critical short-term "bridge" financing for large-scale, innovative economic development projects.

An act to amend the New York state urban development corporation act, in relation to establishing the empire revolving bridge loan fund, and authorizing the New York state urban development corporation to issue bonds or notes to provide monies for such fund; and to amend chapter 393 of the laws of 1994, amending the New York state urban development corporation act relating to the powers of the New York state urban development corporation to make loans, in relation to the effectiveness thereof

Asm. Joan Christensen [D]	Asm. Brian Kolb [R]	Asm. David Koon [D]	Asm. Donna Lupardo [D]
Asm. William Magnarelli [D]	Asm. Albert Stirpe [D]	Asm. Keith Wright [D]

Date	Chamber	Action
2010-01-06		referred to economic development
2009-06-09		reported referred to ways and means
2009-02-11		referred to economic development

S2862 (Same As) 2010-01-06 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS

Type	Source
Summary	https://assembly.state.ny.us/leg/?default_fld=&bn=A05218&term=2009&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y
Text	https://assembly.state.ny.us/leg/?default_fld=&bn=A05218&term=2009&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A05218