Bill Text: NY A06935 | 2023-2024 | General Assembly | Introduced

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Bill Title: Grants the commissioner of transportation the authority to increase grant awards for airport improvement and revitalization when the total funds available for assistance support higher maximum grants.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-01-03 - referred to transportation [A06935 Detail]

Download: New_York-2023-A06935-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          6935

                               2023-2024 Regular Sessions

                   IN ASSEMBLY

                                       May 9, 2023
                                       ___________

        Introduced  by M. of A. LUPARDO -- read once and referred to the Commit-
          tee on Transportation

        AN ACT to amend the transportation law, in  relation  to  maximum  grant
          awards for airport improvement and revitalization

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Paragraph (f) of subdivision  2  of  section  14-l  of  the
     2  transportation  law, as amended by section 1 of part XX of chapter 59 of
     3  the laws of 2021, is amended to read as follows:
     4    (f) No grant or loan to any eligible applicant shall exceed the sum of
     5  two million five hundred thousand dollars, and no part of any such grant
     6  or loan shall be used for salaries or for services regularly provided by
     7  the applicant for administrative costs in connection with such grant  or
     8  loan.  Notwithstanding  the  foregoing,  the  maximum grant award may be
     9  higher than the sum of two million five hundred  thousand  dollars  when
    10  the  commissioner,  in  his or her discretion, determines that the total
    11  funds available for assistance pursuant to this section supports a high-
    12  er maximum grant, not to exceed five million dollars.
    13    § 2. This act shall take effect immediately.





         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11052-01-3