Bill Text: NY A08229 | 2015-2016 | General Assembly | Introduced


Bill Title: Relates to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2016-01-06 - referred to economic development [A08229 Detail]

Download: New_York-2015-A08229-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         8229
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                     June 12, 2015
                                      ___________
       Introduced  by  M.  of  A.  SCHIMMINGER -- read once and referred to the
         Committee on Economic Development
       AN ACT to amend the economic development law, in relation to adding  the
         Niagara Frontier transportation authority as an eligible applicant for
         the western New York economic development fund
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Subdivision 4 of section 189-a of the economic  development
    2  law, as added by section 2 of part GG of chapter 58 of the laws of 2012,
    3  is amended to read as follows:
    4    4. "Eligible applicant" means a private business, including a not-for-
    5  profit  corporation  OR  THE  NIAGARA  FRONTIER TRANSPORTATION AUTHORITY
    6  CREATED UNDER SECTION TWELVE HUNDRED NINETY-NINE-C OF THE PUBLIC AUTHOR-
    7  ITIES LAW.
    8    S 2. Section 189-c of the  economic  development  law  is  amended  by
    9  adding two new subdivisions 4-a and 5-a to read as follows:
   10    4-A.  IN  REVIEWING  AN  APPLICATION SUBMITTED BY THE NIAGARA FRONTIER
   11  TRANSPORTATION AUTHORITY, THE BOARD SHALL  ESTABLISH  CRITERIA  FOR  THE
   12  EXPANSION  OF  BUS  ROUTE PROJECTS THAT WOULD HAVE THE GREATEST ECONOMIC
   13  DEVELOPMENT IMPACT. WHEN CONSIDERING THE  ECONOMIC  DEVELOPMENT  IMPACT,
   14  THE  BOARD  SHALL CONSIDER THE FOLLOWING CRITERIA IN RELATION TO THE BUS
   15  ROUTE PROJECT: JOB CREATION, AND PRIVATE  AND  PUBLIC  INVESTMENT.    IN
   16  ADDITION,  THE  BOARD  SHALL  DETERMINE  THAT ANY EXPANSION OF BUS ROUTE
   17  PROJECTS FUNDED UNDER THIS CHAPTER SHALL NOT IMPACT EXISTING BUS  ROUTES
   18  OR  BUS ROUTE PROJECTS APPROVED PRIOR TO ANY FUNDING PROVIDED UNDER THIS
   19  CHAPTER.
   20    5-A. THE BOARD MAY RECOMMEND TO THE AUTHORITY THE ALLOCATION  OF  FUND
   21  BENEFITS  FOR A TRANSPORTATION PROJECT RELATED TO THE DEVELOPMENT OF BUS
   22  ROUTES WITH AN ECONOMIC DEVELOPMENT  PURPOSE  ADMINISTERED  THROUGH  THE
   23  NIAGARA  FRONTIER TRANSPORTATION AUTHORITY. THE BOARD MAY INCLUDE WITHIN
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11651-01-5
       A. 8229                             2
    1  ITS RECOMMENDATIONS SUCH RECOMMENDED TERMS AND CONDITIONS  AS  IT  DEEMS
    2  APPROPRIATE.
    3    S 3. This act shall take effect immediately.
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