Bill Text: NY A09941 | 2011-2012 | General Assembly | Introduced

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Bill Title: Relates to the definition of certain covered projects; relates to making certain provisions of the authorities budget office permanent.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2012-06-29 - signed chap.75 [A09941 Detail]

Download: New_York-2011-A09941-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         9941
                                 I N  A S S E M B L Y
                                    April 26, 2012
                                      ___________
       Introduced  by M. of A. BRENNAN -- read once and referred to the Commit-
         tee on Corporations, Authorities and Commissions
       AN ACT to amend the public authorities law, in  relation  to  the  defi-
         nition  of  certain  covered projects; and to amend chapter 506 of the
         laws of 2009, relating to creating the authorities budget  office,  in
         relation to making certain sections permanent
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Paragraph c of subdivision  1  of  section  2879-b  of  the
    2  public  authorities law, as added by chapter 506 of the laws of 2009, is
    3  amended to read as follows:
    4    (c) "Covered project" means any project in which an  authority  enters
    5  into  an  agreement  for  a development after the effective date of this
    6  section, where: (i) a hotel is one of the  principal  functions  of  the
    7  project; (ii) the [recipient of authority financing] ENTITY THE AUTHORI-
    8  TY  ENTERS  INTO  AN  AGREEMENT  WITH or its contractor or subcontractor
    9  contracts for the development of such hotel or convention center;  (iii)
   10  the  authority has a substantial proprietary interest in the project, or
   11  in the hotel or convention center; and  (iv)  the  hotel  or  convention
   12  center will have more than fifteen employees.
   13    S 2. Section 31 of chapter 506 of the laws of 2009, relating to creat-
   14  ing the authorities budget office, is amended to read as follows:
   15    S 31. This act shall take effect March 1, 2010; provided, however that
   16  the  amendments to paragraph (b) of subdivision 11 and subdivision 13 of
   17  section 310 of the executive law made by sections twenty-one  and  twen-
   18  ty-one-a of this act shall not affect the expiration of such section and
   19  shall  be  deemed  to  expire  therewith;  provided  further,  that  the
   20  provisions  of  sections  eleven-b,  eleven-c,  eleven-d,  eleven-f  and
   21  eleven-g  of this act shall not apply to any executive director or chief
   22  executive officer appointed prior to the effective date  of  this  act[;
   23  provided  further,  that section fourteen-a of this act shall expire and
   24  be deemed repealed June 30, 2012]; and provided  further,  that  section
   25  twenty-a  of  this  act  shall  apply  only  to the disposal of property
   26  authorized by the board of a public authority after such effective date.
   27    S 3. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD15368-01-2