Bill Text: NY A10086 | 2009-2010 | General Assembly | Introduced
Bill Title: Repeals certain provisions relating to the assessment and reimbursement of state expenditures by an industrial development agency or authority.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2010-06-01 - reported referred to ways and means [A10086 Detail]
Download: New_York-2009-A10086-Introduced.html
S T A T E O F N E W Y O R K
________________________________________________________________________
10086
I N A S S E M B L Y
March 3, 2010
___________
Introduced by M. of A. HOYT, DESTITO -- Multi-Sponsored by -- M. of A.
AMEDORE, McDONOUGH, QUINN, SAYWARD -- read once and referred to the
Committee on Corporations, Authorities and Commissions
AN ACT to repeal section 2975-a of the public authorities law relating
to the assessment and reimbursement of state expenditures by an indus-
trial development agency or authority
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Section 2975-a of the public authorities law is REPEALED.
2 S 2. All monies paid by or on behalf of any industrial development
3 agency or authority to reimburse to New York state an allocable share of
4 state governmental costs attributable to the provision of services to
5 industrial development agencies as determined in section 2975-a of the
6 public authorities law shall be reimbursed to the paying entity within
7 ninety days of the effective date of this act.
8 3. This act shall take effect immediately and shall be deemed to have
9 been in full force and effect on and after April 1, 2009.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD16234-01-0
