Bill Text: NY S01910 | 2009-2010 | General Assembly | Introduced

New York Senate Bill 1910 (Prior Session Legislation)

NY State Legislature page for S01910

Bill Title: Relates to the recovery of governmental costs from industrial development agencies.

Spectrum: Partisan Bill (Democrat 9-0)

Status: (Introduced - Dead) 2011-01-14 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [S01910 Detail]

Download: New_York-2009-S01910-Introduced.html

                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         1910
                              2011-2012 Regular Sessions
                                   I N  S E N A T E
                                   January 14, 2011
                                      ___________
       Introduced  by  Sens.  VALESKY, ADAMS -- read twice and ordered printed,
         and when printed to be committed to  the  Committee  on  Corporations,
         Authorities and Commissions
       AN  ACT  in  relation  to  the recovery of state governmental costs from
         industrial development agencies; and to repeal section 2975-a  of  the
         public authorities law relating thereto
         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 Section 2975-a of the public authorities law is REPEALED.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    S 3. This act shall take effect immediately and  shall  be  deemed  to
    9  have been in full force and effect on and after April 1, 2010.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD06460-01-1