Bill Text: NY S02081 | 2021-2022 | General Assembly | Introduced

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Bill Title: Allows municipalities to lease naming rights of government-owned property.

Spectrum: Partisan Bill (Republican 4-0)

Status: (Introduced - Dead) 2022-01-05 - REFERRED TO LOCAL GOVERNMENT [S02081 Detail]

Download: New_York-2021-S02081-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          2081

                               2021-2022 Regular Sessions

                    IN SENATE

                                    January 19, 2021
                                       ___________

        Introduced  by  Sens.  JORDAN,  AKSHAR, BOYLE, HELMING -- read twice and
          ordered printed, and when printed to be committed to the Committee  on
          Local Government

        AN ACT to amend the general municipal law, in relation to allowing muni-
          cipalities to lease naming rights for government owned property

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

     1    Section 1. The general municipal  law  is  amended  by  adding  a  new
     2  section 99-x to read as follows:
     3    §  99-x.  Transfer  and  lease  of  naming  rights. 1. As used in this
     4  section the term "municipality" shall  mean  a  county,  city,  town  or
     5  village.
     6    2.  Notwithstanding  any  other  provision  of law, a municipality may
     7  enter into a contract to lease the naming rights of any  property  owned
     8  by  such municipality according to the requirements of this section. The
     9  chief executive officer of the municipality  shall  be  responsible  for
    10  negotiating  the  contract, subject to the ratification of a majority of
    11  the members of the legislative body of such municipality.
    12    3. Such leasing agreement shall be for a period of not less  than  one
    13  year and not more than five years.
    14    4.  Prior  to the ratification of a contract pursuant to this section,
    15  the legislative body of a municipality shall hold a public  hearing,  on
    16  notice of at least thirty days, announcing the intention of such munici-
    17  pality  to enter into such a contract with a third party. A public hear-
    18  ing pursuant to this section shall not be held  more  than  ninety  days
    19  prior to such ratification.
    20    5.  Notwithstanding  any other provision of law, the proceeds from any
    21  transaction described in this section may be used by  such  municipality
    22  for any lawful municipal purpose.
    23    § 2. This act shall take effect immediately.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01434-01-1