Bill Text: NY S03825 | 2019-2020 | General Assembly | Introduced

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Bill Title: Relates to retail sales on funds of the Industrial Development Agency.

Spectrum: Moderate Partisan Bill (Republican 4-1)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO LOCAL GOVERNMENT [S03825 Detail]

Download: New_York-2019-S03825-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          3825
                               2019-2020 Regular Sessions
                    IN SENATE
                                    February 15, 2019
                                       ___________
        Introduced  by  Sens. RANZENHOFER, AKSHAR, AMEDORE, SERINO -- 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  retail  sales
          of the industrial development agency
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Paragraph (b) of subdivision 2 of section 862 of the gener-
     2  al municipal law, as added by section 1 of part J of chapter 59  of  the
     3  laws of 2013, is amended to read as follows:
     4    (b)  Notwithstanding  the provisions of paragraph (a) of this subdivi-
     5  sion, financial assistance may, however, be provided to a project  where
     6  facilities or property that are primarily used in making retail sales of
     7  goods  or  services to customers who personally visit such facilities to
     8  obtain such goods or services constitute  more  than  one-third  of  the
     9  total  project  cost,  where: (i) the predominant purpose of the project
    10  would be to make available goods or services which would  not,  but  for
    11  the  project,  be  reasonably  accessible  to the residents of the city,
    12  town, or village within which the  proposed  project  would  be  located
    13  because  of  a  lack  of  reasonably  accessible retail trade facilities
    14  offering such goods or services; [or] (ii) the project is located  in  a
    15  highly  distressed area; or (iii) "retail sales" consist of professional
    16  offices including medical, dental, chiropractic, insurance,  accounting,
    17  optician  or  consulting  professions,  as  part  of a mixed use project
    18  including residential and/or office uses or adaptive re-use development.
    19    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01738-01-9