Bill Text: NY S06426 | 2015-2016 | General Assembly | Amended
Bill Title: Amends provisions relating to the management of the Roosevelt Island public benefit corporation; amends provisions relating to the effectiveness thereof; repeals certain provisions relating to not-for profit grant distribution.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2016-04-08 - SIGNED CHAP.30 [S06426 Detail]
Download: New_York-2015-S06426-Amended.html
STATE OF NEW YORK ________________________________________________________________________ 6426--A Cal. No. 37 IN SENATE January 8, 2016 ___________ Introduced by Sen. SERRANO -- read twice and ordered printed, and when printed to be committed to the Committee on Rules -- reported favora- bly from said committee, ordered to a third reading, passed by Senate and delivered to the Assembly, recalled, vote reconsidered, restored to third reading, amended and ordered reprinted, retaining its place in the order of third reading AN ACT to amend chapter 899 of the laws of 1984, relating to the creation of a public benefit corporation to plan, develop, operate, maintain and manage Roosevelt Island, relating to the management of such corporation, in relation to not-for-profit grant distribution; to amend a chapter of the laws of 2015, amending chapter 899 of the laws of 1984 relating to the creation of a public benefit corporation to plan, develop, operate, maintain and manage Roosevelt Island, relating to the management of such corporation, as proposed in legislative bills numbers S.5813-B and A.7974-B, in relation to the effectiveness thereof; and to repeal section 3 of a chapter of the laws of 2015, amending the public authorities law, relating to the management of the Roosevelt Island operating corporation, as proposed in legislative bills numbers S.5813-B and A.7974-B relating to not-for-profit grant distribution The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 4-a of chapter 899 of the laws of 1984, relating to 2 the creation of a public benefit corporation to plan, develop, operate, 3 maintain and manage Roosevelt Island, as added by a chapter of the laws 4 of 2015, amending chapter 899 of the laws of 1984 relating to the 5 creation of a public benefit corporation to plan, develop, operate, 6 maintain and manage Roosevelt Island, relating to the management of such 7 corporation, as proposed in legislative bills numbers S.5813-B and 8 A.7974-B, is amended to read as follows: 9 § 4-a. Not-for-profit grant distribution. 1. The corporation is 10 authorized to provide financial assistance in the form of grants to 11 not-for-profit corporations [or governmental agencies] that provide 12 direct services or benefits to the residents of Roosevelt Island, the EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD11372-18-6