Bill Text: NY S07935 | 2013-2014 | General Assembly | Amended
Bill Title: Relates to limiting eligible projects for the western New York power proceeds allocation act to certain businesses within the county of Erie.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-08-20 - PRINT NUMBER 7935A [S07935 Detail]
Download: New_York-2013-S07935-Amended.html
S T A T E O F N E W Y O R K
________________________________________________________________________
7935--A
I N S E N A T E
August 18, 2014
___________
Introduced by Sen. GRISANTI -- read twice and ordered printed, and when
printed to be committed to the Committee on Rules -- committee
discharged, bill amended, ordered reprinted as amended and recommitted
to said committee
AN ACT to amend the economic development law, in relation to eligible
projects
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
1 Section 1. Subdivision 5 of section 189-a of the economic development
2 law, as added by section 2 of part GG of chapter 58 of the laws of 2012,
3 is amended to read as follows:
4 5. "Eligible projects" are economic development projects by eligible
5 applicants that are physically located within [the state of New York]
6 THE COUNTY OF ERIE OR ARE LOCATED within a thirty mile radius of the
7 Niagara power project located in Lewiston, New York that will support
8 the growth of business in the state and thereby lead to the creation or
9 maintenance of jobs and tax revenues for the state and local govern-
10 ments. Eligible projects may include capital investments in buildings,
11 equipment, and associated infrastructure (collectively, "infrastruc-
12 ture") owned by an eligible applicant for fund benefits; transportation
13 projects under state or federally approved plans; the acquisition of
14 land needed for infrastructure; research and development where the
15 results of such research and development will directly benefit New York
16 state; support for tourism and marketing and advertising efforts for
17 western New York state tourism and business; and energy-related
18 projects. Eligible projects do not include, and fund benefits may not be
19 used for, public interest advertising or advocacy; lobbying; the support
20 or opposition of any candidate for public office; the support or oppo-
21 sition to any public issue; legal fees related to litigation of any
22 kind; expenses related to administrative proceedings before state or
23 local agencies; or retail businesses as defined by the board, including
24 without limitation, sports venues, gaming and gambling or entertain-
25 ment-related establishments, residential properties, or places of over-
26 night accommodation.
27 S 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15709-02-4
