Bill Text: NY S07946 | 2017-2018 | General Assembly | Introduced


Bill Title: Relates to the local administration of empire zones; provides an exception for the requirement to provide a certified annual report to the local zone administration board for certified businesses whose benefit period as a QEZE business enterprise has expired.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-06-20 - SUBSTITUTED BY A11044 [S07946 Detail]

Download: New_York-2017-S07946-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          7946
                    IN SENATE
                                     March 12, 2018
                                       ___________
        Introduced by Sen. MARCHIONE -- (at request of the Empire State Develop-
          ment)  --  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  the  local
          administration of empire zones
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. The opening paragraph of subdivision (f) of section 963  of
     2  the  general municipal law, as amended by section 8 of part S-1 of chap-
     3  ter 57 of the laws of 2009, is amended to read as follows:
     4    All certified businesses, with the exception of  those  whose  benefit
     5  period  as  a  QEZE  business  enterprise  has  expired, are required to
     6  provide a certified annual report to the local zone administration board
     7  which report shall include but not be limited to the following:
     8    § 2. This act shall take effect immediately.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD14355-01-8
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