Bill Text: NY S09140 | 2017-2018 | General Assembly | Introduced


Bill Title: Relates to the creation of a searchable database; establishes a searchable database that displays Empire state economic development benefits and other state economic development benefits that qualified participants have been awarded; defines terms.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2018-07-27 - REFERRED TO RULES [S09140 Detail]

Download: New_York-2017-S09140-Introduced.html


                STATE OF NEW YORK
        ________________________________________________________________________
                                          9140
                    IN SENATE
                                      July 27, 2018
                                       ___________
        Introduced  by  Sen.  BOYLE  -- read twice and ordered printed, and when
          printed to be committed to the Committee on Rules
        AN ACT to amend the New York state urban development corporation act and
          the economic development law, in relation to the creation of a search-
          able database
          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:
     1    Section  1. Section 1 of chapter 174 of the laws of 1968, constituting
     2  the New York state urban development  corporation  act,  is  amended  by
     3  adding a new section 53 to read as follows:
     4    §  53.  Reporting.  (1) Definitions. For the purposes of this section,
     5  the following terms shall have the following meanings:
     6    (a) "Economic development benefits" shall mean and include the follow-
     7  ing:
     8    (i) available state resources and/or funds including, but not  limited
     9  to,  state  grants,  loans,  loan  guarantees,  loan interest subsidies,
    10  and/or subsidies; and/or
    11    (ii) tax credits, tax exemptions or reduced tax rates and/or  benefits
    12  which  are  applied  for and preapproved or certified by a state agency;
    13  and
    14    (a-1) "Empire state economic development benefits"  shall  mean  those
    15  economic  development  benefits  made available to the urban development
    16  corporation and/or the department of economic development to award  such
    17  benefits to qualified recipients, or those economic development benefits
    18  which  are  allocated  to the corporation and/or such department but are
    19  subsequently allocated to another  state  agency  or  other  independent
    20  entities for them to make such awards to qualified recipients;
    21    (a-2) "Aggregate economic development benefits" shall mean those bene-
    22  fits  provided  for  in paragraphs (a) and (a-1) of this subdivision and
    23  displayed separately in the database created pursuant to subdivision two
    24  of this section;
    25    (b) "Qualified participant" shall mean an individual, business, limit-
    26  ed liability corporation or any other entity that has  applied  for  and
    27  received  approval  for  and/or  is  the  beneficiary  of, any aggregate
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11284-15-8

        S. 9140                             2
     1  economic development benefits  of  ten  thousand  dollars  or  more  per
     2  project;
     3    (c)  "New  York  state agency" shall mean any state department, board,
     4  bureau, division, commission, committee, public authority, public corpo-
     5  ration, council, office or other state governmental entity performing  a
     6  governmental  or proprietary function for the state, as well as entities
     7  created by any of the preceding or that  are  governed  by  a  board  of
     8  directors  or  similar  body a majority of which is designated by one or
     9  more state officials;
    10    (d) "Full-time job" shall  mean  a  job  in  which  an  individual  is
    11  employed  by  a  qualified  participant for at least thirty-five hours a
    12  week;
    13    (e) "Full-time equivalent" shall mean a unit of measure which is equal
    14  to one filled, full-time, annual-salaried position;
    15    (f) "Part-time job" shall  mean  a  job  in  which  an  individual  is
    16  employed  by  a  qualified participant for less than thirty-five hours a
    17  week; and
    18    (g) "Contract job" shall mean a job in which an  individual  is  hired
    19  for a season or for a limited period of time.
    20    (2)  Searchable state subsidy and aggregate economic development bene-
    21  fits database. Notwithstanding any laws  to  the  contrary,  the  corpo-
    22  ration,  in  cooperation  with  the  department of economic development,
    23  shall create a searchable database, or modify an existing one,  display-
    24  ing  Empire state economic development benefits that a qualified partic-
    25  ipant has been awarded. Such database shall also  display  other  Empire
    26  state  economic  development  benefits  such  qualified  participant has
    27  received from another state agency provided that  it  is  for  the  same
    28  particular  project which received the Empire state economic development
    29  benefits. Such searchable database shall  include,  at  a  minimum,  the
    30  following features and functionality:
    31    (a)  the ability to search the database by each of the reported infor-
    32  mation to the corporation and for the public viewer to show a  qualified
    33  participant  which  is  a recipient of an aggregate economic development
    34  benefit and view a list of all types and amounts of benefits received by
    35  a qualified participant;
    36    (b) for the prior state fiscal year, the following information:
    37    (i) a qualified participant's  name  and  project,  project  location,
    38  project's  complete address, including the postal or zip code in a sepa-
    39  rate searchable field, and the economic region of the state;
    40    (ii) the time span over which a qualified participant is to receive or
    41  has received aggregate economic development benefits;
    42    (iii)  the  type  of  such  aggregate  economic  development  benefits
    43  provided  to  a qualified participant, including the name of the program
    44  or programs through which aggregate economic  development  benefits  are
    45  provided;
    46    (iv)  the total number of employees at all sites utilizing such aggre-
    47  gate economic development benefits at the time of the agreement  includ-
    48  ing  the  number  of  permanent  full-time jobs, the number of permanent
    49  part-time jobs, the number of full-time equivalents, and the  number  of
    50  contract employees;
    51    (v)  for  any aggregate economic development benefit that provides for
    52  job retention and creation that a qualified participant receiving aggre-
    53  gate economic development benefits is contractually obligated to  retain
    54  and create over the life of the project utilizing such aggregate econom-
    55  ic  development benefits, except that such information shall be reported
    56  on an annual basis for agreements containing  annual  job  retention  or

        S. 9140                             3
     1  creation  requirements, and for each reporting year, the base employment
     2  level the  entity  receiving  aggregate  economic  development  benefits
     3  agrees  to  retain over the life of the project utilizing such aggregate
     4  economic  development benefits, any job creation scheduled to take place
     5  as a result of the project utilizing such aggregate economic development
     6  benefits and where applicable, any job creation targets for the  current
     7  reporting year;
     8    (vi) the amount of aggregate economic development benefits received by
     9  a  qualified  participant  during  the  year  covered by the report, the
    10  amount of aggregate economic development benefits received by  a  quali-
    11  fied  participant  since  the  beginning  of the project period, and the
    12  present value of the further  aggregate  economic  development  benefits
    13  committed  to  by the state, but not yet received by a qualified partic-
    14  ipant for the duration of the project;
    15    (vii) for the current reporting  year,  the  total  actual  number  of
    16  employees  at  all sites covered by the project utilizing such aggregate
    17  economic development benefits, including the number of  permanent  full-
    18  time  jobs,  the  number  of  permanent  part-time  jobs,  the number of
    19  contract jobs, the number of jobs filled by minorities or women.
    20    (viii) a  statement  of  compliance  indicating  whether,  during  the
    21  current  reporting  year,  the corporation and/or any other state agency
    22  has reduced, cancelled  or  recaptured  aggregate  economic  development
    23  benefits  from  a qualified participant, and, if so, the total amount of
    24  the reduction, cancellation or recapture, and any penalty  assessed  and
    25  the reasons therefor.
    26    (c)  the  ability to digitally select defined individual fields corre-
    27  sponding to any of the reported information from qualified  participants
    28  to create unique database views;
    29    (d)  the ability to download the database in its entirety, or in part,
    30  in a common machine readable format;
    31    (e) the ability to view and download contracts or award agreements for
    32  each aggregate economic development benefit received  by  the  qualified
    33  participant  to the extent such contracts or award agreements are avail-
    34  able to the public pursuant to article six of the public officers law;
    35    (f) a definition or description of terms for fields in  the  database;
    36  and
    37    (g) a summary of each aggregate economic development benefit available
    38  to qualified participants.
    39    (3)  Certification  regarding reporting. The corporation shall certify
    40  to the New York state authorities budget office, the corporation's board
    41  of directors and post to its website that it has fulfilled  all  of  its
    42  reporting requirements as required by law, rules, regulations, or execu-
    43  tive  orders.  The  corporation shall provide a list of all reports, the
    44  due dates of such reports, and certify to the New York state authorities
    45  budget office and the corporation's board of directors, that each report
    46  has been submitted to the individual, office, or entity as prescribed by
    47  applicable laws, rules, and regulations.
    48    (4) Database reporting. The corporation  may  request  any  data  from
    49  qualified  participants,  which is necessary and required in developing,
    50  updating and  maintaining  the  searchable  database.    Such  qualified
    51  participants  shall provide any such information requested by the corpo-
    52  ration.  Beginning on June first, two thousand nineteen, the corporation
    53  shall make all reported data on such database available to the public on
    54  its website. Such database shall be updated on a  quarterly  basis  with
    55  qualified  participants  added to any programs and any new data provided
    56  by existing qualified participants required reporting.

        S. 9140                             4
     1    (5) Reporting. The corporation's senior staff shall report on a  quar-
     2  terly  basis,  to  the  corporation's  board  of directors with a status
     3  update on the development and maintenance of the searchable database.
     4    §  2. Section 100 of the economic development law is amended by adding
     5  a new subdivision 18-j to read as follows:
     6    18-j. to assist the  urban  development  corporation  to  establish  a
     7  searchable  database pursuant to section fifty-three of the urban devel-
     8  opment corporation act.
     9    § 3. This act shall take effect on the ninetieth day  after  it  shall
    10  have  become  a  law; provided, however, that effective immediately, the
    11  addition, amendment and/or repeal of any rule  or  regulation  necessary
    12  for  the implementation of this act on its effective date are authorized
    13  to be made and completed on or before such effective date.
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