S T A T E   O F   N E W   Y O R K
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                                 976--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 5, 2011
                               ___________

Introduced  by M. of A. PEOPLES-STOKES -- Multi-Sponsored by -- M. of A.
  BOYLAND, CAMARA, CLARK, MARKEY  --  read  once  and  referred  to  the
  Committee on Economic Development, Job Creation, Commerce and Industry
  --  recommitted to the Committee on Economic Development in accordance
  with Assembly Rule 3, sec. 2 -- committee  discharged,  bill  amended,
  ordered reprinted as amended and recommitted to said committee

AN ACT to amend the New York state urban development corporation act, in
  relation to requiring the corporation to study the city of Buffalo for
  the  purpose  of  fostering the growth of business and industry in New
  York state; and providing for the repeal of such provisions upon expi-
  ration thereof

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Section 1 of chapter 174 of the laws of 1968, constituting
the New York state urban development  corporation  act,  is  amended  by
adding a new section 16-v to read as follows:
  S  16-V.  RETAIL  REDEVELOPMENT  IN THE CITY OF BUFFALO. 1. THE CORPO-
RATION SHALL COMPLETE A STUDY ON THE PROSPECTS FOR RETAIL  REDEVELOPMENT
IN  THE  CITY  OF BUFFALO.   THROUGH A MARKET ANALYSIS STUDY, THE CORPO-
RATION SHALL REPORT ON CURRENT AND PROJECTED TRENDS IN  RETAIL  FOR  THE
CITY.  THE  DEPARTMENT SHALL MAKE RECOMMENDATIONS FOR THE DEVELOPMENT OF
INITIATIVES, PROGRAMS AND POLICIES FOR THE GROWTH OF  RETAIL  BUSINESSES
IN  BUFFALO,  AS  A MODEL FOR OTHER CITIES IN THE STATE. THE CORPORATION
SHALL DEVELOP A RETAIL REVITALIZATION PROPOSAL INCLUDING, BUT NOT LIMIT-
ED, TO THE FOLLOWING:
  (A) CHOOSING TARGET INDUSTRIES WHICH  ARE  UNDERREPRESENTED  OR  WOULD
HAVE A POSITIVE EFFECT ON BUFFALO, ITS RESIDENTS AND TOURISTS, AND WOULD
BE BENEFICIAL TO THE GROWTH AND FINANCIAL WELL BEING OF THE CITY.
  (B)  DEVELOPING  VOLUNTARY  PROGRAMS  WITH NEW YORK STATE COLLEGES AND
UNIVERSITIES TO TRAIN STUDENTS TO WORK IN  THE  SELECTED  TARGET  INDUS-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

                                                           LBD04699-02-2

A. 976--A                           2

TRIES,  INCLUDING  SPECIFIC  EDUCATION  IN STARTING AND RUNNING A RETAIL
BUSINESS.
  (C) CREATING TAX CREDITS OR OTHER SIMILAR INCENTIVES FOR RETAILERS WHO
ARE  WILLING TO OPEN UNDER-REPRESENTED OR FUTURE TREND RETAIL BUSINESSES
OR INDUSTRIES IN THE CITY OF  BUFFALO;  AND  WHO  ARE  WILLING  TO  HIRE
STUDENTS  FROM THE VOLUNTARY PROGRAMS INCLUDING FULL-TIME, PART-TIME AND
SUMMER EMPLOYMENT.
  2. THE CORPORATION SHALL MAKE A PRELIMINARY REPORT TO THE  LEGISLATURE
OF  ITS CONCLUSIONS AND RECOMMENDATIONS, INCLUDING LEGISLATIVE PROPOSALS
NECESSARY TO IMPLEMENT THE SUGGESTED PROGRAMS, NOT LATER  THAN  JULY  1,
2013 AND A FINAL REPORT ON OR BEFORE JANUARY 1, 2014.
  S 2. This act shall take effect immediately and shall remain in effect
until  March  31,  2014,  when upon such date the provisions of this act
shall expire and be deemed repealed.