Senate Bill S5813

Signed By Governor
2015-2016 Legislative Session

Relates to the management of the Roosevelt Island operating corporation

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Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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Bill Amendments

co-Sponsors

2015-S5813 - Details

See Assembly Version of this Bill:
A7974
Law Section:
Not-for-Profit Corporation
Laws Affected:
Amd §4, Chap 899 of 1984

2015-S5813 - Summary

Authorizes the Roosevelt Island operating corporation board of directors to provide financial assistance in the form of grants to not-for-profit organizations that provide services to residents.

2015-S5813 - Sponsor Memo

2015-S5813 - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  5813

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 4, 2015
                               ___________

Introduced  by  Sens. SERRANO, GOLDEN -- read twice and ordered printed,
  and when printed to be committed to the Committee on Cities

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, in relation to the management of
  such corporation

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

  Section  1.  Subdivision 15 of section 4 of 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, is amended to
read as follows:
  15.    PROVIDE  FINANCIAL  ASSISTANCE  IN  THE  FORM  OF   GRANTS   TO
NOT-FOR-PROFIT CORPORATIONS OR GOVERNMENTAL AGENCIES THAT PROVIDE DIRECT
SERVICES  TO  THE RESIDENTS OF ROOSEVELT ISLAND, NOT TO EXCEED 1% OF THE
OPERATING BUDGET OF THE CORPORATION, AND UPON THE APPROVAL OF A MAJORITY
OF THE ENTIRE BOARD OF THE CORPORATION.
  16. Do and perform all other acts necessary or convenient to carry out
the foregoing in connection with the SPECIALIZED development, management
or operation of Roosevelt Island.
  S 2. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11372-02-5

co-Sponsors

2015-S5813A - Details

See Assembly Version of this Bill:
A7974
Law Section:
Not-for-Profit Corporation
Laws Affected:
Amd §4, Chap 899 of 1984

2015-S5813A - Summary

Authorizes the Roosevelt Island operating corporation board of directors to provide financial assistance in the form of grants to not-for-profit organizations that provide services to residents.

2015-S5813A - Sponsor Memo

2015-S5813A - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5813--A

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 4, 2015
                               ___________

Introduced  by  Sens. SERRANO, GOLDEN -- read twice and ordered printed,
  and when printed to be committed to the Committee on Cities -- commit-
  tee discharged, bill amended, ordered reprinted as amended and  recom-
  mitted to said committee

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, in relation to the management of
  such corporation; and providing for the repeal of such provisions upon
  expiration thereof

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

  Section 1. Subdivision 15 of section 4 of 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,  is  amended  to
read as follows:
  15.    PROVIDE  FINANCIAL  ASSISTANCE IN THE FORM OF GRANTS THROUGH AN
OPEN APPLICATION PROCESS TO NOT-FOR-PROFIT CORPORATIONS OR  GOVERNMENTAL
AGENCIES  THAT  PROVIDE  DIRECT  SERVICES  TO THE RESIDENTS OF ROOSEVELT
ISLAND, NOT TO EXCEED 3 PERCENT OF THE OPERATING BUDGET  OF  THE  CORPO-
RATION,  AND  UPON THE APPROVAL OF A MAJORITY OF THE ENTIRE BOARD OF THE
CORPORATION BY A FORMAL BOARD RESOLUTION AUTHORIZING SUCH GRANTS  AND  A
FORMAL REPORT IDENTIFYING RECIPIENTS.
  16. Do and perform all other acts necessary or convenient to carry out
the  foregoing  in connection with the development, management or opera-
tion of Roosevelt Island.
  S 2. This act shall take effect immediately, and shall expire  and  be
deemed repealed December 31, 2016.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11372-05-5

co-Sponsors

2015-S5813B (ACTIVE) - Details

See Assembly Version of this Bill:
A7974
Law Section:
Not-for-Profit Corporation
Laws Affected:
Amd §4, Chap 899 of 1984

2015-S5813B (ACTIVE) - Summary

Authorizes the Roosevelt Island operating corporation board of directors to provide financial assistance in the form of grants to not-for-profit organizations that provide services to residents.

2015-S5813B (ACTIVE) - Sponsor Memo

2015-S5813B (ACTIVE) - Bill Text download pdf 

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 5813--B

                       2015-2016 Regular Sessions

                            I N  S E N A T E

                              June 4, 2015
                               ___________

Introduced  by  Sens. SERRANO, GOLDEN -- read twice and ordered printed,
  and when printed to be committed to the Committee on Cities -- commit-
  tee discharged, bill amended, ordered reprinted as amended and  recom-
  mitted  to  said  committee  --  committee  discharged,  bill amended,
  ordered reprinted as amended and recommitted to said committee

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, in relation to the management of
  such corporation; to amend the public authorities law, in relation  to
  the  management  of  the  Roosevelt  Island operating corporation; and
  providing for the repeal of such provisions upon expiration thereof

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

  Section 1.  Legislative intent. This act shall authorize the Roosevelt
Island  Operating Corporation to distribute public purpose funds to not-
for-profit community organizations whose purpose is to benefit Roosevelt
Island residents by enhancing their quality of life  through  education,
artistic and cultural enrichment, improved health or better environment.
  S  2.  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, is amended by adding a new section 4-a to read
as follows:
  S 4-A.  NOT-FOR-PROFIT  GRANT  DISTRIBUTION.  1.  THE  CORPORATION  IS
AUTHORIZED  TO  PROVIDE  FINANCIAL  ASSISTANCE  IN THE FORM OF GRANTS TO
NOT-FOR-PROFIT CORPORATIONS OR GOVERNMENTAL AGENCIES THAT PROVIDE DIRECT
SERVICES OR BENEFITS TO THE RESIDENTS OF ROOSEVELT ISLAND, NOT TO EXCEED
3% OF THE OPERATING BUDGET OF THE CORPORATION, AND UPON THE APPROVAL  OF
A MAJORITY OF THE ENTIRE BOARD OF THE CORPORATION.
  2.  ON  OR  BEFORE MAY 1, 2016, THE CORPORATION SHALL POST A REPORT ON
ITS WEBSITE THAT SHALL LIST AND  DESCRIBE  THE  PURPOSE  OF  EACH  GRANT

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11372-13-5

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