Assembly Bill A4783

2015-2016 Legislative Session

Relates to applications under the economic transformation and facility redevelopment program

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • 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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2015-A4783 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd ยง402, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2013-2014: A9688
2017-2018: A2861
2019-2020: A4701
2021-2022: A2223
2023-2024: A4699

2015-A4783 (ACTIVE) - Summary

Relates to extending the date for certain applications under the economic transformation and facility redevelopment program.

2015-A4783 (ACTIVE) - Bill Text download pdf 

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

                                  4783

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                            February 6, 2015
                               ___________

Introduced  by  M.  of A. BUTLER, OAKS -- Multi-Sponsored by -- M. of A.
  BARCLAY, CROUCH -- read once and referred to the Committee on Economic
  Development

AN ACT to amend the economic development law, in relation to application
  under the economic transformation and facility redevelopment program

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

  Section  1.  Subdivision  1 of section 402 of the economic development
law, as added by section 2 of part V of chapter 61 of the laws of  2011,
is amended to read as follows:
  1. A business entity must submit a completed application as prescribed
by  the  commissioner  by  the later of (a) the date that is three years
after the date of the closure of the  closed  facility  located  in  the
economic  transformation area in which the business entity would operate
or (b) January first, two thousand fifteen OR (C) THE DATE THAT IS  FOUR
YEARS  AFTER THE DATE THAT THE TITLE TO A CLOSED FACILITY IS TRANSFERRED
FROM THE STATE TO A COUNTY OR MUNICIPALITY, BUT NO  LATER  THAN  JANUARY
FIRST, TWO THOUSAND NINETEEN.
  S  2. This act shall take effect immediately; provided that the amend-
ment to section 402 of the economic development law made by section  one
of  this  act shall not affect the expiration and repeal of such section
and shall be deemed repealed therewith.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03613-01-5

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