Assembly Bill A1438

2021-2022 Legislative Session

Allows municipalities to lease naming rights of government owned property

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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2021-A1438 (ACTIVE) - Details

See Senate Version of this Bill:
S2081
Current Committee:
Assembly Local Governments
Law Section:
General Municipal Law
Laws Affected:
Add §99-x, Gen Muni L
Versions Introduced in Other Legislative Sessions:
2011-2012: S7507
2013-2014: A7110, S932
2015-2016: A2032, S295
2017-2018: A7832, S3865
2019-2020: A1528, S3153

2021-A1438 (ACTIVE) - Summary

Allows municipalities to lease naming rights of government-owned property.

2021-A1438 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1438
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 11, 2021
                                ___________
 
 Introduced  by  M. of A. MAGNARELLI, FRIEND -- read once and referred to
   the Committee on Local Governments
 
 AN ACT to amend the general municipal law, in relation to allowing muni-
   cipalities to lease naming rights for government owned property
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  general  municipal  law  is  amended by adding a new
 section 99-x to read as follows:
   § 99-X. TRANSFER AND LEASE OF  NAMING  RIGHTS.  1.  AS  USED  IN  THIS
 SECTION  THE  TERM  "MUNICIPALITY"  SHALL  MEAN  A COUNTY, CITY, TOWN OR
 VILLAGE.
   2. NOTWITHSTANDING ANY OTHER PROVISION  OF  LAW,  A  MUNICIPALITY  MAY
 ENTER  INTO  A CONTRACT TO LEASE THE NAMING RIGHTS OF ANY PROPERTY OWNED
 BY SUCH MUNICIPALITY ACCORDING TO THE REQUIREMENTS OF THIS SECTION.  THE
 CHIEF  EXECUTIVE  OFFICER  OF  THE MUNICIPALITY SHALL BE RESPONSIBLE FOR
 NEGOTIATING THE CONTRACT, SUBJECT TO THE RATIFICATION OF A  MAJORITY  OF
 THE MEMBERS OF THE LEGISLATIVE BODY OF SUCH MUNICIPALITY.
   3.  SUCH  LEASING AGREEMENT SHALL BE FOR A PERIOD OF NOT LESS THAN ONE
 YEAR AND NOT MORE THAN FIVE YEARS.
   4. PRIOR TO THE RATIFICATION OF A CONTRACT PURSUANT TO  THIS  SECTION,
 THE  LEGISLATIVE  BODY OF A MUNICIPALITY SHALL HOLD A PUBLIC HEARING, ON
 NOTICE OF AT LEAST THIRTY DAYS, ANNOUNCING THE INTENTION OF SUCH MUNICI-
 PALITY TO ENTER INTO SUCH A CONTRACT WITH A THIRD PARTY. A PUBLIC  HEAR-
 ING  PURSUANT  TO  THIS  SECTION SHALL NOT BE HELD MORE THAN NINETY DAYS
 PRIOR TO SUCH RATIFICATION.
   5. NOTWITHSTANDING ANY OTHER PROVISION OF LAW, THE PROCEEDS  FROM  ANY
 TRANSACTION  DESCRIBED  IN THIS SECTION MAY BE USED BY SUCH MUNICIPALITY
 FOR ANY LAWFUL MUNICIPAL PURPOSE.
   § 2. This act shall take effect immediately.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01434-01-1

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