Assembly Bill A2223

2021-2022 Legislative Session

Relates to applications under the economic transformation and facility redevelopment program

download bill text pdf

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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-A2223 (ACTIVE) - Details

Current Committee:
Assembly Economic Development
Law Section:
Economic Development Law
Laws Affected:
Amd §402, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2013-2014: A9688
2015-2016: A4783
2017-2018: A2861
2019-2020: A4701
2023-2024: A4699

2021-A2223 (ACTIVE) - Summary

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

2021-A2223 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2223
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 14, 2021
                                ___________
 
 Introduced  by M. of A. SMULLEN -- read once and referred to the Commit-
   tee 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 amended by section 4 of part QQ of chapter 60  of  the  laws  of
 2016, 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 TWENTY-THREE.   Provided however, in the case of a
 closed facility described in paragraph  (d)  of  subdivision  eleven  of
 section  four  hundred  of this article, a business entity must submit a
 completed application as prescribed by  the  commissioner  by  September
 first, two thousand sixteen.
   §  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.
                                                            LBD01317-01-1

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