S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6687
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                              March 25, 2021
                                ___________
 
 Introduced by M. of A. ABINANTI -- read once and referred to the Commit-
   tee on Economic Development
 
 AN ACT to amend the New York state urban development corporation act, in
   relation to obligations of members of economic development entities
 
   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 32-a to read as follows:
   § 32-A. SPECIAL PROVISIONS RELATING TO ECONOMIC DEVELOPMENT  ENTITIES.
 (1)  FOR  THE PURPOSES OF THIS SECTION, AN "ECONOMIC DEVELOPMENT ENTITY"
 SHALL MEAN ANY ENTITY CREATED BY THE  EXECUTIVE  BRANCH,  INCLUDING  THE
 EXECUTIVE CHAMBER OF THE GOVERNOR AND LIEUTENANT GOVERNOR, AND ANY STATE
 AGENCY  WHOSE  FUNCTION  INCLUDES  PROVIDING  ADVICE, RECOMMENDATIONS OR
 DETERMINATIONS TO OR ON BEHALF OF THE  EXECUTIVE  BRANCH  OR  ANY  STATE
 AGENCY, AS DEFINED IN PARAGRAPH (B) OF SUBDIVISION ONE OF SECTION SEVEN-
 TY-THREE-A OF THE PUBLIC OFFICERS LAW, ON THE ALLOCATION OR DISBURSEMENT
 OF STATE OR FEDERAL MONIES OR TAX CREDITS AND/OR BENEFITS.
   (2)  (A)  THE  PROVISIONS  OF ARTICLE SEVEN OF THE PUBLIC OFFICERS LAW
 APPLICABLE TO PUBLIC BODIES SHALL APPLY TO AN ECONOMIC DEVELOPMENT ENTI-
 TY.
   (B) THE PROVISIONS OF ARTICLE SIX OF THE PUBLIC OFFICERS LAW  APPLICA-
 BLE TO AGENCIES SHALL APPLY TO AN ECONOMIC DEVELOPMENT ENTITY.  IN ADDI-
 TION TO THE REQUIREMENTS OF SUBDIVISION THREE OF SECTION EIGHTY-SEVEN OF
 THE  PUBLIC  OFFICERS LAW, AN ECONOMIC DEVELOPMENT ENTITY SHALL MAINTAIN
 AND MAKE AVAILABLE  FOR  PUBLIC  INSPECTION  AND  COPYING  ANY  AND  ALL
 PROPOSALS  SUBMITTED  TO  IT  THROUGH A CENTRALIZED APPLICATION PROCESS,
 INCLUDING THE CONSOLIDATED FUNDING APPLICATIONS PROCESS, EXCEPT THAT  AN
 ECONOMIC  DEVELOPMENT  ENTITY  MAY  REDACT  OR  WITHHOLD  PORTIONS  OF A
 PROPOSAL IF SUCH PORTION WOULD BE EXEMPT  FROM  DISCLOSURE  PURSUANT  TO
 ARTICLE SIX OF THE PUBLIC OFFICERS LAW.
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD01013-01-1

 A. 6687                             2
 
   (C)  FOR THE PURPOSE OF SECTION SEVENTY-THREE-A OF THE PUBLIC OFFICERS
 LAW, ANY MEMBER OF AN ECONOMIC DEVELOPMENT  ENTITY  SHALL  BE  DEEMED  A
 STATE  OFFICER  OR EMPLOYEE AND SHALL BE DEEMED A POLICY MAKER AND SHALL
 FILE AN ANNUAL STATEMENT OF FINANCIAL DISCLOSURE SET FORTH  IN  SUBDIVI-
 SION THREE OF SECTION SEVENTY-THREE-A OF THE PUBLIC OFFICERS LAW.
   (D)  THE PROVISIONS OF SECTION SEVENTY-FOUR OF THE PUBLIC OFFICERS LAW
 APPLICABLE TO AN OFFICER OR EMPLOYEE OF A STATE AGENCY  SHALL  APPLY  TO
 ANY MEMBER OF AN ECONOMIC DEVELOPMENT ENTITY.
   §  2.  This act shall take effect immediately; provided, however, that
 those incumbents who have not filed a disclosure form for  the  calendar
 year  2020 shall have thirty days from the effective date of this act to
 file such form with the joint commission on public ethics.