Assembly Bill A7333

Vetoed By Governor
2023-2024 Legislative Session

Relates to certain economic development programs

download bill text pdf

Sponsored By

Current Bill Status Via S6056 - Vetoed by Governor

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

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2023-A7333 (ACTIVE) - Details

See Senate Version of this Bill:
S6056
Law Section:
Economic Development Law
Laws Affected:
Amd §100-a, Ec Dev L; amd §§16-d & 16-n, UDC Act

2023-A7333 (ACTIVE) - Summary

Relates to certain economic development programs; requires reporting on the use of fiber-optic technology in certain economic development grant programs; adds access to high-speed broadband internet service as consideration in certain competitive grant projects.

2023-A7333 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7333
 
                        2023-2024 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 17, 2023
                                ___________
 
 Introduced  by M. of A. BRONSON -- read once and referred to the Commit-
   tee on Economic Development
 
 AN ACT to amend the economic development law  and  the  New  York  state
   urban  development  corporation  act,  in relation to certain economic
   development programs
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1. Section 100-a of the economic development law, as added by
 section 1 of part UUU of chapter 59 of the laws of 2017, is  amended  to
 read as follows:
   §  100-a. Comprehensive economic development reporting. The department
 shall prepare an annual comprehensive economic  development  report,  no
 later than December thirty-first of each year, listing economic develop-
 ment  assistance provided by the New York state urban development corpo-
 ration and the department, including but not  limited  to  tax  expendi-
 tures,  marketing  and  advertising,  grants,  awards  and  loans.  Such
 comprehensive report shall include aggregate totals  for  each  economic
 development program administered by the New York state urban development
 corporation  and  the  department,  including but not limited to program
 progress,  program  participation  rates,  economic   impact,   regional
 distribution,  industry  trends, and any other information deemed neces-
 sary by the commissioner.  SUCH COMPREHENSIVE REPORT MAY ALSO INCLUDE  A
 SUMMARY  OF  THE EXTENT TO WHICH COMMUNITY REVITALIZATION GRANT PROGRAMS
 INCORPORATED THE USE OF  END-TO-END  FIBER-OPTIC  ARCHITECTURE  FOR  THE
 PROVISION OF HIGH-SPEED BROADBAND INTERNET SERVICE. The department shall
 prominently  post  the  comprehensive economic development report on its
 website no later than January first of each year.
   § 2. Subparagraph (i) of paragraph (a) of  subdivision  5  of  section
 16-d  of  section 1 of chapter 174 of the laws of 1968, constituting the
 New York state urban development corporation act, as  added  by  chapter
 169 of the laws of 1994, is amended to read as follows:

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10495-01-3

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