Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 13, 2025 |
referred to finance |
Senate Bill S1637
2025-2026 Legislative Session
Sponsored By
(R, C) 57th Senate District
Current Bill Status - In Senate Committee Finance 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
Actions
2025-S1637 (ACTIVE) - Details
- Current Committee:
- Senate Finance
- Law Section:
- Appropriations
- Laws Affected:
- Amd §54, St Fin L
- Versions Introduced in 2023-2024 Legislative Session:
-
S4836
2025-S1637 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1637 SPONSOR: BORRELLO TITLE OF BILL: An act to amend the state finance law, in relation to awarding grants to municipalities for capital improvement projects; and making an appropri- ation therefor PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to create a grant matching program for muni- cipalities. SUMMARY OF PROVISIONS: Section 1. Amends subdivision 10 of section 54 of the state finance law in relation to the local government capital improvement grant program and outlines the conditions of the program. Section 2. Appropriates funds to the department of state from the state treasury for purposes of local capital improvements and makes the funds
2025-S1637 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1637 2025-2026 Regular Sessions I N S E N A T E January 13, 2025 ___________ Introduced by Sen. BORRELLO -- read twice and ordered printed, and when printed to be committed to the Committee on Finance AN ACT to amend the state finance law, in relation to awarding grants to municipalities for capital improvement projects; and making an appro- priation therefor THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Subdivision 10 of section 54 of the state finance law is amended by adding a new paragraph w to read as follows: W. LOCAL GOVERNMENT CAPITAL IMPROVEMENT GRANT PROGRAM. (I) (1) FOR THE PURPOSES OF THIS PARAGRAPH, "MUNICIPALITY" AND "MUNICIPALITIES" SHALL MEAN ANY CITY, TOWN OR VILLAGE THAT HAS A POPULATION OF LESS THAN SEVEN THOUSAND FIVE HUNDRED. (2) FOR THE PURPOSES OF THIS PARAGRAPH, "TOTAL EXPENDITURES" SHALL MEAN THE TOTAL EXPENDITURES FOR A MUNICIPALITY AS REPORTED TO THE STATE COMPTROLLER. (3) FOR THE PURPOSES OF THIS PARAGRAPH, "CAPITAL IMPROVEMENT PROJECTS" SHALL MEAN ANY NON-TRANSPORTATION RELATED CAPITAL IMPROVEMENT PROJECT ON PROPERTY OWNED BY A MUNICIPALITY THAT HAS A TOTAL COST OF ONE HUNDRED THOUSAND DOLLARS OR HIGHER AND SUCH PROJECT EXCEEDS TEN PERCENT OF SUCH MUNICIPALITY'S TOTAL EXPENDITURES. (II) WITHIN THE ANNUAL AMOUNTS APPROPRIATED THEREFOR, THE SECRETARY OF STATE MAY AWARD MATCHING GRANTS TO MUNICIPALITIES TO COVER COSTS ASSOCI- ATED WITH CAPITAL IMPROVEMENT PROJECTS. (III) THE MAXIMUM CUMULATIVE GRANT AWARD FOR A LOCAL GOVERNMENT CAPI- TAL IMPROVEMENT GRANT SHALL NOT EXCEED TWO HUNDRED FIFTY THOUSAND DOLLARS. (IV) MATCHING FUNDS EQUAL TO AT LEAST FIFTY PERCENT OF THE TOTAL COST OF THE CAPITAL IMPROVEMENT PROJECT UNDER THE GRANT APPROVED BY THE DEPARTMENT OF STATE SHALL BE REQUIRED TO RECEIVE A LOCAL GOVERNMENT CAPITAL IMPROVEMENT GRANT. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD04896-01-5
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