Bill Text: NY A01389 | 2011-2012 | General Assembly | Amended
Bill Title: Finances the transportation and distribution of New York state farm grown products to food service markets, including restaurants, schools, colleges, and others, especially in underserved urban and other communities.
Spectrum: Partisan Bill (Democrat 12-0)
Status: (Introduced - Dead) 2011-06-06 - substituted by s614b [A01389 Detail]
Download: New_York-2011-A01389-Amended.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 1389--A 2011-2012 Regular Sessions I N A S S E M B L Y (PREFILED) January 5, 2011 ___________ Introduced by M. of A. ORTIZ, BROOK-KRASNY, LUPARDO -- Multi-Sponsored by -- M. of A. BENEDETTO, BOYLAND, GOTTFRIED, MAGEE, PHEFFER, TOWNS -- read once and referred to the Committee on Agriculture -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the New York state urban development corporation act, in relation to financing the transportation and distribution of foods grown in New York state for delivery to food service institutions and underserved markets THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Subdivision 1 of section 16-m of section 1 of chapter 174 2 of the laws of 1968, constituting the New York state urban development 3 corporation act, is amended by adding a new paragraph (l) to read as 4 follows: 5 (L) LOANS, LOAN GUARANTEES, INTEREST SUBSIDIES AND GRANTS INCLUDING 6 INTEREST SUBSIDY GRANTS TO BUSINESSES, LOCAL AND REGIONAL ECONOMIC 7 DEVELOPMENT CORPORATIONS, NOT-FOR-PROFIT CORPORATIONS, REGIONAL MARKET- 8 ING ORGANIZATIONS, AGRICULTURAL COOPERATIVES ORGANIZED PURSUANT TO THE 9 COOPERATIVE CORPORATIONS LAW, AND OTHER LOCAL OR REGIONAL ORGANIZATIONS 10 TO FINANCE TRANSPORTATION AND DISTRIBUTION PROJECTS THAT FACILITATE 11 DISTRIBUTION AND SALES OF NEW YORK FARM PRODUCTS BY FARMERS AND ASSOCI- 12 ATIONS OF FARMERS TO FOOD AND FOOD SERVICES BUYERS AND PROCESSORS, SUCH 13 AS RESTAURANTS, SCHOOLS, FOOD RETAILERS, FARMERS' MARKETS, COLLEGES AND 14 OTHER INSTITUTIONAL OPERATIONS ESPECIALLY IN URBAN AND OTHER COMMUNITIES 15 WHERE THERE HAS BEEN A LACK OF AVAILABILITY OF SUCH PRODUCTS. LOANS, 16 LOAN GUARANTEES AND INTEREST SUBSIDY GRANTS MAY BE USED TO FINANCE NEW 17 CONSTRUCTION, RENOVATION OR LEASEHOLD IMPROVEMENTS AND THE ACQUISITION 18 OF LAND, BUILDINGS, MACHINERY AND EQUIPMENT. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03692-05-1 A. 1389--A 2 1 S 2. This act shall take effect immediately; provided that the amend- 2 ments to section 16-m of section 1 of chapter 174 of the laws of 1968, 3 constituting the New York state urban development corporation act, made 4 by section one of this act, shall expire on the same date as such 5 section expires and shall be deemed to expire therewith.