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.
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