Bill Text: NY A08037 | 2013-2014 | General Assembly | Introduced


Bill Title: Relates to financial assistance provided by the Auburn industrial development authority.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2013-06-21 - substituted by s5800a [A08037 Detail]

Download: New_York-2013-A08037-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         8037
                              2013-2014 Regular Sessions
                                 I N  A S S E M B L Y
                                     June 17, 2013
                                      ___________
       Introduced  by M. of A. FINCH -- read once and referred to the Committee
         on Corporations, Authorities and Commissions
       AN ACT to amend the public authorities law,  in  relation  to  financial
         assistance provided by the Auburn industrial development authority
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. The opening paragraph of section 2306 of the public author-
    2  ities law, as amended by chapter 556 of the laws of 1973, is amended  to
    3  read as follows:
    4    The  purposes of the authority shall be to promote, develop, encourage
    5  and assist in the acquiring,  constructing,  reconstructing,  improving,
    6  maintaining,  equipping  and furnishing industrial, manufacturing, ware-
    7  house, commercial and research facilities and facilities for  use  by  a
    8  federal  agency  or  a  medical  facility including industrial pollution
    9  control facilities, which may include transportation facilities  includ-
   10  ing  but  not limited to those relating to water, highway, rail and air,
   11  in one or more areas of the city, and thereby advance the  job  opportu-
   12  nities, health, general prosperity and economic welfare of the people of
   13  said  city  and  to  improve  their medical care and standard of living;
   14  provided, however, that the authority shall not undertake any project if
   15  the completion thereof would result in the removal of an  industrial  or
   16  manufacturing  plant  of the project occupant from one area of the state
   17  to another area of the state or in abandonment of one or more plants  or
   18  facilities  of the project applicant located within the state, provided,
   19  however, that neither restriction shall apply  if  the  authority  shall
   20  determine  on the basis of the application before it that the project is
   21  reasonably necessary to discourage the project  occupant  from  removing
   22  such  other  plant  or  facility  to  a location outside the state or is
   23  reasonably necessary to preserve the competitive position of the project
   24  occupant in its respective industry. EXCEPT AS OTHERWISE PROVIDED FOR IN
   25  THIS SECTION, NO FINANCIAL ASSISTANCE OF THE AUTHORITY SHALL BE PROVIDED
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD11515-04-3
       A. 8037                             2
    1  IN RESPECT OF ANY PROJECT WHERE FACILITIES OR PROPERTY THAT ARE PRIMARI-
    2  LY USED IN MAKING RETAIL SALES TO CUSTOMERS WHO  PERSONALLY  VISIT  SUCH
    3  FACILITIES CONSTITUTE MORE THAN ONE-THIRD OF THE TOTAL PROJECT COST. FOR
    4  THE  PURPOSES OF THIS ARTICLE, "RETAIL SALES" SHALL MEAN: (I) SALES BY A
    5  REGISTERED VENDOR UNDER ARTICLE TWENTY-EIGHT OF THE  TAX  LAW  PRIMARILY
    6  ENGAGED  IN THE RETAIL SALE OF TANGIBLE PERSONAL PROPERTY, AS DEFINED IN
    7  SUBPARAGRAPH (I) OF PARAGRAPH FOUR OF SUBDIVISION (B) OF SECTION  ELEVEN
    8  HUNDRED  ONE  OF THE TAX LAW; OR (II) SALES OF A SERVICE TO SUCH CUSTOM-
    9  ERS. EXCEPT, HOWEVER, THAT TOURISM DESTINATION  PROJECTS  SHALL  NOT  BE
   10  PROHIBITED  BY THIS PARAGRAPH. FOR THE PURPOSE OF THIS PARAGRAPH, "TOUR-
   11  ISM DESTINATION" SHALL MEAN A LOCATION OR FACILITY WHICH  IS  LIKELY  TO
   12  ATTRACT  A  SIGNIFICANT  NUMBER  OF  VISITORS  FROM OUTSIDE THE ECONOMIC
   13  DEVELOPMENT REGION AS ESTABLISHED BY SECTION TWO HUNDRED THIRTY  OF  THE
   14  ECONOMIC DEVELOPMENT LAW, IN WHICH THE PROJECT IS LOCATED.
   15    NOTWITHSTANDING  THE  PROVISIONS OF THIS SECTION TO THE CONTRARY, SUCH
   16  FINANCIAL ASSISTANCE MAY, HOWEVER, BE PROVIDED TO A PROJECT WHERE FACIL-
   17  ITIES OR PROPERTY THAT ARE PRIMARILY USED  IN  MAKING  RETAIL  SALES  OF
   18  GOODS  OR  SERVICES TO CUSTOMERS WHO PERSONALLY VISIT SUCH FACILITIES TO
   19  OBTAIN SUCH GOODS OR SERVICES CONSTITUTE  MORE  THAN  ONE-THIRD  OF  THE
   20  TOTAL  PROJECT  COST,  WHERE: (I) THE PREDOMINANT PURPOSE OF THE PROJECT
   21  WOULD BE TO MAKE AVAILABLE GOODS OR SERVICES WHICH WOULD  NOT,  BUT  FOR
   22  THE  PROJECT,  BE  REASONABLY ACCESSIBLE TO THE RESIDENTS OF THE CITY OF
   23  AUBURN BECAUSE OF A LACK OF REASONABLY ACCESSIBLE RETAIL  TRADE  FACILI-
   24  TIES  OFFERING SUCH GOODS OR SERVICES; OR (II) THE PROJECT IS LOCATED IN
   25  A HIGHLY DISTRESSED AREA.  WITH RESPECT TO PROJECTS AUTHORIZED  PURSUANT
   26  TO  THIS  PARAGRAPH  NO  PROJECT  SHALL BE APPROVED UNLESS THE AUTHORITY
   27  SHALL FIND AFTER THE PUBLIC HEARING  REQUIRED  BY  SECTION  TWENTY-THREE
   28  HUNDRED  SEVEN OF THIS TITLE THAT UNDERTAKING THE PROJECT WILL SERVE THE
   29  PUBLIC PURPOSES OF THIS ARTICLE BY PRESERVING PERMANENT, PRIVATE  SECTOR
   30  JOBS  OR INCREASING THE OVERALL NUMBER OF PERMANENT, PRIVATE SECTOR JOBS
   31  IN THE STATE.   WHERE THE AUTHORITY  MAKES  SUCH  A  FINDING,  PRIOR  TO
   32  PROVIDING  FINANCIAL  ASSISTANCE  TO  THE  PROJECT BY THE AUTHORITY, THE
   33  CHIEF EXECUTIVE OFFICER OF THE CITY OF AUBURN SHALL CONFIRM THE PROPOSED
   34  ACTION OF THE AUTHORITY. To carry out said purpose, the authority  shall
   35  have power:
   36    S  2.  Section 2334 of the public authorities law, as added by chapter
   37  915 of the laws of 1969, is amended to read as follows:
   38    S 2334. Termination of the authority. Whenever all of the bonds issued
   39  by the  authority  shall  have  been  redeemed  or  cancelled,  AND  ALL
   40  STRAIGHT-LEASE  TRANSACTIONS  HAVE  BEEN TERMINATED, the authority shall
   41  cease to exist and all rights, titles, and interest and all  obligations
   42  and  liabilities  thereof  vested in or possessed by the authority shall
   43  thereupon vest in and be possessed by the city of Auburn.
   44    S 3. This act shall take effect on the thirtieth day  after  it  shall
   45  have become a law.
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