Bill Text: NY A10369 | 2019-2020 | General Assembly | Introduced

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Bill Title: Increases the maximum amount of grants and loans under the airport improvement and revitalization grant and loan program from 1.5 million to 2.5 million dollars.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2020-05-04 - referred to transportation [A10369 Detail]

Download: New_York-2019-A10369-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          10369

                   IN ASSEMBLY

                                       May 4, 2020
                                       ___________

        Introduced  by M. of A. LUPARDO -- read once and referred to the Commit-
          tee on Transportation

        AN ACT to amend the transportation law, in relation  to  increasing  the
          maximum  amount  of grants and loans under the airport improvement and
          revitalization grant and loan program

          The People of the State of New York, represented in Senate and  Assem-
        bly, do enact as follows:

     1    Section  1.  Paragraph  (f)  of  subdivision  2 of section 14-1 of the
     2  transportation law, as amended by section 1 of part HH of chapter 54  of
     3  the laws of 2016, is amended to read as follows:
     4    (f) No grant or loan to any eligible applicant shall exceed the sum of
     5  [one] two million five hundred thousand dollars, and no part of any such
     6  grant  or  loan  shall  be  used  for salaries or for services regularly
     7  provided by the applicant for administrative costs  in  connection  with
     8  such grant or loan.
     9    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD16180-01-0