Bill Text: NY S00119 | 2019-2020 | General Assembly | Introduced

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Bill Title: Relates to the sharing of revenue from gaming devices located within the county of Niagara.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2020-01-08 - REFERRED TO FINANCE [S00119 Detail]

Download: New_York-2019-S00119-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                           119
                               2019-2020 Regular Sessions
                    IN SENATE
                                       (Prefiled)
                                     January 9, 2019
                                       ___________
        Introduced  by  Sen.  ORTT  --  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  the  sharing  of
          revenue from gaming devices located within the county of Niagara
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
     1    Section 1. Section 99-h of the state finance law is amended by  adding
     2  a new subdivision 3-b to read as follows:
     3    3-b.    One million six hundred thousand dollars of any funds actually
     4  received by the state pursuant to subdivision two of this section, after
     5  transfer to the general fund, shall be transferred to the Niagara county
     6  industrial development agency for use to fund downtown economic develop-
     7  ment initiatives within the city of Niagara  Falls  including,  but  not
     8  limited  to,  the  rehabilitation of buildings, installation of signage,
     9  training of existing or new employees in  techniques  related  to  their
    10  industry,  and  installation  of appropriate industry related machinery,
    11  but shall not include general obligations  and  responsibilities  tradi-
    12  tionally provided by the city of Niagara Falls.
    13    §  2.  This act shall take effect immediately; provided, however, that
    14  the amendments to section 99-h of the state finance law made by  section
    15  one  of  this  act  shall  survive  the expiration and reversion of such
    16  section pursuant to chapter 747 of the laws of 2006.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD02385-01-9