Bill Text: NY S02815 | 2019-2020 | General Assembly | Introduced
Bill Title: Relates to the creation of a searchable database; requires the Urban Development Corporation to create or modify an existing searchable database including information on qualified participants receiving state economic development benefits.
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Introduced - Dead) 2020-01-08 - REFERRED TO CORPORATIONS, AUTHORITIES AND COMMISSIONS [S02815 Detail]
Download: New_York-2019-S02815-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 2815 2019-2020 Regular Sessions IN SENATE January 29, 2019 ___________ Introduced by Sen. COMRIE -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the New York state urban development corporation act and the economic development law, in relation to the creation of a search- able database The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Section 1 of chapter 174 of the laws of 1968, constituting 2 the New York state urban development corporation act, is amended by 3 adding a new section 53 to read as follows: 4 § 53. Reporting. (1) Definitions. For the purposes of this section, 5 the following terms shall have the following meanings: 6 (a) "Economic development benefits" shall mean: 7 (i) the available state resources including, but not limited to, state 8 grants, loans, loan guarantees, loan interest subsidies, and/or subsi- 9 dies allocated through the corporation; and 10 (ii) tax credits, tax exemptions or reduced tax rates and/or benefits 11 which are applied for and preapproved or certified by a state agency; 12 (b) "Qualified participant" shall mean an individual, business, or any 13 other entity that has applied for and received approval for and/or is 14 the beneficiary of, any economic development benefits of ten thousand 15 dollars or more under any individual economic development program or 16 project overseen by the New York state urban development corporation or 17 economic development benefits that were originally allocated to the 18 corporation or that flow through the corporation; 19 (c) "State agency" shall mean any New York state department, board, 20 bureau, division, commission, committee, public authority, public corpo- 21 ration, council, office or other state governmental entity performing a 22 governmental or proprietary function for the state, as well as entities 23 created by any of the preceding or that are governed by a board of EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD03910-02-9S. 2815 2 1 directors or similar body a majority of which is designated by one or 2 more state officials; 3 (d) "Full-time job" shall mean a job in which an individual is 4 employed by a qualified participant for at least thirty-five hours a 5 week; 6 (e) "Full-time equivalent" shall mean a unit of measure which is equal 7 to one filled, full-time, annual-salaried position; 8 (f) "Part-time job" shall mean a job in which an individual is 9 employed by a qualified participant for less than thirty-five hours a 10 week; and 11 (g) "Contract job" shall mean a job in which an individual is hired 12 for a season or for a limited period of time. 13 (2) Searchable state subsidy and economic development benefits data- 14 base. Notwithstanding any laws to the contrary, the corporation, in 15 cooperation with the department of economic development, shall create or 16 modify an existing searchable database, which includes the following 17 features and functionality: 18 (a) the ability to search the database by each of the reported infor- 19 mation to the corporation and for the public viewer to show a qualified 20 participant which is a recipient of an economic development benefit and 21 view a list of all types and amounts of benefits received by a qualified 22 participant; 23 (b) for the prior state fiscal year, the following information: 24 (i) a qualified participant's name and location; 25 (ii) the time span over which a qualified participant is to or has 26 received economic development benefits; 27 (iii) the type of such economic development benefits provided to a 28 qualified participant, including the name of the program or programs 29 through which economic development benefits are provided; 30 (iv) for any economic development benefits provided for job retention 31 and creation, the total number of employees at all sites covered by the 32 project utilizing such economic development benefits at the time of the 33 agreement including the number of permanent full-time jobs, the number 34 of permanent part-time jobs, the number of full-time equivalents, and 35 the number of contract jobs; 36 (v) the number of jobs that a qualified participant receiving economic 37 development benefits is contractually obligated to retain and create 38 over the life of the project utilizing such economic development bene- 39 fits, except that such information shall be reported on an annual basis 40 for agreements containing annual job retention or creation requirements, 41 and for each reporting year, the base employment level the entity 42 receiving economic development benefits agrees to retain over the life 43 of the project utilizing such economic development benefits, any job 44 creation scheduled to take place as a result of the project utilizing 45 such economic development benefits and where applicable, any job 46 creation targets for the current reporting year; 47 (vi) the amount of economic development benefits received by a quali- 48 fied participant during the year covered by the report, the amount of 49 economic development benefits received by a qualified participant since 50 the beginning of the project period, and the present value of the 51 further economic development benefits committed to by the state but not 52 yet received by a qualified participant for the duration of the project; 53 (vii) for any economic development benefits provided for job retention 54 and creation, the total actual number of employees at all sites covered 55 by the project utilizing such economic development benefits for the 56 current reporting year, including the number of permanent full-timeS. 2815 3 1 jobs, the number of permanent part-time jobs, the number of full-time 2 equivalents, and the number of contract jobs; 3 (viii) a statement of compliance indicating whether, during the 4 current reporting year, the corporation and/or any other state agency 5 has reduced, cancelled or recaptured economic development benefits from 6 such qualified participant, and, if so, the total amount of the 7 reduction, cancellation or recapture, and any penalty assessed and the 8 reasons therefor; 9 (c) the ability to digitally select defined individual fields corre- 10 sponding to any of the reported information from qualified participants 11 to create unique database views; 12 (d) the ability to download the database in its entirety, or in part, 13 in a common machine readable format; 14 (e) the ability to view and download contracts or award agreements for 15 each economic development benefit received by the qualified participant 16 to the extent such contracts or award agreements are available to the 17 public pursuant to article six of the public officers law; 18 (f) a definition or description of terms for fields in the database; 19 and 20 (g) a summary of each economic development benefit available to quali- 21 fied participants. 22 (3) Certification regarding reporting. The corporation shall certify 23 to the New York state authorities budget office, the corporation's board 24 of directors and post to its website that it has fulfilled all of its 25 reporting requirements as required by law, rules, regulations, or execu- 26 tive orders. The corporation shall provide a list of all reports, the 27 due dates of such reports, and certify to the New York state authorities 28 budget office and the corporation's board of directors, that each report 29 has been submitted to the individual, office, or entity as prescribed by 30 applicable laws, rules, and regulations. 31 (4) Database reporting. The corporation may request the specific data 32 from qualified participants, which is necessary and required in develop- 33 ing, updating and maintaining the searchable database. Such qualified 34 participants shall provide any such information requested by the corpo- 35 ration. Beginning on June first, two thousand twenty, the corporation 36 shall make all reported data on such database available to the public on 37 its website. Such database shall be updated on a quarterly basis with 38 qualified participants added to any programs and any new data provided 39 by existing qualified participants required reporting. 40 (5) Reporting. The corporation's senior staff shall report on a quar- 41 terly basis, to the corporation's board of directors with a status 42 update on the development and maintenance of the searchable database. 43 § 2. Section 100 of the economic development law is amended by adding 44 a new subdivision 18-j to read as follows: 45 18-j. to assist the urban development corporation to establish a 46 searchable database pursuant to section fifty-three of the urban devel- 47 opment corporation act. 48 § 3. This act shall take effect on the ninetieth day after it shall 49 have become a law. Effective immediately, the addition, amendment 50 and/or repeal of any rule or regulation necessary for the implementation 51 of this act on its effective date are authorized to be made and 52 completed on or before such effective date.
