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- Referred to finance
- Referred to finance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Establishes the New York state historic preservation fund and provides for the undertaking of historic preservation projects
In Assembly Committee · Tourism, Arts And Sports Development · Sponsor Sam Hoyt
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
Title of bill
An act to amend the state finance law, the tax law and the parks, recreation and historic preservation law, in relation to establishing the New York state historic preservation fund
Purpose
To create a fund which would allow taxpayers to contribute gifts toward the preservation and restoration of significant municipal and commercial architecture and historic buildings throughout New York State.
Summary of provisions
Section 2 adds a new section 99-q to the State Finance law creating the New York State Historic Preservation Fund. Moneys of such fund shall be made available to the Commissioner of Parks, Recreation and Historic Preservation for grants to municipalities and not-for-profit corporations.
Section 3 adds a new section 623 to the tax law to allow for gifts to be made to the fund from an individual's tax return.
Section 4 adds a new section 14.11 to the Parks, Recreation and Historic Preservation law to empower the Commissioner to enter into preservation projects and make grants not to exceed fifty percent of the project cost.
Existing law
§56-0309 ECL. The Clean Water/Air Bond Act had appropriated funds for historic preservation grants. These funds have been exhausted.
§52-0701 ECL. The Environmental Quality Bond Act had appropriated funds for historic preservation grants. These funds have been exhausted
Justification
The restoration, preservation and adaptive re-use of historic properties in New York State is an essential element to help revitalize and bring about reinvestment in older downtowns and business districts throughout the State. The preservation and restoration of New York's vast historical and architecturally significant buildings can and must continue to be used as building blocks for community growth and prosperity. This fund would foster that important goal.
Legislative history
S 2955 of 2008 Reported and Committed to Rules
Fiscal implications
None to New York State
Effective date
January 1, 2010
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.