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Who cares
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Sponsors
1 Co-sponsor
History
- Substituted by A3724
- Advanced to third reading
- 2nd report cal.
- 1st report cal.869
- Referred to corporations, authorities and commissions
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.
Relates to expanding the Ogdensburg foreign trade zone
Signed by Governor · Sponsor Addie Jenne
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S5225
Title of bill
An act to amend the public authorities law, in relation to expanding the Ogdensburg foreign trade zone
Purpose
To include all of St. Lawrence County within the Service Area of Foreign Trade Zone (FTZ) No. 118. By expanding the foreign trade zone, we are promoting St. Lawrence county businesses competitiveness by encouraging more companies to locate their US plants here. By being located in an FTZ, it levels the playing field and offsets customs advantages available to overseas producers who compete with our domestic industries. These businesses could then avoid tariffs and duties on raw materials and increase their exports of locally manufactured commodities.
Summary
Section 1 amends chapter 759 of the laws of 1971 to operate and maintain a foreign trade zone on premises owned by such authority within the county of St. Lawrence.
Section 2 states that this act shall take effect immediately
Justification
This statutory designation would then allow the Ogdensburg Bridge and Port Authority to apply federally for the Foreign-Trade Zones Boards authority to serve sites located within the entire county.
Legislative history
S7870 of 2010 - Passed Senate
Fiscal implication
None to the State.
Effective date
This act shall take effect immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.