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Who cares
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Sponsors
Senator · Senate District 61
No co-sponsors yet.
History
- Referred to local government
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 the termination of a development agency
In Assembly Committee · Local Governments · Sponsor Jane Corwin
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S6953
Title of bill
An act to amend the general municipal law, in relation to termination of a development agency
Purpose or general idea of bill
The proposed legislation would modify existing law to give better control of an industrial development agency to the municipality for which the agency was created to benefit. It will also allow agencies to enter into contracts that benefit the municipality only, without regard for the need to generate deals to keep the agency in existence.
Summary of specific provisions
Section 1 - amends Section 882 of the General Municipal Law by adding: and all straight-lease transactions have been terminated, and upon resolution by the municipality for whose benefit the agency was formed.
Prior legislative history
New bill.
Fiscal implications
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.