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S7694Senate2011-2012 SessionSame asA10724

Authorizes the New York state thruway authority to convey certain land located in the village of Canastota, county of Madison

Sponsor John A. DeFranciscoSD-50Affects Economy
Status
In Assembly Committee
Corporations, Authorities And Commissions
Impact
Pending
Passage
Pending

Bill progress

Step 5 of 7

In Assembly · Corporations, Authorities And Commissions

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Who cares

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Sponsors

Primary sponsor
John A. DeFrancisco

Senator · Senate District 50

Chair, Finance

No co-sponsors yet.

History

  1. Referred to corporations, authorities and commissions
  2. Delivered to assembly
  3. Passed senateVote 59–0
  4. Ordered to third reading cal.1335
  5. Referred to rules

Companion bill

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S7694

Title of bill

An act to authorize the New York state thruway authority to convey certain land located in the village of Canastota, county of Madison

Purpose

To authorize the conveyance of public land from the NYS Thruway Authority.

Summary of provisions

Section 1 Declares Purpose Section 2 Authorizes conveyance Section 3 Stipulates restrictions of use Section 4 Provides legal description of property to be conveyed Section 5 stipulates the Madison County IDA as Grantee Section 6 Provides reversionary clause Section 7 Effective date

Justification

The conveyance will enable the Madison County IDA to acquire and manage this property to be utilized by the Boxing Hall of Fame Museum. The property will be utilized to facilitate the expansion of the Museum as well as enable increased marketing opportunity by enabling more prominent signage. This will result in both a greater public benefit as well as increased tourism revenues for New York State.

Legislative history

New bill.

Fiscal implications

None.

Effective date

Immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.