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Sponsors
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History
- Print number 7935a
- Amend and recommit to rules
- Referred to rules
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7935A
Title of bill
An act to amend the economic development law, in relation to eligible projects
Purpose
This bill expands coverage for the Western New York Power Proceeds law, to all of Erie County.
Summary of specific provisions
Section 1 adds the entirety of the County of Erie to the geographic regions from which eligible projects could be considered.
Justification
The Power Proceeds law has been successful in providing a boon for eligible projects located within the current 30 mile radius. However, this radius currently excludes a portion of Erie County that have important projects that would qualify if only located a few short miles from their current location.
By expanding this law to include all of Erie County these projects would be able to be eligible for the same benefits that projects located within the 30 mile radius currently are, therefore benefiting all the taxpayers and communities within Erie County.
Prior legislative history
New Bill.
Fiscal implications
None.
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.