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S5764Senate2015-2016 SessionSame asA7907

Relates to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund

Sponsor Robert OrttSD-62+2 co-sponsorsAffects Finance
Status
In Senate Committee
Finance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Finance

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Who cares

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Sponsors

Primary sponsor
Robert Ortt

Senator · Senate District 62

Chair, Mental Health And Developmental Disabilities

History

  1. Reported and committed to finance
  2. Referred to energy and telecommunications
  3. Referred to energy and telecommunications

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.

A7907Assembly

Relates to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund

In Assembly Committee · Economic Development · Sponsor Sean Ryan

Full text

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

Sponsor's memo

BILL NUMBER:S5764

Title of bill

An act to amend the economic development law, in relation to adding the Niagara Frontier transportation authority as an eligible applicant for the western New York economic development fund

Purpose or general idea of the bill

To allow for the Niagara Frontier transportation Authority to become an eligible applicant for funds from the Western New York Economic Development Fund, through the Western New York Power Proceeds Allocation Board.

Summary of specific provisions

Section 1: Adds Public Benefit Corporations, such as the Niagara Frontier Transportation Authority, to the list of "eligible applicants" that can apply for funding from the Western New York Economic Development Fund.

Section 2: States effective date

Justification

The Niagara Frontier Transportation Authority (NFTA) provides a variety of public transportation services to the Buffalo-Niagara region. These services ensure the proper transportations means necessary for employees, customers, and visitors to get to and from the businesses throughout the region. The NFTA fits well within the overall goals of the Western New York Economic Development Fund. One of the NFTA's current projects involves building a compressed natural gas (CNG) filling station, as well as replacing current outdated buses with CNG buses that are more energy efficient, sustainable, and environmental friendly. By enabling the NFTA to become an eligible applicant, additional projects will become possible that will continue to create additional jobs, enhance reliance on sustainable and renewable energy, improve the transportation networks and infrastructure throughout the region, and increase the services that the NFTA can provide to the region and its riders.

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.