What's happening
This bill allows the Niagara Frontier Transportation Authority to apply for funds from the western New York economic development fund.
Why it matters
Expanding eligibility to the Niagara Frontier Transportation Authority (NFTA) means transportation infrastructure projects could now directly compete for, and potentially receive, regional economic development funds. , which could lead to new investments in public transit, airport, and related facilities in Western New York.
Shifting some economic development funds to transportation projects might impact how much support is available for private businesses and nonprofits. , potentially changing the balance of economic development priorities in the region.
Allowing public benefit corporations like the NFTA to apply recognizes the role of transportation in economic growth and job creation. , signaling a policy shift that sees investments in transit and infrastructure as central to Western New York’s economic future.
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Who cares
Headline styles
Let NFTA Apply for Funds
Plain English, a few words. Used as the page title.
Sponsors
Senator · Senate District 62
No co-sponsors yet.
History
- Referred to energy and telecommunications
- 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.
Let NFTA Apply for Funds
In Assembly Committee · Economic Development · Sponsor Sean Ryan
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
5452
2017-2018 Regular Sessions
IN SENATE
March 29, 2017
Introduced by Sen. ORTT -- read twice and ordered printed, and when printed to be committed to the Committee on Energy and Telecommunications
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
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Subdivision 4 of section 189-a of the economic development law, as added by section 2 of part GG of chapter 58 of the laws of 2012, is amended to read as follows:
4. "Eligible applicant" means a private business, including a not-forprofit corporation. Public benefit corporations created to manage, control and direct the maintenance and operation of transportation facilities, equipment, real property or infrastructure, such as the Niagara Frontier transportation authority created under section twelve hundred ninety-nine-c of the public authorities law, shall be an eligible applicant.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD04612-01-7
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
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
S. 5764 of 2015 and 2016; referred to Energy and Telecommunications.
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.