What's happening
This bill requires the Empire State Development Corporation to study and report on the economic impact of Brooklyn's West Indian Carnival.
Why it matters
Shines a spotlight on the economic significance of the West Indian Carnival. , potentially highlighting its role in supporting local businesses, jobs, and tax revenue in Brooklyn.
Distinguishes between spending by residents and out-of-town visitors,. which could influence future tourism strategies and justify public investment or support for the event.
Requires analysis of both direct and indirect economic impacts,. such as spending on hotels, restaurants, and the number of jobs/businesses supported, which could inform broader economic development plans.
Mandates recommendations for enhancing the Carnival’s economic impact,. possibly paving the way for policy changes or new initiatives that could benefit both the event and the surrounding community.
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Who cares
Headline styles
Study Labor Day Parade Impact
Plain English, a few words. Used as the page title.
Sponsors
No co-sponsors yet.
History
- Referred to commerce, economic development and small business
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
STATE OF NEW YORK
7970
IN SENATE
March 5, 2020
Introduced by Sen. PARKER -- read twice and ordered printed, and when printed to be committed to the Committee on Commerce, Economic Development and Small Business
AN ACT requiring the empire state development corporation to conduct a study on the economic impact of the Labor Day Parade (West Indian Carnival)
The People of the State of New York, represented in Senate and Assembly, do enact as follows:
Section 1. Report on economic impact of the Labor Day Parade (West Indian Carnival). 1. The empire state development corporation shall prepare a summary report on the economic impact of the Labor Day Parade (West Indian Carnival) held in the borough of Brooklyn. Such report shall include, but not be limited to, the following:
a. the number of participants in such parade, including a breakdown of resident and non-resident participants;
b. an estimate of money spent by participants in the parade including but not limited to expenditures on hotels and motels and restaurants; and
c. an estimate of the number of jobs and/or businesses that are supported by participants as well as the amount of sales tax and income tax generated by such participants.
2. The results of the report required by this act shall be submitted to the governor and to the legislature no later than January 1, 2022, along with any legislative recommendations of the empire state development corporation to further enhance the economic impact of Labor Day Parade (West Indian Carnival).
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD15628-01-0
Reflowed for reading: line numbers and page breaks removed. Cite the official text.
Sponsor's memo
Title of bill
An act requiring the empire state development corporation to conduct a study on the economic impact of the Labor Day Parade (West Indian Carni- val)
Purpose
To conduct a study on the economic impact of the West Indian Carnival.
Summary of provision
The proposed legislation would require that Empire State Development to conduct a study of the economic impact of the West Indian Carnival. The study would provide information such as, the number of participants in the parade; an estimate of money spent by participants in the parade; an estimate of the number of jobs and/or businesses that are supported by participants as well as the amount of sales tax and income tax generated by such participants. The report of the study shall be submitted to the Governor and the legislature.
Justification
The West Indian Carnival is a culturally significant event that is traditionally held each year on September 7th in Brooklyn, NY. Each year, the West Indian Carnival brings residents from all five boroughs, as well as residents from outside New York City, to celebrate West Indi- an Culture. The event also brings additional economic opportunity for businesses and street vendors; however, the economic impact of this annual event has gone unstudied. The proposed legislation will provided an official study of the economic impact of this yearly event, and will therefore allow the State to enhance and harness the economic value of the West Indian Carnival.
Legislative history
New Bill.
Fiscal implications
Undetermined.
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.