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NY A09968
Bill
Status
6/4/2014
Primary Sponsor
William Magnarelli
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AI Summary
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Repeals Title 12 of Article 15-B of the General Municipal Law relating to urban renewal agencies and Title 17-A relating to industrial development agencies
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Dissolves 32 specific urban renewal and industrial development agencies across New York State municipalities, including agencies in Tarrytown, Haverstraw, Johnson City, Oneonta, and numerous others
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Transfers all records, property, rights, titles, and interests of each dissolved agency to the corresponding municipality or county for which the agency was created
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Takes effect 60 days after becoming law
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Includes separability clause ensuring that if any provision is found invalid, the remainder of the act remains in effect
Legislative Description
Repeals certain provisions of law relating to urban renewal agencies and industrial development agencies and transfers remaining rights to the municipality for whose purpose the agency was created.
Last Action
substituted by s5160b
6/17/2014