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NY A08457

Bill

Official Source

Status

Passed

7/31/2018

Primary Sponsor

William Magee

Click for details

Origin

Assembly

2017-2018 General Assembly

AI Summary

  • Amends chapter 254 of the laws of 2013 to modify conditions for New York State Thruway Authority conveyance of land in Canastota, Madison County
  • Extends the development deadline for the International Boxing Hall of Fame from 5 years to 10 years from the effective date of the original 2013 act
  • Requires that conveyed lands be used exclusively by the International Boxing Hall of Fame for developing, expanding, and operating a boxing hall of fame and museum
  • Provides that title to the lands and any improvements revert to the State of New York under Thruway Authority jurisdiction if the lands cease to be used for the specified purposes or remain undeveloped after the 10-year deadline
  • Takes effect immediately upon enactment

Legislative Description

Provides that in the event that certain lands cease to be used exclusively by the International Boxing Hall of Fame for the purposes of developing, expanding and operating a boxing hall of fame and museum and are not developed by July 31, 2023, title to such lands and any improvements thereon shall revert to the state of New York.

Last Action

signed chap.129

7/31/2018

Committee Referrals

Local Government5/2/2018
Corporations, Authorities and Commissions6/16/2017

Full Bill Text

No bill text available