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NY S03865

Bill

Official Source

Status

Engrossed

6/7/2017

Primary Sponsor

Kathleen Marchione

Click for details

Origin

Senate

2017-2018 General Assembly

AI Summary

  • Authorizes counties, cities, towns, and villages to enter into contracts leasing naming rights for municipally-owned property.

  • Requires the chief executive officer to negotiate contracts subject to majority approval by the municipal legislative body.

  • Limits naming rights leases to terms between one and five years in duration.

  • Mandates a public hearing with at least 30 days' notice before contract ratification, with the hearing held no more than 90 days prior to ratification.

  • Permits municipalities to use proceeds from naming rights leases for any lawful municipal purpose.

Legislative Description

Allows municipalities to lease naming rights of government-owned property.

Last Action

COMMITTED TO RULES

6/20/2018

Committee Referrals

Rules6/20/2018
Local Government1/3/2018
Local Governments6/7/2017
Local Government1/27/2017

Full Bill Text

No bill text available