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NY S03546
Bill
Status
12/13/2024
Primary Sponsor
Timothy Kennedy
Click for details
AI Summary
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Authorizes the New York State Urban Development Corporation to provide loans, loan guarantees, interest subsidies, and grants to attract, maintain, or expand food retail establishments in underserved areas.
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Defines "underserved areas" as low or moderate-income census tracts, areas with below-average supermarket density, or areas with significant access limitations due to travel distance.
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Requires eligible food retail establishments to participate in the New York Grown and Certified program, accept SNAP and WIC benefits, charge no membership fees, and hire residents within a twenty-mile radius.
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Mandates the Urban Development Corporation establish performance indicators to assess funded projects and publish tracking information on its website.
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Takes effect April 1 following enactment, with the Corporation authorized to begin implementation immediately upon passage.
Legislative Description
Enacts the "food retail establishment subsidization for healthy communities act" (FRESH Communities); provides loans, loan guarantees, interest subsidies and grants to businesses, municipalities, not-for-profit corporations or local development corporations for the purpose of attracting, maintaining or permitting the expansion of food retail establishments in underserved areas.
Last Action
VETOED MEMO.98
12/13/2024