S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                   532

                       2013-2014 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 9, 2013
                               ___________

Introduced  by M. of A. PRETLOW -- read once and referred to the Commit-
  tee on Local Governments

AN ACT to amend the general municipal law, in  relation  to  authorizing
  industrial  development  agencies  to  provide assistance to qualified
  residential facilities

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1. Subdivision 4 of section 854 of the general municipal law,
as amended by chapter 478 of the laws of 2011, is  amended  to  read  as
follows:
  (4)  "Project"  -  shall mean any land, any building or other improve-
ment, and all real and personal properties located within the  state  of
New York and within or outside or partially within and partially outside
the  municipality  for  whose benefit the agency was created, including,
but not limited to, machinery, equipment  and  other  facilities  deemed
necessary  or  desirable in connection therewith, or incidental thereto,
whether or not now in existence or under construction,  which  shall  be
suitable  for manufacturing, warehousing, research, commercial or indus-
trial purposes or  other  economically  sound  purposes  identified  and
called  for  to implement a state designated urban cultural park manage-
ment plan as provided in title G of the parks, recreation  and  historic
preservation  law  and which may include or mean an industrial pollution
control facility, a recreation facility, educational or cultural facili-
ty, a horse racing facility, a railroad  facility  [or],  an  automobile
racing facility, OR A QUALIFIED RESIDENTIAL FACILITY, provided, however,
no  agency  shall  use  its  funds  in  respect of any project wholly or
partially outside the municipality for  whose  benefit  the  agency  was
created  without  the  prior  consent  thereto  by the governing body or
bodies of all the other municipalities in which a part or parts  of  the
project is, or is to be, located.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

                                                           LBD00923-01-3

A. 532                              2

  S  2.  Section 854 of the general municipal law is amended by adding a
new subdivision 21 to read as follows:
  (21)  "QUALIFIED  RESIDENTIAL  FACILITY" - SHALL MEAN ANY MULTI-FAMILY
RESIDENTIAL FACILITY WITH UNITS THAT ARE FOR SALE, IN  ANY  MUNICIPALITY
LOCATED  WITHIN  THE  COUNTY  OF WESTCHESTER, AND WHICH IS LOCATED IN AN
URBAN RENEWAL AREA DESIGNATED UNDER ARTICLE FIFTEEN OF THIS CHAPTER OR A
HIGHLY DISTRESSED AREA, TOGETHER WITH BUILDINGS, STRUCTURES,  MACHINERY,
EQUIPMENT, FACILITIES AND APPURTENANCES THERETO DEEMED NECESSARY, USEFUL
OR  DESIRABLE  IN CONNECTION THEREWITH, OR INCIDENTAL THERETO, BUT SHALL
NOT INCLUDE A CONTINUING CARE RETIREMENT COMMUNITY.
  S 3. This act shall take effect immediately.