Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 04, 2012 |
referred to corporations, authorities and commissions |
Jun 24, 2011 |
committed to rules |
Mar 07, 2011 |
advanced to third reading |
Mar 03, 2011 |
2nd report cal. |
Mar 02, 2011 |
1st report cal.149 |
Feb 02, 2011 |
referred to corporations, authorities and commissions |
Senate Bill S2868
2011-2012 Legislative Session
Sponsored By
(R, C) 53rd Senate District
Archive: Last Bill Status - In Senate Committee Corporations, Authorities And Commissions Committee
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2011-S2868 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A6701
- Current Committee:
- Senate Corporations, Authorities And Commissions
- Law Section:
- Public Authorities Law
- Laws Affected:
- Amd §2897, Pub Auth L
- Versions Introduced in Other Legislative Sessions:
-
2009-2010:
S1626, A7034
2013-2014: S1970, A1803
2015-2016: S3883, A3659
2011-S2868 (ACTIVE) - Sponsor Memo
BILL NUMBER:S2868 TITLE OF BILL: An act to amend the public authorities law, in relation to permitting the New York state canal corporation to make certain sales and leases of canal lands and personal property to governmental entities for less than fair market value PURPOSE: To permit NYS Canal Corporation to sell lands to governmental entities at a below market value price. SUMMARY OF PROVISIONS: Section 2897 of the public authorities law is amended by adding a new subdivision 8. JUSTIFICATION: By allowing the New York State Canal Corporation to make certain sales and leases of canal lands to governmental entities for less than fair market value, the public interest will be. served through lands proposed to be used for public parks or other public purposes. LEGISLATIVE HISTORY: 2009-2010: S.1626 Corporation Committee/A.7034 Corporations Committee
2011-S2868 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 2868 2011-2012 Regular Sessions I N S E N A T E February 2, 2011 ___________ Introduced by Sen. GRIFFO -- read twice and ordered printed, and when printed to be committed to the Committee on Corporations, Authorities and Commissions AN ACT to amend the public authorities law, in relation to permitting the New York state canal corporation to make certain sales and leases of canal lands and personal property to governmental entities for less than fair market value THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2897 of the public authorities law is amended by adding a new subdivision 8 to read as follows: 8. A. NOTWITHSTANDING ANY OTHER PROVISION OF THIS SECTION OR ANY OTHER LAW, RULE OR REGULATION TO THE CONTRARY, THE NEW YORK STATE CANAL CORPO- RATION MAY NEGOTIATE, SELL AND ENTER INTO LEASES OF CANAL LANDS AND SELL OR LEASE PERSONAL PROPERTY TO AND WITH FEDERAL AGENCIES, STATE AGENCIES, PUBLIC BENEFIT CORPORATIONS, MUNICIPALITIES OR ANY OTHER POLITICAL SUBDIVISIONS OF THE STATE FOR LESS THAN FAIR MARKET VALUE WHEN SUCH CORPORATION DETERMINES THAT SUCH SALE OR LEASE IS IN THE PUBLIC INTER- EST. B. IN DETERMINING WHETHER SUCH SALE OR LEASE OF CANAL LANDS OR PERSONAL PROPERTY IS IN THE PUBLIC INTEREST, THE NEW YORK STATE CANAL CORPORATION SHALL CONSIDER WHETHER THE SALE OR LEASE WILL IMPROVE PUBLIC ACCESS TO CANAL LANDS AND THE WATERS OF THE CANAL SYSTEM OR OTHER PUBLIC LANDS. C. THERE SHALL BE NO REQUIREMENT FOR AN APPRAISAL OF SUCH CANAL LANDS OR PERSONAL PROPERTY FOR A SALE OR LEASE. D. THE TERM FOR SUCH LEASES SHALL NOT EXCEED FORTY YEARS AND ANY RENEWAL THEREOF SHALL NOT EXCEED AN ADDITIONAL FORTY YEARS. E. SUCH SALES OR LEASES SHALL NOT BE SUBJECT TO ANY PUBLIC ADVERTISING REQUIREMENTS. S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD07014-01-1
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