Authorizes the county of Ontario to apply to the federal government to establish, operate and maintain foreign trade zones within such county.
TITLE OF BILL: An act to amend the county law, in relation to allowing Ontario county to participate in the Foreign Trade Zone program
PURPOSE OR GENERAL IDEA OF BILL: Authorizes the county of Ontario to apply to the federal government to establish, operate and maintain a foreign trade zone or zones and foreign trade sub-zone or sub-zones within such county, and adjacent counties of Livingston, Wayne, Seneca, Yates, and Steuben.
SUMMARY OF SPECIFIC PROVISIONS: Section 1. Amends Section 224 of the County Law by adding a new subdivision 28 to allow for the County of Ontario, through its Ontario Economic Development Corporation, to make application to the Foreign Trade Zones Board established by Congress.
Section 2. Contains the effective date.
JUSTIFICATION: Numerous companies within Ontario County expressed interest in having access to Foreign Trade Zone (FTZ) benefits. The Ontario County Economic Development Corporation (OCEDC) recognized the need for FTZ status in Ontario County by passing a resolution to apply for FTZ grantee status under an Alternative Site Framework (ASF) on August 21, 2012.
The Counties of Wayne, Yates, Seneca, Steuben and Livingston have expressed a desire to join OCEDC's application for FTZ grantee status.
The Ontario County Board of Supervisors supports OCEDC' s application for FTZ grantee status and passed resolution NO. 868-2012 on December 21, 2012 requesting that this enabling legislation be adopted.
The establishment of a new Zone under ASF will help the region serve the trade-related needs of businesses by providing the proposed Grantee with the efficiency and flexibility in serving prospective users at the speed of business. It will bring job opportunities to the area, encourage the development of other businesses and further expand the area's logistics status. By creating a more business friendly environment, the retention, expansion and relocation of businesses will naturally occur. The resulting economic impact will yield two positive results: added household earnings and an additional tax base for the funding of public project expansion and modernization.
PRIOR LEGISLATIVE HISTORY: This is a new bill.
FISCAL IMPLICATIONS: None.
EFFECTIVE DATE: This act shall take effect immediately.
STATE OF NEW YORK ________________________________________________________________________ 3636 2013-2014 Regular Sessions IN SENATE February 7, 2013 ___________Introduced by Sen. NOZZOLIO -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the county law, in relation to allowing Ontario county to participate in the Foreign Trade Zone program THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 224 of the county law is amended by adding a new subdivision 28 to read as follows: 28. THE COUNTY OF ONTARIO, THROUGH ITS ONTARIO ECONOMIC DEVELOPMENT CORPORATION MAY MAKE APPLICATION TO THE FOREIGN TRADE ZONES BOARD ESTAB- LISHED BY THE ACT OF CONGRESS, APPROVED JUNE EIGHTEENTH, NINETEEN HUNDRED THIRTY-FOUR, ENTITLED "AN ACT TO PROVIDE FOR THE ESTABLISHMENT, OPERATION AND MAINTENANCE OF FOREIGN TRADE ZONES IN PORTS OF ENTRY OF THE UNITED STATES, TO EXPEDITE AND ENCOURAGE FOREIGN COMMERCE, AND FOR OTHER PURPOSES," FOR A GRANT TO ONTARIO COUNTY ECONOMIC DEVELOPMENT CORPORATION OF THE PRIVILEGE TO HAVE ESTABLISHED, OPERATED AND MAIN- TAINED A FOREIGN TRADE ZONE OR ZONES AND FOREIGN TRADE SUB-ZONE OR SUB- ZONES WITHIN SUCH COUNTY, AND ADJACENT COUNTIES OF LIVINGSTON, WAYNE, SENECA, YATES AND STEUBEN PURSUANT TO THE PROVISIONS OF SUCH ACT, AND IF SUCH APPLICATION BE GRANTED, TO HAVE ESTABLISHED, OPERATED AND MAIN- TAINED SUCH ZONE OR SUB-ZONE IN ACCORDANCE WITH LAW. THE ONTARIO ECONOM- IC DEVELOPMENT CORPORATION MAY ENTER INTO SUCH CONTRACTS AND MAY APPRO- PRIATE SUCH SUMS OF MONEY AS IT MAY DEEM PROPER, SUBJECT TO THE PROVISIONS OF THIS ARTICLE, TOWARDS THE PROMOTION AND ESTABLISHMENT OF SUCH ZONES. S 2. This act shall take effect immediately.EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08249-01-3