Actions

Meetings

Corporations, Authorities and Commissions: May 25, 2011

Calendars

Active List: Jun 6, 2011 , Floor Calendar: Jun 1, 2011 , Floor Calendar: Jun 2, 2011 , Floor Calendar: Jun 6, 2011

Votes

Memo

BILL NUMBER:S5225

TITLE OF BILL: An act to amend the public authorities law, in relation to expanding the Ogdensburg foreign trade zone

PURPOSE: To include all of St. Lawrence County within the Service Area of Foreign Trade Zone (FTZ) No. 118. By expanding the foreign trade zone, we are promoting St. Lawrence county businesses competitiveness by encouraging more companies to locate their US plants here. By being located in an FTZ, it levels the playing field and offsets customs advantages available to overseas producers who compete with our domestic industries. These businesses could then avoid tariffs and duties on raw materials and increase their exports of locally manufactured commodities.

SUMMARY: Section 1 amends chapter 759 of the laws of 1971 to operate and maintain a foreign trade zone on premises owned by such authority within the county of St. Lawrence.

Section 2 states that this act shall take effect immediately

JUSTIFICATION: This statutory designation would then allow the Ogdensburg Bridge and Port Authority to apply federally for the Foreign-Trade Zones Boards authority to serve sites located within the entire county.

LEGISLATIVE HISTORY: S7870 of 2010 - Passed Senate

FISCAL IMPLICATION: None to the State.

EFFECTIVE DATE: This act shall take effect immediately.

Text

STATE OF NEW YORK
________________________________________________________________________

5225

2011-2012 Regular Sessions

IN SENATE

May 3, 2011
___________

Introduced  by  Sen. RITCHIE -- 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 expanding the
  Ogdensburg foreign trade zone

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

  Section 1. Subdivision 23 of section 1379 of  the  public  authorities
law,  as added by chapter 759 of the laws of 1971, is amended to read as
follows:
  (23) Make application to the Foreign-Trade Zones Board established  by
the  act of Congress, approved June eighteenth, nineteen hundred thirty-
four, entitled "an act to provide for the [establisment]  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  such authority of the privilege of
establishing, operating and maintaining a foreign trade zone on premises
owned by such authority within [such city] THE COUNTY OF  ST.  LAWRENCE,
pursuant  to  the  provisions  of  such  act, and if such application be
granted, to accept such grant and to  establish,  operate  and  maintain
such zone in accordance with law.
  S 2. This act shall take effect immediately.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD08228-01-1