New York S 275: Relates to designating blighted property and blighted areas; provides definition of blighted property and blighted areas; amends definition of substandard or insanitary area

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S00275 Summary:

BILL NOS00275 

&nbsp

SAME ASSAME AS A10063

&nbsp

SPONSORMARTINEZ

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COSPNSR

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MLTSPNSR

&nbsp

Amd §14-l, Transp L

&nbsp

Grants the commissioner of transportation the authority to increase grant awards for airport improvement and revitalization when the total funds available for assistance support higher maximum grants.

Go to top S00275 Actions:

BILL NOS00275 

&nbsp

01/08/2025REFERRED TO TRANSPORTATION

01/07/2026REFERRED TO TRANSPORTATION

Go to topS00275 Committee&nbspVotes:

Go to topS00275 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS00275 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 275

 2025-2026 Regular Sessions

 IN SENATE

 (Prefiled)

 January 8, 2025
 ___________

 Introduced by Sen. MARTINEZ -- read twice and ordered printed, and when
 printed to be committed to the Committee on Transportation

 AN ACT to amend the transportation law, in relation to maximum grant
 awards for airport improvement and revitalization

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Paragraph (f) of subdivision 2 of section 14-l of the
 2 transportation law, as amended by section 1 of part XX of chapter 59 of
 3 the laws of 2021, is amended to read as follows:
 4 (f) No grant or loan to any eligible applicant shall exceed the sum of
 5 two million five hundred thousand dollars, and no part of any such grant
 6 or loan shall be used for salaries or for services regularly provided by
 7 the applicant for administrative costs in connection with such grant or
 8 loan. Notwithstanding the foregoing, the maximum grant award may be
 9 higher than the sum of two million five hundred thousand dollars when
 10 the commissioner, in their discretion, determines that the total funds
 11 available for assistance pursuant to this section supports a higher
 12 maximum grant, not to exceed five million dollars.
 13 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD00876-01-5

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