Bill Text: NY A10492 | 2011-2012 | General Assembly | Introduced
Bill Title: Enacts the "whole communities recovery act of 2012"; establishes the New York state emergency assistance relief revolving loan program and a fund therefor; establishes the New York state emergency housing assistance grant program within the division of homeland security and emergency services; establishes the New York state business assistance reconstruction and employee retention program and a fund therefor; establishes the New York state business assistance reconstruction and employee retention grant program; establishes the New York state production agricultural assistance reconstruction loan program and a fund therefor; establishes the New York state production agricultural assistance grant program; directs the dormitory authority to establish the New York state municipal and school district stop gap program and a fund therefor, and to establish the New York state municipal and school district stop gap grant program; establishes the New York state tax assistance revolving loan fund program; requires reassessment of real property damaged by a natural disaster within 30 days thereafter; establishes business franchise and personal income tax credits for additional real property taxes paid after the value of the real property is diminished as the result of a natural disaster; provides for municipal workers' compensation coverage of members of community emergency response teams; provides for the suspension of executive orders, rules, regulations, public works restrictions and separate specifications for public contracts in counties affected by a declared natural disaster; and establishes a disaster property tax recovery grant program.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2012-05-29 - referred to housing [A10492 Detail]
Download: New_York-2011-A10492-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 10492 I N A S S E M B L Y May 29, 2012 ___________ Introduced by M. of A. P. LOPEZ -- read once and referred to the Commit- tee on Housing AN ACT to enact the "whole communities recovery act of 2012"; to amend the private housing finance law, in relation to establishing the New York state emergency housing assistance revolving loan program and the New York state emergency housing assistance revolving loan fund; to amend the executive law, in relation to establishing the New York State emergency housing assistance grant program within the division of homeland security and emergency services (Part A); to amend the New York state urban development corporation act, in relation to estab- lishing the New York state business assistance reconstruction and employee retention program and the New York state business assistance reconstruction and employee retention revolving loan fund; to amend the economic development law, in relation to establishing the New York state business assistance reconstruction and employee retention grant program (Part B); to amend the New York state urban development corpo- ration act, in relation to establishing the New York state production agricultural assistance reconstruction loan program and the New York state production agricultural assistance reconstruction revolving loan fund; to amend the agriculture and markets law, in relation to estab- lishing the New York state production agricultural assistance grant program (Part C); to amend the public authorities law, in relation to directing the dormitory authority to establish the New York state municipal and school district stop gap program, the New York state municipal and school district stop gap revolving loan fund and the New York state municipal and school district stop gap grant program (Part D); to amend the private housing finance law, in relation to estab- lishing the New York state tax assistance revolving loan fund program (Part E); to amend the real property tax law, in relation to requiring the reassessment of real property damaged or destroyed as the result of a natural disaster; to amend the tax law, in relation to establish- ing business franchise and personal income tax credits for additional real property taxes paid after the value of the property is diminished as the result of a natural disaster (Part F); to amend the workers' compensation law and the general municipal law, in relation to munici- pal insurance coverage of members of community emergency response teams (Part G); to amend the executive law, in relation to suspension EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13857-04-2 A. 10492 2 of executive orders, rules and regulations after a natural disaster; to amend the labor law, in relation to suspension of public work restrictions after a natural disaster; to amend the state finance law and the general municipal law, in relation to suspension of separate specifications for public work after a natural disaster (Part H); and to amend the real property tax law, in relation to establishing a disaster property tax recovery grant program (Part I) THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Short title. This act shall be known and may be cited as 2 the "whole communities recovery act of 2012". 3 S 2. Legislative intent. The legislature hereby recognizes the 4 profound and often long-term impacts that natural disasters have on the 5 health and well being of the citizens of this state, and that the histo- 6 ry of state involvement has clearly demonstrated the ability of our 7 communities to recover from natural disasters is heavily reliant on the 8 availability of resources outside the impacted communities to assist 9 businesses, farms, local governments, school districts, residents and 10 others in rebuilding their lives and property to ensure their stability 11 and future growth. 12 While the state has proven itself able to provide strong initial 13 response in the wake of natural disasters, its ability to help communi- 14 ties through the fragile process of disaster recovery has been limited 15 and subject to ad hoc decision-making, further complicated by limited 16 ability to reprogram state and federal moneys to effectively meet 17 infrastructure, housing and economic development demands associated with 18 a full and prompt recovery of the affected areas of the state. 19 This act is intended to provide a consistent and predictable framework 20 for helping New Yorkers rebuild in the aftermath of future disasters. 21 S 3. This act enacts into law major components of legislation neces- 22 sary for providing assistance to homeowners, businesses, farmers, muni- 23 cipalities, school districts and community emergency response teams for 24 expenses incurred as the result of a disaster declared by the governor. 25 Each component is wholly contained within a Part identified as Parts A 26 through I. The effective date for each particular provision contained 27 within such Part is set forth is the last section of such Part. Any 28 provision in any section contained within a Part, including the effec- 29 tive date of the Part, which makes a reference to a section "of this 30 act", when used in connection with that particular component, shall be 31 deemed to mean and refer to the corresponding section of the Part in 32 which it is found. Section five of this act sets forth the general 33 effective date of this act. 34 PART A 35 Section 1. The private housing finance law is amended by adding two 36 new sections 47-f and 59-j to read as follows: 37 S 47-F. NEW YORK STATE EMERGENCY HOUSING ASSISTANCE REVOLVING LOAN 38 PROGRAM. 1. THE AGENCY SHALL ESTABLISH, ADMINISTER AND OPERATE A NEW 39 YORK STATE EMERGENCY HOUSING ASSISTANCE REVOLVING LOAN PROGRAM. SUCH 40 PROGRAM SHALL PROVIDE FOR THE ISSUANCE OF INTEREST FREE LOANS TO HOME- 41 OWNERS FOR REHABILITATING THEIR PRIMARY RESIDENCES WHICH WERE DAMAGED OR 42 DESTROYED AS THE RESULT OF A DISASTER DECLARED BY THE GOVERNOR IN THE A. 10492 3 1 COUNTY IN WHICH THE RESIDENCE IS LOCATED. THE PROCEEDS OF SUCH LOANS MAY 2 BE USED TO REFINANCE ANY DEBT AGAINST THE REAL PROPERTY CONSTITUTING THE 3 PRIMARY RESIDENCE OF THE HOMEOWNER WHEN SUCH DEBT IS SECURED BY A LIEN 4 OR MORTGAGE AGAINST THE PROPERTY. LOANS SHALL BE PROVIDED TO APPLICANTS 5 AS FOLLOWS: 6 (A) TIER 1 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 7 TO EXCEED FORTY THOUSAND DOLLARS FOR THE REPAIR OR REPLACEMENT OF CLOTH- 8 ING, FURNITURE, AUTOMOBILES AND/OR APPLIANCES DAMAGED OR DESTROYED UPON 9 THE PREMISES OF THE APPLICANT'S PRIMARY RESIDENCE DURING THE COURSE OF 10 THE DECLARED DISASTER; AND IN AN AMOUNT NOT TO EXCEED TWO HUNDRED THOU- 11 SAND DOLLARS FOR THE REPAIR OF THE APPLICANT'S PRIMARY RESIDENCE TO THE 12 CONDITION IT WAS IN IMMEDIATELY PRIOR TO THE ONSET OF THE DECLARED 13 DISASTER. NO LOAN ISSUED PURSUANT TO THIS SUBDIVISION SHALL BE USED TO 14 UPGRADE OR EXPAND ANY PRIMARY RESIDENCE, UNLESS SUCH UPGRADE IS NECES- 15 SARY FOR COMPLIANCE WITH THE STATE OR MUNICIPAL BUILDING CODES; OR 16 (B) TIER 2 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 17 TO EXCEED FORTY THOUSAND DOLLARS FOR THE REPAIR OR REPLACEMENT OF CLOTH- 18 ING, FURNITURE, AUTOMOBILES AND/OR APPLIANCES DAMAGED OR DESTROYED UPON 19 THE PREMISES OF THE APPLICANT'S PRIMARY RESIDENCE DURING THE COURSE OF 20 THE DECLARED DISASTER; AND IN AN AMOUNT NOT TO EXCEED THREE HUNDRED 21 THOUSAND DOLLARS FOR THE REPAIR OR REPLACEMENT OF THE APPLICANT'S PRIMA- 22 RY RESIDENCE TO THE CONDITION IT WAS IN IMMEDIATELY PRIOR TO THE ONSET 23 OF THE DECLARED DISASTER, AND SHALL INCLUDE SUCH DISASTER MITIGATION 24 IMPROVEMENTS TO THE APPLICANT'S REAL PROPERTY AS SHALL BE DETERMINED BY 25 THE AGENCY TO BE NECESSARY TO ELIMINATE OR LESSEN THE EFFECTS OF FUTURE 26 SIMILAR DISASTERS; OR 27 (C) TIER 3 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 28 TO EXCEED FORTY THOUSAND DOLLARS FOR THE REPAIR OR REPLACEMENT OF CLOTH- 29 ING, FURNITURE, AUTOMOBILES AND/OR APPLIANCES DAMAGED OR DESTROYED UPON 30 THE PREMISES OF THE APPLICANTS' PRIMARY RESIDENCE DURING THE COURSE OF 31 THE DECLARED DISASTER; AND IN AN AMOUNT NOT TO EXCEED FOUR HUNDRED THOU- 32 SAND DOLLARS FOR RELOCATION AND CONSTRUCTION OF A PRIMARY RESIDENCE OF 33 THE SAME SIZE AND TYPE AS THE PRIMARY RESIDENCE DESTROYED BY THE 34 DECLARED DISASTER, AND LOCATED WITHIN THE SAME VILLAGE, TOWN OR CITY AS 35 THE DESTROYED RESIDENCE, BUT OUTSIDE OF ANY AREAS MOST PRONE TO REOCCUR- 36 RENCE OF DISASTER DAMAGE AS DETERMINED BY THE AGENCY, AND SUCH NEWLY 37 CONSTRUCTED PRIMARY RESIDENCE SHALL INCLUDE SUCH DISASTER MITIGATION 38 FEATURES AS SHALL BE DETERMINED BY THE AGENCY TO BE NECESSARY TO ELIMI- 39 NATE OR LESSEN THE EFFECTS OF FUTURE SIMILAR DISASTERS. 40 2. AS A CONDITION OF THE ISSUANCE OF ANY LOAN PURSUANT TO THIS 41 SECTION, THE AGENCY MAY REQUIRE THE INCLUSION IN ANY CONTRACT OR AGREE- 42 MENT OF ANY CONDITIONS AS IT MAY DEEM TO BE DESIRABLE AND/OR APPROPRIATE 43 AND DO ALL THINGS NECESSARY FOR THE EXECUTION OF ANY INSTRUMENT RELATING 44 TO OR DESIRABLE FOR THE PROVISION OF SUCH LOAN. FURTHERMORE, THE AGENCY 45 MAY IMPOSE UPON EACH APPLICANT ANY SUCH FEES AND CHARGES AS SHALL BE 46 NECESSARY FOR THE ISSUANCE OF NOTES AND BONDS BY THE AGENCY FOR THE 47 PURPOSE OF RAISING REVENUE FOR THE PURPOSE OF PROVIDING LOANS PURSUANT 48 TO THIS SECTION. 49 3. A HOMEOWNER SEEKING A LOAN PURSUANT TO THIS SECTION SHALL SUBMIT AN 50 APPLICATION TO THE AGENCY IN SUCH FORM AND WITH SUCH CONTENT AS THE 51 CHAIRMAN OF THE AGENCY SHALL DETERMINE. ANY APPLICATION MAY BE DENIED 52 UPON ANY SUCH GROUNDS AS THE AGENCY SHALL DETERMINE TO BE NECESSARY. 53 4. THE AGENCY, IN CONSULTATION WITH THE COMMISSIONER OF HOUSING AND 54 COMMUNITY RENEWAL, SHALL PROMULGATE ANY RULES AND REGULATIONS NECESSARY 55 TO IMPLEMENT THE PROVISIONS OF THIS SECTION. A. 10492 4 1 S 59-J. NEW YORK STATE EMERGENCY HOUSING ASSISTANCE REVOLVING LOAN 2 FUND. 1. THE AGENCY SHALL ESTABLISH A SPECIAL FUND TO BE KNOWN AS THE 3 "NEW YORK STATE EMERGENCY HOUSING ASSISTANCE REVOLVING LOAN FUND", AND 4 SHALL PAY INTO SUCH FUND ANY MONEYS WHICH SHALL BE MADE AVAILABLE TO THE 5 AGENCY FOR THE PURPOSES OF SUCH FUND FROM ANY SOURCE INCLUDING, BUT NOT 6 LIMITED TO, MONEYS APPROPRIATED BY AND MADE AVAILABLE PURSUANT TO APPRO- 7 PRIATION BY THE STATE AND ANY INCOME OR INTEREST EARNED BY OR INCREMENT 8 TO THE FUND DUE TO INVESTMENT THEREOF. 9 2. THE MONEYS HELD IN OR CREDITED TO THE NEW YORK STATE EMERGENCY 10 HOUSING ASSISTANCE REVOLVING LOAN FUND SHALL BE EXPENDED SOLELY TO 11 IMPLEMENT THE PROVISIONS OF SECTION FORTY-SEVEN-F OF THIS ARTICLE. 12 3. SUCH MONEYS SHALL BE PAYABLE AT THE DIRECTION OF THE CHAIRMAN OF 13 THE AGENCY, IN CONSULTATION WITH THE DIRECTOR OF THE BUDGET AND THE 14 COMMISSIONER OF HOUSING AND COMMUNITY RENEWAL. 15 4. ALL BONDS AND NOTES ISSUED TO PROVIDE MONEYS TO THE NEW YORK STATE 16 EMERGENCY HOUSING ASSISTANCE REVOLVING LOAN FUND SHALL BE SPECIAL LIMIT- 17 ED OBLIGATIONS OF THE AGENCY REPAYABLE SOLELY FROM REVENUE DERIVED FROM 18 THE REPAYMENT OF LOANS ISSUED PURSUANT TO SECTION FORTY-SEVEN-F OF THIS 19 ARTICLE. ALL ASSETS AND LIABILITIES CREATED THROUGH THE ISSUANCE OF 20 BONDS AND NOTES PURSUANT TO THIS SECTION SHALL BE KEPT SEPARATE FROM ALL 21 OTHER ASSETS AND LIABILITIES OF THE AGENCY. 22 S 2. The executive law is amended by adding a new section 718 to read 23 as follows: 24 S 718. NEW YORK STATE EMERGENCY HOUSING ASSISTANCE GRANT PROGRAM. 1. 25 THE DIVISION OF HOMELAND SECURITY AND EMERGENCY SERVICES MAY PROVIDE 26 GRANTS FOR DISASTER RELATED, NECESSARY EXPENSES OR SERIOUS NEEDS OF 27 INDIVIDUALS AND HOUSEHOLDS ADVERSELY AFFECTED BY A DISASTER DECLARED BY 28 THE GOVERNOR, IN THOSE INSTANCES IN WHICH SUCH INDIVIDUALS AND HOUSE- 29 HOLDS ARE UNABLE TO MEET SUCH EXPENSES AND NEEDS THROUGH FEDERAL ASSIST- 30 ANCE PURSUANT TO SECTION 408 OF THE ROBERT T. STAFFORD DISASTER RELIEF 31 AND EMERGENCY ASSISTANCE ACT (P.L. 93-288, AS AMENDED (42 U.S.C. S 32 5174)) OR FROM OTHER SOURCES. 33 2. THE DIVISION SHALL ONLY PROVIDE GRANTS TO INDIVIDUALS AND HOUSE- 34 HOLDS DETERMINED TO BE ELIGIBLE FOR FEDERAL ASSISTANCE TO INDIVIDUALS 35 AND HOUSEHOLDS PURSUANT TO SECTION 5174 OF TITLE 42 OF THE UNITED STATES 36 CODE, AND WHO HAVE UNMET SERIOUS NEEDS AND HAVE SUFFERED LOSSES REIM- 37 BURSABLE PURSUANT TO SUCH FEDERAL ASSISTANCE IN EXCESS OF THE MAXIMUM 38 FEDERAL GRANT AMOUNT. 39 3. THE DIVISION MAY AWARD GRANTS TO INDIVIDUALS AND HOUSEHOLDS EQUAL 40 TO THE DIFFERENCE BETWEEN THE FEDERAL ASSISTANCE PROVIDED TO THE INDI- 41 VIDUAL OR HOUSEHOLD AND THE INDIVIDUAL'S OR HOUSEHOLD'S FEDERALLY 42 ELIGIBLE APPRAISED LOSS. PROVIDED THAT NO GRANT TO AN INDIVIDUAL OR 43 HOUSEHOLD AWARDED BY THE DIVISION PURSUANT TO THIS SECTION SHALL EXCEED 44 TEN THOUSAND DOLLARS; UNLESS THE GRANTEE USES SUCH GRANT TO COMPLETE 45 MITIGATION IMPROVEMENT TO PREVENT FUTURE DISASTER DAMAGES, IN WHICH CASE 46 SUCH GRANT SHALL NOT EXCEED THIRTY THOUSAND DOLLARS. 47 4. APPLICATIONS FOR GRANTS PURSUANT TO THIS SECTION SHALL CONFORM TO 48 THE PROCEDURES ESTABLISHED IN THE ROBERT T. STAFFORD DISASTER RELIEF AND 49 EMERGENCY ASSISTANCE ACT (P.L. 93-288, AS AMENDED). THE DIVISION OF 50 HOMELAND SECURITY AND EMERGENCY SERVICES SHALL ENSURE THAT APPLICANTS 51 FOR GRANTS PURSUANT TO THIS SECTION HAVE EXHAUSTED ALL OTHER AVAILABLE 52 MEANS OF SEEKING RELIEF AND ASSISTANCE FOR DISASTER DAMAGE PRIOR TO THE 53 AWARD OF ANY GRANT PURSUANT TO THIS SECTION. 54 S 3. This act shall take effect immediately, provided, however, the 55 New York State housing finance agency shall not be required to establish 56 the revolving loan fund pursuant to this part unless and until the A. 10492 5 1 governor has declared a disaster or state of emergency in a county. Upon 2 such declaration by the governor, the agency shall have no more than 10 3 days to establish and commence the operation of such program in the 4 county in which the disaster has been declared. 5 PART B 6 Section 1. Section 1 of chapter 174 of the laws of 1968, constituting 7 the New York state urban development corporation act, is amended by 8 adding two new sections 16-v and 16-w to read as follows: 9 S 16-V. NEW YORK STATE BUSINESS ASSISTANCE RECONSTRUCTION AND EMPLOYEE 10 RETENTION PROGRAM. 1. THE CORPORATION SHALL ESTABLISH, ADMINISTER AND 11 OPERATE A NEW YORK STATE BUSINESS ASSISTANCE RECONSTRUCTION AND EMPLOYEE 12 RETENTION PROGRAM. SUCH PROGRAM SHALL PROVIDE FOR THE ISSUANCE OF INTER- 13 EST FREE LOANS TO BUSINESSES AND NOT-FOR-PROFIT CORPORATIONS FOR REHA- 14 BILITATING BUSINESS PROPERTY WHICH WAS DAMAGED OR DESTROYED AS THE 15 RESULT OF A DISASTER DECLARED BY THE GOVERNOR IN THE COUNTY IN WHICH THE 16 BUSINESS PROPERTY IS LOCATED. LOANS SHALL BE PROVIDED TO APPLICANTS AS 17 FOLLOWS: 18 (A) TIER 1 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 19 TO EXCEED ONE MILLION DOLLARS FOR THE REPAIR AND REPLACEMENT OF THE 20 BUSINESS PROPERTY TO THE CONDITION IT WAS IN IMMEDIATELY PRIOR TO THE 21 ONSET OF THE DECLARED DISASTER. BUSINESS PROPERTY SHALL INCLUDE REAL 22 PROPERTY, MACHINERY, EQUIPMENT, FIXTURES, INVENTORY AND LEASEHOLD 23 IMPROVEMENTS; OR 24 (B) TIER 2 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 25 TO EXCEED ONE MILLION FIVE HUNDRED THOUSAND DOLLARS FOR THE REPAIR AND 26 REPLACEMENT OF THE BUSINESS PROPERTY TO THE CONDITION IT WAS IN IMME- 27 DIATELY PRIOR TO THE ONSET OF THE DECLARED DISASTER, AND SHALL INCLUDE 28 SUCH DISASTER MITIGATION IMPROVEMENTS TO THE APPLICANT'S BUSINESS PROP- 29 ERTY AS SHALL BE DETERMINED BY THE CORPORATION TO BE NECESSARY TO ELIMI- 30 NATE OR LESSEN THE EFFECTS OF FUTURE SIMILAR DISASTERS. BUSINESS PROPER- 31 TY SHALL INCLUDE REAL PROPERTY, MACHINERY, EQUIPMENT, FIXTURES, 32 INVENTORY AND LEASEHOLD IMPROVEMENTS; OR 33 (C) TIER 3 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 34 TO EXCEED TWO MILLION DOLLARS FOR THE RELOCATION AND CONSTRUCTION OF THE 35 BUSINESS PROPERTY OF THE SAME SIZE AND TYPE AS THE BUSINESS PROPERTY 36 DESTROYED BY THE DECLARED DISASTER AND LOCATED WITHIN THE SAME VILLAGE, 37 TOWN OR CITY AS THE DESTROYED BUSINESS PROPERTY, BUT OUTSIDE OF ANY 38 AREAS MOST PRONE TO REOCCURRENCE OF DISASTER DAMAGE AS DETERMINED BY THE 39 CORPORATION, AND SUCH NEWLY CONSTRUCTED BUSINESS PROPERTY SHALL INCLUDE 40 SUCH DISASTER MITIGATION FEATURES AS SHALL BE DETERMINED BY THE CORPO- 41 RATION TO BE NECESSARY TO ELIMINATE OR LESSEN THE EFFECTS OF FUTURE 42 SIMILAR DISASTERS. MONEYS PROVIDED PURSUANT TO THIS PARAGRAPH SHALL BE 43 USED FOR NEW CONSTRUCTION UPON REAL PROPERTY, AND FOR REPAIR AND 44 REPLACEMENT OF MACHINERY, EQUIPMENT, FIXTURES, INVENTORY AND LEASEHOLD 45 IMPROVEMENTS. 46 2. AS A CONDITION OF THE ISSUANCE OF ANY LOAN PURSUANT TO THIS 47 SECTION, THE CORPORATION MAY REQUIRE THE INCLUSION IN ANY CONTRACT OR 48 AGREEMENT OF ANY CONDITIONS AS IT MAY DEEM TO BE DESIRABLE AND/OR APPRO- 49 PRIATE AND DO ALL THINGS NECESSARY FOR THE EXECUTION OF ANY INSTRUMENT 50 RELATING TO OR DESIRABLE FOR THE PROVISION OF SUCH LOAN. FURTHERMORE, 51 THE CORPORATION MAY IMPOSE UPON EACH APPLICANT ANY SUCH FEE AND CHARGES 52 AS SHALL BE NECESSARY FOR THE ISSUANCE OF NOTES AND BONDS BY THE CORPO- 53 RATION FOR THE PURPOSE OF RAISING REVENUE FOR THE PURPOSE OF PROVIDING 54 LOANS PURSUANT TO THIS SECTION. A. 10492 6 1 3. A BUSINESS OR NOT-FOR-PROFIT CORPORATION SEEKING A LOAN PURSUANT TO 2 THIS SECTION SHALL SUBMIT AN APPLICATION TO THE CORPORATION IN SUCH FORM 3 AND WITH SUCH CONTENT AS THE CHAIRMAN OF THE CORPORATION SHALL DETER- 4 MINE. ANY APPLICATION MAY BE DENIED UPON ANY SUCH GROUNDS AS THE CORPO- 5 RATION SHALL DETERMINE TO BE NECESSARY. 6 4. THE CORPORATION, IN CONSULTATION WITH ITS CHAIRMAN, SHALL PROMUL- 7 GATE ANY RULES AND REGULATIONS NECESSARY TO IMPLEMENT THE PROVISIONS OF 8 THIS SECTION. 9 S 16-W. NEW YORK STATE BUSINESS ASSISTANCE RECONSTRUCTION AND EMPLOYEE 10 RETENTION REVOLVING LOAN FUND. 1. THE CORPORATION SHALL ESTABLISH A 11 SPECIAL FUND TO BE KNOWN AS THE "NEW YORK STATE BUSINESS ASSISTANCE 12 RECONSTRUCTION AND EMPLOYEE RETENTION REVOLVING LOAN FUND", AND SHALL 13 PAY INTO SUCH FUND ANY MONEYS WHICH SHALL BE MADE AVAILABLE TO THE 14 CORPORATION FOR THE PURPOSES OF SUCH FUND FROM ANY SOURCE INCLUDING, BUT 15 NOT LIMITED TO, MONEYS APPROPRIATED BY AND MADE AVAILABLE PURSUANT TO 16 APPROPRIATION BY THE STATE AND ANY INCOME OR INTEREST EARNED BY OR 17 INCREMENT TO THE FUND DUE TO INVESTMENT THEREOF. 18 2. THE MONEYS HELD IN OR CREDITED TO THE NEW YORK STATE BUSINESS 19 ASSISTANCE RECONSTRUCTION AND EMPLOYEE RETENTION REVOLVING LOAN FUND 20 SHALL BE EXPENDED SOLELY TO IMPLEMENT THE PROVISIONS OF SECTION 21 SIXTEEN-V OF THIS ACT. 22 3. SUCH MONEYS SHALL BE PAYABLE AT THE DIRECTION OF THE CHAIRMAN OF 23 THE CORPORATION, IN CONSULTATION WITH THE DIRECTOR OF THE BUDGET. 24 4. ALL BONDS AND NOTES ISSUED TO PROVIDE MONEYS TO THE NEW YORK STATE 25 BUSINESS ASSISTANCE RECONSTRUCTION AND EMPLOYEE RETENTION REVOLVING LOAN 26 FUND SHALL BE SPECIAL LIMITED OBLIGATIONS OF THE CORPORATION REPAYABLE 27 SOLELY FROM REVENUE DERIVED FROM THE REPAYMENT OF LOANS ISSUED PURSUANT 28 TO SECTION SIXTEEN-V OF THIS ACT. ALL ASSETS AND LIABILITIES CREATED 29 THROUGH THE ISSUANCE OF BONDS AND NOTES PURSUANT TO THIS SECTION SHALL 30 BE SEPARATE FROM ALL OTHER ASSETS AND LIABILITIES OF THE CORPORATION. 31 S 2. The economic development law is amended by adding a new section 32 107 to read as follows: 33 S 107. NEW YORK STATE BUSINESS ASSISTANCE RECONSTRUCTION AND EMPLOYEE 34 RETENTION GRANT PROGRAM. 1. THE DEPARTMENT, IN CONSULTATION WITH ITS 35 REGIONAL COUNCILS, MAY PROVIDE GRANTS OF NOT MORE THAN THIRTY THOUSAND 36 DOLLARS FOR RECONSTRUCTION AND WORKING EXPENSES RELATED TO A DISASTER 37 DECLARED BY THE GOVERNOR IN THE COUNTY IN WHICH A BUSINESS OR 38 NOT-FOR-PROFIT CORPORATION IS LOCATED, AND ADDITIONAL GRANTS OF ONE 39 THOUSAND DOLLARS FOR EACH EMPLOYEE RETAINED. SUCH GRANTS SHALL BE 40 AWARDED SOLELY TO BUSINESSES AND NOT-FOR-PROFIT CORPORATIONS WHICH HAVE 41 SUFFERED SUBSTANTIAL DISASTER RELATED LOSSES. 42 2. THE COMMISSIONER SHALL PROMULGATE SUCH RULES AND REGULATIONS AS 43 SHALL BE NECESSARY TO IMPLEMENT THE PROVISIONS OF THIS SECTION. 44 S 3. This act shall take effect immediately; provided, however, the 45 New York State urban development corporation shall not be required to 46 establish the revolving loan fund pursuant to this part unless and until 47 the governor has declared a disaster or state of emergency in a county. 48 Upon such declaration by the governor, the corporation shall have no 49 more than 10 days to establish and commence the operation of such 50 program in the county in which the disaster has been declared. 51 PART C 52 Section 1. Section 1 of chapter 174 of the laws of 1968, constituting 53 the New York state urban development corporation act, is amended by 54 adding two new sections 16-x and 16-y to read as follows: A. 10492 7 1 S 16-X. NEW YORK STATE PRODUCTION AGRICULTURAL ASSISTANCE RECON- 2 STRUCTION LOAN PROGRAM. 1. THE CORPORATION SHALL ESTABLISH, ADMINISTER 3 AND OPERATE A NEW YORK STATE PRODUCTION AGRICULTURAL ASSISTANCE RECON- 4 STRUCTION LOAN PROGRAM. SUCH PROGRAM SHALL PROVIDE FOR THE ISSUANCE OF 5 INTEREST FREE LOANS TO FARMERS FOR REHABILITATION OF THEIR AGRICULTURAL 6 PROPERTY WHICH WAS DAMAGED OR DESTROYED AS THE RESULT OF A DISASTER 7 DECLARED BY THE GOVERNOR IN THE COUNTY IN WHICH THE AGRICULTURAL PROPER- 8 TY IS LOCATED. THE PROCEEDS OF SUCH LOANS MAY BE USED TO REFINANCE ANY 9 SECURED DEBT AGAINST THE AGRICULTURAL REAL PROPERTY OR PERSONAL PROPER- 10 TY. LOANS SHALL BE PROVIDED TO APPLICANTS AS FOLLOWS: 11 (A) TIER 1 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 12 TO EXCEED ONE MILLION DOLLARS FOR THE REPAIR AND REPLACEMENT OF THE 13 AGRI-BUSINESS TO THE CONDITION IT WAS IN IMMEDIATELY PRIOR TO THE ONSET 14 OF THE DECLARED DISASTER. AGRICULTURAL PROPERTY SHALL INCLUDE REAL PROP- 15 ERTY, MACHINERY, EQUIPMENT, CROPS, LIVESTOCK, INVENTORY AND LEASEHOLD 16 IMPROVEMENTS; OR 17 (B) TIER 2 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 18 TO EXCEED ONE MILLION FIVE HUNDRED THOUSAND DOLLARS FOR THE REPAIR AND 19 REPLACEMENT OF THE AGRI-BUSINESS TO THE CONDITION IT WAS IN IMMEDIATELY 20 PRIOR TO THE ONSET OF THE DECLARED DISASTER, AND SHALL INCLUDE SUCH 21 DISASTER MITIGATION IMPROVEMENTS TO THE APPLICANT'S AGRICULTURAL PROPER- 22 TY AS SHALL BE DETERMINED BY THE CORPORATION TO BE NECESSARY TO ELIMI- 23 NATE OR LESSEN THE EFFECTS OF FUTURE SIMILAR DISASTERS. AGRICULTURAL 24 PROPERTY SHALL INCLUDE REAL PROPERTY, MACHINERY, EQUIPMENT, CROPS, LIVE- 25 STOCK, INVENTORY AND LEASEHOLD IMPROVEMENTS; OR 26 (C) TIER 3 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 27 TO EXCEED TWO MILLION DOLLARS FOR THE RELOCATION AND CONSTRUCTION OF THE 28 AGRI-BUSINESS OF THE SAME SIZE AND TYPE AS THE AGRICULTURAL PROPERTY 29 DESTROYED BY THE DECLARED DISASTER AND LOCATED WITHIN THE SAME VILLAGE, 30 TOWN OR CITY AS THE DESTROYED AGRICULTURAL PROPERTY, BUT OUTSIDE ANY 31 AREAS MOST PRONE TO REOCCURRENCE OF DISASTER DAMAGE AS DETERMINED BY THE 32 CORPORATION, AND SUCH NEWLY CONSTRUCTED AGRICULTURAL PROPERTY SHALL 33 INCLUDE SUCH DISASTER MITIGATION FEATURES AS SHALL BE DETERMINED BY THE 34 CORPORATION TO BE NECESSARY TO ELIMINATE OR LESSEN THE EFFECTS OF FUTURE 35 SIMILAR DISASTERS. MONEYS PROVIDED PURSUANT TO THIS PARAGRAPH SHALL BE 36 USED FOR NEW CONSTRUCTION UPON REAL PROPERTY, AND FOR REPAIR AND 37 REPLACEMENT OF MACHINERY, EQUIPMENT, CROPS, LIVESTOCK, INVENTORY AND 38 LEASEHOLD IMPROVEMENTS. 39 2. AS A CONDITION OF THE ISSUANCE OF ANY LOAN PURSUANT TO THIS 40 SECTION, THE CORPORATION MAY REQUIRE THE INCLUSION IN ANY CONTRACT OR 41 AGREEMENT OF ANY CONDITIONS AS IT MAY DEEM TO BE DESIRABLE AND/OR APPRO- 42 PRIATE AND DO ALL THINGS NECESSARY FOR THE EXECUTION OF ANY INSTRUMENT 43 RELATING TO OR DESIRABLE FOR THE PROVISION OF SUCH LOAN. FURTHERMORE, 44 THE CORPORATION MAY IMPOSE UPON EACH APPLICANT ANY SUCH FEES AND CHARGES 45 AS SHALL BE NECESSARY FOR THE ISSUANCE OF NOTES AND BONDS BY THE CORPO- 46 RATION FOR THE PURPOSE OF RAISING REVENUE FOR THE PURPOSE OF PROVIDING 47 LOANS PURSUANT TO THIS SECTION. 48 3. AN AGRI-BUSINESS SEEKING A LOAN PURSUANT TO THIS SECTION SHALL 49 SUBMIT AN APPLICATION TO THE CORPORATION IN SUCH FORM AND WITH SUCH 50 CONTENT AS THE CHAIRMAN OF THE CORPORATION SHALL DETERMINE. ANY APPLICA- 51 TION MAY BE DENIED UPON ANY SUCH GROUNDS AS THE CORPORATION SHALL DETER- 52 MINE TO BE NECESSARY. 53 4. THE CORPORATION, IN CONSULTATION WITH ITS CHAIRMAN AND THE COMMIS- 54 SIONER OF AGRICULTURE AND MARKETS, SHALL PROMULGATE ANY RULES AND REGU- 55 LATIONS NECESSARY TO IMPLEMENT THE PROVISIONS OF THIS SECTION. A. 10492 8 1 S 16-Y. NEW YORK STATE PRODUCTION AGRICULTURAL ASSISTANCE RECON- 2 STRUCTION REVOLVING LOAN FUND. 1. THE CORPORATION SHALL ESTABLISH A 3 SPECIAL FUND TO BE KNOWN AS THE "NEW YORK STATE PRODUCTION AGRICULTURAL 4 ASSISTANCE RECONSTRUCTION REVOLVING LOAN FUND", AND SHALL PAY INTO SUCH 5 FUND ANY MONEYS WHICH SHALL BE MADE AVAILABLE TO THE CORPORATION FOR THE 6 PURPOSES OF SUCH FUND FROM ANY SOURCE INCLUDING, BUT NOT LIMITED TO, 7 MONEYS APPROPRIATED BY AND MADE AVAILABLE PURSUANT TO APPROPRIATION BY 8 THE STATE AND ANY INCOME OR INTEREST EARNED BY OR INCREMENTED TO THE 9 FUND DUE TO INVESTMENT THEREOF. 10 2. THE MONEYS HELD IN OR CREDITED TO THE NEW YORK STATE PRODUCTION 11 AGRICULTURAL ASSISTANCE RECONSTRUCTION REVOLVING LOAN FUND SHALL BE 12 EXPENDED SOLELY TO IMPLEMENT THE PROVISIONS OF SECTION SIXTEEN-X OF THIS 13 ACT. 14 3. SUCH MONEYS SHALL BE PAYABLE AT THE DIRECTION OF THE CHAIRMAN OF 15 THE CORPORATION, IN CONSULTATION WITH THE DIRECTOR OF THE BUDGET AND THE 16 COMMISSIONER OF AGRICULTURE AND MARKETS. 17 4. ALL BONDS AND NOTES ISSUED TO PROVIDE MONEYS TO THE NEW YORK STATE 18 PRODUCTION AGRICULTURAL ASSISTANCE RECONSTRUCTION REVOLVING LOAN FUND 19 SHALL BE SPECIAL LIMITED OBLIGATIONS OF THE CORPORATION REPAYABLE SOLELY 20 FROM REVENUE DERIVED FROM THE REPAYMENT OF LOANS ISSUED PURSUANT TO 21 SECTION SIXTEEN-X OF THIS ACT. ALL ASSETS AND LIABILITIES CREATED 22 THROUGH THE ISSUANCE OF BONDS AND NOTES PURSUANT TO THIS SECTION SHALL 23 BE SEPARATE FROM ALL OTHER ASSETS AND LIABILITIES OF THE CORPORATION. 24 S 2. The agriculture and markets law is amended by adding a new 25 section 324-b to read as follows: 26 S 324-B. NEW YORK STATE PRODUCTION AGRICULTURAL ASSISTANCE GRANT 27 PROGRAM. 1. THE COMMISSIONER SHALL INITIATE AND MAINTAIN A NEW YORK 28 STATE PRODUCTION AGRICULTURAL ASSISTANCE GRANT PROGRAM TO PROVIDE FINAN- 29 CIAL ASSISTANCE TO FARMERS OPERATING AGRICULTURAL PRODUCTION BUSINESSES. 30 GRANTS SHALL BE PROVIDED TO FARMERS AS FOLLOWS: 31 (A) TIER 1. FAMILY FARMS AND OTHER AGRICULTURAL PRODUCTION BUSINESSES 32 SHALL BE ELIGIBLE FOR A GRANT OF NOT MORE THAN THIRTY THOUSAND DOLLARS 33 FOR RECONSTRUCTION AND WORKING EXPENSES RELATED TO AGRICULTURAL 34 PRODUCTION, PLUS AN ADDITIONAL GRANT NOT TO EXCEED FIFTEEN PERCENT OF 35 THE APPLICANT'S GROSS CASH INCOME DURING THE IMMEDIATELY PRECEDING 36 CALENDAR YEAR; OR 37 (B) TIER 2. AGRICULTURAL PRODUCTION BUSINESSES SHALL BE ELIGIBLE FOR A 38 GRANT OF NOT MORE THAN FIFTY THOUSAND DOLLARS FOR RECONSTRUCTION AND 39 WORKING EXPENSES INCURRED AS THE RESULT OF AN EMERGENCY, INCLUDING A 40 FLOOD, STORM OR OTHER UNFORESEEABLE NATURAL DISASTER, WHERE THE SUSTAIN- 41 ABILITY OF FARM OPERATIONS IS PROHIBITED DUE TO SOIL EROSION, LOSS OF 42 LAND VIABILITY OR OTHER SUCH OCCURRENCES; OR 43 (C) TIER 3. AGRICULTURAL PRODUCTION BUSINESSES SHALL BE ELIGIBLE FOR A 44 GRANT OF NOT MORE THAN ONE HUNDRED THOUSAND DOLLARS FOR RECONSTRUCTION 45 AND WORKING EXPENSES INCURRED AS THE RESULT OF AN EMERGENCY, INCLUDING A 46 FLOOD, STORM OR OTHER UNFORESEEABLE NATURAL DISASTER, WHERE THE SUSTAIN- 47 ABILITY OF FARM OPERATIONS IS PROHIBITED BY BUILDING OR EQUIPMENT LOSS. 48 2. THE COMMISSIONER, IN CONSULTATION AND COOPERATION WITH EMERGENCY, 49 ENVIRONMENTAL AND AGRICULTURAL ENTITIES, SHALL PROMULGATE SUCH RULES AND 50 REGULATIONS AS SHALL BE NECESSARY TO IMPLEMENT THE PROVISIONS OF THIS 51 SECTION. SUCH RULES AND REGULATIONS SHALL ESTABLISH CRITERIA FOR DETER- 52 MINING THE ELIGIBILITY FOR GRANTS PURSUANT TO THIS SECTION OF AGRICUL- 53 TURAL PRODUCTION BUSINESSES WHICH HAVE SUFFERED SUBSTANTIAL FARMLAND 54 LOSS IN A NATURAL DISASTER. THE DEPARTMENT SHALL MAKE USE OF ANY AND ALL 55 AVAILABLE RESOURCES OF THE STATE AND ITS COUNTIES AS SHALL BE APPROPRI- 56 ATE FOR THE IMPLEMENTATION OF THE PROVISIONS OF THIS SECTION. A. 10492 9 1 S 3. This act shall take effect immediately, provided, however, the 2 New York State urban development corporation shall not be required to 3 establish the revolving loan fund pursuant to this part unless and until 4 the governor has declared a disaster or state of emergency in a county. 5 Upon such declaration by the governor, the corporation shall have no 6 more than 10 days to establish and commence the operation of such 7 program in the county in which the disaster has been declared. 8 PART D 9 Section 1. The public authorities law is amended by adding three new 10 sections 1679-d, 1679-e and 1679-f to read as follows: 11 S 1679-D. NEW YORK STATE MUNICIPAL AND SCHOOL DISTRICT STOP GAP 12 PROGRAM. 1. THE AUTHORITY SHALL ESTABLISH, ADMINISTER AND OPERATE A NEW 13 YORK STATE MUNICIPAL AND SCHOOL DISTRICT STOP GAP PROGRAM. SUCH PROGRAM 14 SHALL PROVIDE FOR THE ISSUANCE OF INTEREST FREE LOANS TO CITIES, TOWNS, 15 VILLAGES AND SCHOOL DISTRICTS FOR REHABILITATING MUNICIPAL AND SCHOOL 16 DISTRICT PROPERTY WHICH WAS DAMAGED OR DESTROYED AS THE RESULT OF A 17 DISASTER DECLARED BY THE GOVERNOR IN THE COUNTY IN WHICH THE CITY, TOWN, 18 VILLAGE OR SCHOOL DISTRICT IS LOCATED. LOANS SHALL BE PROVIDED TO APPLI- 19 CANTS AS FOLLOWS: 20 (A) TIER 1 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 21 TO EXCEED FIVE MILLION DOLLARS FOR THE REPAIR AND REPLACEMENT OF THE 22 MUNICIPAL OR SCHOOL DISTRICT PROPERTY TO THE CONDITION IT WAS IN IMME- 23 DIATELY PRIOR TO THE ONSET OF THE DECLARED DISASTER. MUNICIPAL AND 24 SCHOOL DISTRICT PROPERTY SHALL INCLUDE REAL PROPERTY, INFRASTRUCTURE 25 (INCLUDING WATER AND SEWER FACILITIES, BRIDGES AND ROADS), MACHINERY, 26 EQUIPMENT, FIXTURES AND OTHER EXPENSES APPROVED BY THE AUTHORITY; 27 (B) TIER 2 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 28 TO EXCEED TEN MILLION DOLLARS FOR THE REPAIR AND REPLACEMENT OF THE 29 MUNICIPAL AND SCHOOL DISTRICT PROPERTY TO THE CONDITION IT WAS IN IMME- 30 DIATELY PRIOR TO THE ONSET OF THE DECLARED DISASTER, AND SHALL INCLUDE 31 SUCH DISASTER MITIGATION IMPROVEMENTS TO THE MUNICIPALITY'S OR SCHOOL 32 DISTRICT'S PROPERTY AS SHALL BE DETERMINED BY THE AUTHORITY TO BE NECES- 33 SARY TO ELIMINATE OR LESSEN THE EFFECTS OF FUTURE SIMILAR DISASTERS. 34 MUNICIPAL AND SCHOOL DISTRICT PROPERTY SHALL INCLUDE REAL PROPERTY, 35 INFRASTRUCTURE (INCLUDING WATER AND SEWER FACILITIES, BRIDGES AND 36 ROADS), MACHINERY, EQUIPMENT, FIXTURES AND OTHER EXPENSES APPROVED BY 37 THE AUTHORITY; OR 38 (C) TIER 3 LOAN. A LOAN FOR A TERM OF THIRTY YEARS, IN AN AMOUNT NOT 39 TO EXCEED FIFTEEN MILLION DOLLARS FOR THE RELOCATION AND CONSTRUCTION OF 40 THE MUNICIPAL AND SCHOOL DISTRICT PROPERTY OF THE SAME SIZE AND TYPE AS 41 THE MUNICIPAL AND SCHOOL DISTRICT PROPERTY DESTROYED BY THE DECLARED 42 DISASTER AND OUTSIDE OF ANY AREAS MOST PRONE TO REOCCURRENCE OF DISASTER 43 DAMAGE AS DETERMINED BY THE AUTHORITY, AND SUCH NEWLY CONSTRUCTED MUNIC- 44 IPAL OR SCHOOL DISTRICT PROPERTY SHALL INCLUDE SUCH DISASTER MITIGATION 45 FEATURES AS SHALL BE DETERMINED BY THE AUTHORITY TO BE NECESSARY TO 46 ELIMINATE OR LESSEN THE EFFECTS OF FUTURE SIMILAR DISASTERS. MONEYS 47 PROVIDED PURSUANT TO THIS PARAGRAPH SHALL BE USED FOR NEW CONSTRUCTION 48 UPON REAL PROPERTY, AND FOR REPAIR AND REPLACEMENT OF INFRASTRUCTURE 49 (INCLUDING WATER AND SEWER FACILITIES, BRIDGES AND ROADS), MACHINERY, 50 EQUIPMENT, FIXTURES AND OTHER EXPENSES APPROVED BY THE AUTHORITY. 51 2. AS A CONDITION OF THE ISSUANCE OF ANY LOAN PURSUANT TO THIS 52 SECTION, THE AUTHORITY MAY REQUIRE THE INCLUSION IN ANY CONTRACT OR 53 AGREEMENT OF ANY CONDITIONS AS IT MAY DEEM TO BE DESIRABLE AND/OR APPRO- 54 PRIATE AND DO ALL THINGS NECESSARY FOR THE EXECUTION OF ANY INSTRUMENT A. 10492 10 1 RELATING TO OR DESIRABLE FOR THE PROVISION OF SUCH LOAN. FURTHERMORE, 2 THE AUTHORITY MAY IMPOSE UPON EACH APPLICANT ANY SUCH FEES AND CHARGES 3 AS SHALL BE NECESSARY FOR THE ISSUANCE OF NOTES AND BONDS BY THE AUTHOR- 4 ITY FOR THE PURPOSE OF RAISING REVENUE FOR THE PURPOSE OF PROVIDING 5 LOANS PURSUANT TO THIS SECTION. 6 3. A CITY, TOWN, VILLAGE OR SCHOOL DISTRICT SEEKING A LOAN PURSUANT TO 7 THIS SECTION SHALL SUBMIT AN APPLICATION TO THE AUTHORITY IN SUCH FORM 8 AND WITH SUCH CONTENT AS THE CHAIR OF THE AUTHORITY SHALL DETERMINE. ANY 9 APPLICATION MAY BE DENIED UPON SUCH GROUNDS AS THE AUTHORITY SHALL 10 DETERMINE TO BE NECESSARY. 11 4. THE AUTHORITY, IN CONSULTATION WITH THE EDUCATION DEPARTMENT, SHALL 12 PROMULGATE ANY RULES AND REGULATIONS NECESSARY TO IMPLEMENT THE 13 PROVISIONS OF THIS SECTION. 14 S 1679-E. NEW YORK STATE MUNICIPAL AND SCHOOL DISTRICT STOP GAP 15 REVOLVING LOAN FUND. 1. THE AUTHORITY SHALL ESTABLISH A SPECIAL FUND TO 16 BE KNOWN AS THE "NEW YORK STATE MUNICIPAL AND SCHOOL DISTRICT STOP GAP 17 REVOLVING LOAN FUND", AND SHALL PAY INTO SUCH FUND ANY MONEYS WHICH 18 SHALL BE MADE AVAILABLE TO THE AUTHORITY FOR THE PURPOSES OF SUCH FUND 19 FROM ANY SOURCE INCLUDING, BUT NOT LIMITED TO, MONEYS APPROPRIATED BY 20 AND MADE AVAILABLE PURSUANT TO APPROPRIATION BY THE STATE AND ANY INCOME 21 OR INTEREST EARNED BY OR INCREMENTED TO THE FUND DUE TO INVESTMENT THER- 22 EOF. 23 2. THE MONEYS HELD IN OR CREDITED TO THE NEW YORK STATE MUNICIPAL AND 24 SCHOOL DISTRICT STOP GAP REVOLVING LOAN FUND SHALL BE EXPENDED SOLELY TO 25 IMPLEMENT THE PROVISIONS OF SECTION SIXTEEN HUNDRED SEVENTY-NINE-D OF 26 THIS TITLE. 27 3. SUCH MONEYS SHALL BE PAYABLE AT THE DIRECTION OF THE CHAIR OF THE 28 AUTHORITY, IN CONSULTATION WITH THE DIRECTOR OF THE BUDGET AND THE 29 COMMISSIONER OF EDUCATION. 30 4. ALL BONDS AND NOTES ISSUED TO PROVIDE MONEYS TO THE NEW YORK STATE 31 MUNICIPAL AND SCHOOL DISTRICT STOP GAP REVOLVING LOAN FUND SHALL BE 32 SPECIAL LIMITED OBLIGATIONS OF THE AUTHORITY AND SHALL BE PAID FOR AS 33 DESCRIBED IN SUBDIVISION SIX OF SECTION THIRTY-SIX HUNDRED TWO OF THE 34 EDUCATION LAW. ALL ASSETS AND LIABILITIES CREATED THROUGH THE ISSUANCE 35 OF BONDS AND NOTES PURSUANT TO THIS SECTION SHALL BE SEPARATE FROM ALL 36 OTHER ASSETS AND LIABILITIES OF THE AUTHORITY. 37 S 1679-F. NEW YORK STATE MUNICIPAL AND SCHOOL DISTRICT STOP GAP GRANT 38 PROGRAM. 1. THE AUTHORITY SHALL ESTABLISH, ADMINISTER AND OPERATE A NEW 39 YORK STATE MUNICIPAL AND SCHOOL DISTRICT STOP GAP GRANT PROGRAM. SUCH 40 PROGRAM SHALL PROVIDE FOR THE ISSUANCE OF GRANTS TO CITIES, TOWNS, 41 VILLAGES AND SCHOOL DISTRICTS FOR REHABILITATING MUNICIPAL AND SCHOOL 42 DISTRICT PROPERTY WHICH HAS BEEN DAMAGED OR DESTROYED AS THE RESULT OF A 43 DISASTER DECLARED BY THE GOVERNOR IN THE COUNTY IN WHICH THE CITY, TOWN, 44 VILLAGE OR SCHOOL DISTRICT IS LOCATED. GRANTS SHALL BE PROVIDED TO 45 APPLICANTS AS FOLLOWS: 46 (A) TIER 1 GRANT. A GRANT IN AN AMOUNT NOT TO EXCEED TWO MILLION 47 DOLLARS FOR THE REPAIR AND REPLACEMENT OF THE MUNICIPAL OR SCHOOL 48 DISTRICT PROPERTY TO THE CONDITION IT WAS IN IMMEDIATELY PRIOR TO THE 49 ONSET OF THE DECLARED DISASTER. MUNICIPAL AND SCHOOL DISTRICT PROPERTY 50 SHALL INCLUDE REAL PROPERTY, INFRASTRUCTURE (INCLUDING WATER AND SEWER 51 FACILITIES, BRIDGES AND ROADS), MACHINERY, EQUIPMENT, FIXTURES AND OTHER 52 EXPENSES APPROVED BY THE AUTHORITY; 53 (B) TIER 2 GRANT. A GRANT IN AN AMOUNT NOT TO EXCEED FOUR MILLION 54 DOLLARS FOR THE REPAIR AND REPLACEMENT OF THE MUNICIPAL AND SCHOOL 55 DISTRICT PROPERTY TO THE CONDITION IT WAS IN IMMEDIATELY PRIOR TO THE 56 ONSET OF THE DECLARED DISASTER, AND SHALL INCLUDE SUCH DISASTER MITI- A. 10492 11 1 GATION IMPROVEMENTS TO THE MUNICIPALITY'S OR SCHOOL DISTRICT'S PROPERTY 2 AS SHALL BE DETERMINED BY THE AUTHORITY TO BE NECESSARY TO ELIMINATE OR 3 LESSEN THE EFFECTS OF FUTURE SIMILAR DISASTERS. MUNICIPAL AND SCHOOL 4 DISTRICT PROPERTY SHALL INCLUDE REAL PROPERTY, INFRASTRUCTURE (INCLUDING 5 WATER AND SEWER FACILITIES, BRIDGES AND ROADS), MACHINERY, EQUIPMENT, 6 FIXTURES AND OTHER EXPENSES APPROVED BY THE AUTHORITY; OR 7 (C) TIER 3 LOAN. A GRANT IN AN AMOUNT NOT TO EXCEED SIX MILLION 8 DOLLARS FOR THE RELOCATION AND CONSTRUCTION OF THE MUNICIPAL AND SCHOOL 9 DISTRICT PROPERTY OF THE SAME SIZE AND TYPE AS THE MUNICIPAL AND SCHOOL 10 DISTRICT PROPERTY DESTROYED BY THE DECLARED DISASTER AND OUTSIDE ANY 11 AREAS MOST PRONE TO REOCCURRENCE OF DISASTER DAMAGE AS DETERMINED BY THE 12 AUTHORITY, AND SUCH NEWLY CONSTRUCTED MUNICIPAL OR SCHOOL DISTRICT PROP- 13 ERTY SHALL INCLUDE SUCH DISASTER MITIGATION FEATURES AS SHALL BE DETER- 14 MINED BY THE AUTHORITY TO BE NECESSARY TO ELIMINATE OR LESSEN THE 15 EFFECTS OF FUTURE SIMILAR DISASTERS. MONEYS PROVIDED PURSUANT TO THIS 16 PARAGRAPH SHALL BE USED FOR NEW CONSTRUCTION UPON REAL PROPERTY, AND FOR 17 REPAIR AND REPLACEMENT OF INFRASTRUCTURE (INCLUDING WATER AND SEWER 18 FACILITIES, BRIDGES AND ROADS), MACHINERY, EQUIPMENT, FIXTURES AND OTHER 19 EXPENSES APPROVED BY THE AUTHORITY. 20 2. A CITY, TOWN, VILLAGE OR SCHOOL DISTRICT SEEKING A GRANT PURSUANT 21 TO THIS SECTION SHALL SUBMIT AN APPLICATION TO THE AUTHORITY IN SUCH 22 FORM AND WITH SUCH CONTENT AS THE CHAIR OF THE AUTHORITY SHALL DETER- 23 MINE. ANY APPLICATION MAY BE DENIED UPON SUCH GROUNDS AS THE AUTHORITY 24 SHALL DETERMINE TO BE NECESSARY. 25 3. THE AUTHORITY, IN CONSULTATION WITH THE EDUCATION DEPARTMENT, SHALL 26 PROMULGATE ANY RULES AND REGULATIONS NECESSARY TO IMPLEMENT THE 27 PROVISIONS OF THIS SECTION. 28 S 2. This act shall take effect immediately, provided, however, the 29 New York State dormitory authority shall not be required to establish 30 the revolving loan fund pursuant to this part unless and until the 31 governor has declared a disaster or state of emergency in a county. Upon 32 such declaration by the governor, the authority shall have no more than 33 10 days to establish and commence the operation of such program in the 34 county in which the disaster has been declared. 35 PART E 36 Section 1. The private housing finance law is amended by adding a new 37 section 47-g to read as follows: 38 S 47-G. NEW YORK STATE TAX ASSISTANCE REVOLVING LOAN FUND PROGRAM. 1. 39 THE AGENCY SHALL ESTABLISH, ADMINISTER AND OPERATE A NEW YORK STATE TAX 40 ASSISTANCE REVOLVING LOAN FUND PROGRAM. SUCH PROGRAM SHALL PROVIDE FOR 41 THE ISSUANCE OF INTEREST FREE LOANS TO REAL PROPERTY TAXING JURISDIC- 42 TIONS FOR DELINQUENT REAL PROPERTY TAXES WHICH WERE UNPAID BY REAL PROP- 43 ERTY OWNERS AS THE RESULT OF A DISASTER DECLARED BY THE GOVERNOR IN THE 44 COUNTY IN WHICH THE REAL PROPERTY TAXING JURISDICTION IS LOCATED. 45 ELIGIBLE REAL PROPERTY TAXING JURISDICTIONS MAY RECEIVE A LOAN PURSUANT 46 TO THIS SECTION EQUAL TO NOT MORE THAN ONE-HALF OF THE TAX DELINQUENCY 47 INCURRED IN THE TWO THOUSAND TWELVE AND TWO THOUSAND THIRTEEN TAX YEARS. 48 2. THE AGENCY SHALL ESTABLISH A SPECIAL FUND TO BE KNOWN AS THE "NEW 49 YORK STATE TAX ASSISTANCE REVOLVING LOAN FUND", AND SHALL PAY INTO SUCH 50 FUND ANY MONEYS WHICH SHALL BE MADE AVAILABLE TO THE AGENCY FOR THE 51 PURPOSES OF SUCH FUND FROM ANY SOURCE INCLUDING, BUT NOT LIMITED TO, 52 MONEYS APPROPRIATED BY AND MADE AVAILABLE PURSUANT TO APPROPRIATION BY 53 THE STATE AND ANY INCOME OR INTEREST EARNED BY OR INCREMENTED TO THE 54 FUND DUE TO INVESTMENT THEREOF. A. 10492 12 1 3. THE MONEYS HELD IN OR CREDITED TO THE NEW YORK STATE TAX ASSISTANCE 2 REVOLVING LOAN FUND SHALL BE EXPENDED SOLELY TO IMPLEMENT THE PROVISION 3 OF THIS SECTION. TO EFFECTUATE THE PURPOSES OF THIS SECTION, THE AGENCY 4 MAY EXTEND CREDIT TO OR ON BEHALF OF A REAL PROPERTY TAXING JURISDICTION 5 FOR CONSTRUCTION OR REPAIR OF MUNICIPAL PROPERTY. 6 4. SUCH MONEYS SHALL BE PAYABLE AT THE DIRECTION OF THE CHAIRMAN OF 7 THE AGENCY, IN CONSULTATION WITH THE DIRECTOR OF THE BUDGET AND THE 8 COMMISSIONER OF TAXATION AND FINANCE. 9 5. ALL BONDS AND NOTES ISSUED TO PROVIDE MONEYS TO THE TAX DISASTER 10 RELIEF REVOLVING LOAN FUND SHALL BE SPECIAL LIMITED OBLIGATIONS OF THE 11 AGENCY REPAYABLE SOLELY FROM REVENUE DERIVED FROM THE REPAYMENT OF LOANS 12 ISSUED PURSUANT TO THIS SECTION. ALL ASSETS AND LIABILITIES CREATED 13 THROUGH THE ISSUANCE OF BONDS AND NOTES PURSUANT TO THIS SECTION SHALL 14 BE KEPT SEPARATE FROM ALL OTHER ASSETS AND LIABILITIES OF THE AGENCY. 15 S 2. This act shall take effect immediately, provided, however, the 16 New York State housing finance agency shall not be required to establish 17 the revolving loan fund pursuant to this part unless and until the 18 governor has declared a disaster or state of emergency in a county. Upon 19 such declaration by the governor, the agency shall have no more than 10 20 days to establish and commence the operation of such program in the 21 county in which the disaster has been declared. 22 PART F 23 Section 1. The real property tax law is amended by adding a new 24 section 303 to read as follows: 25 S 303. REASSESSMENT AFTER NATURAL DISASTERS. 1. WITHIN SIX MONTHS OF 26 A DISASTER DECLARED BY THE GOVERNOR IN A COUNTY, A QUALIFIED PROFES- 27 SIONAL SHALL REASSESS EACH PARCEL OF REAL PROPERTY THAT WAS DAMAGED OR 28 DESTROYED BY SUCH DISASTER AND SHALL PROVIDE SUCH REASSESSMENT TO THE 29 COUNTY ASSESSOR. 30 2. FOR PURPOSES OF THIS SECTION, "QUALIFIED PROFESSIONAL" SHALL MEAN 31 AN ASSESSOR, LOCAL CODE ENFORCEMENT OFFICER, BUILDING INSPECTOR OR 32 CONTRACTOR. 33 S 2. Section 210 of the tax law is amended by adding a new subdivision 34 45 to read as follows: 35 45. NATURAL DISASTER PROPERTY TAX CREDIT. (A) ALLOWANCE OF CREDIT. A 36 TAXPAYER, WHO OWNS REAL PROPERTY WHICH IS AFFECTED BY A DISASTER 37 DECLARED BY THE GOVERNOR AND SUCH REAL PROPERTY HAS BEEN REASSESSED 38 PURSUANT TO SECTION THREE HUNDRED THREE OF THE REAL PROPERTY TAX LAW, 39 SHALL BE ALLOWED A CREDIT TO BE COMPUTED AS PROVIDED IN THIS SUBDIVI- 40 SION, AGAINST THE TAX IMPOSED BY THIS ARTICLE. THE AMOUNT OF THE CREDIT 41 SHALL EQUAL THE RESULT OF ALL REAL PROPERTY TAXES PAID ON THE TAXPAYER'S 42 REAL PROPERTY LESS THE REDUCED ASSESSMENT, PURSUANT TO SECTION THREE 43 HUNDRED THREE OF THE REAL PROPERTY TAX LAW, MULTIPLIED BY THE SUM OF ALL 44 REAL PROPERTY TAX RATES APPLICABLE TO SUCH REAL PROPERTY. 45 (B) APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT SHALL EXCEED 46 THE TAXPAYER'S TAX FOR SUCH YEAR THE EXCESS SHALL BE CARRIED OVER TO THE 47 FOLLOWING YEAR OR YEARS, AND MAY BE DEDUCTED FROM THE TAXPAYER'S TAX FOR 48 SUCH YEAR OR YEARS. 49 S 3. Subparagraph (B) of paragraph 1 of subsection (i) of section 606 50 of the tax law is amended by adding a new clause (xxxiv) to read as 51 follows: 52 (XXXIV) NATURAL DISASTER AMOUNT OF CREDIT UNDER 53 PROPERTY TAX CREDIT SUBDIVISION FORTY-FIVE OF A. 10492 13 1 UNDER SUBSECTION (UU) SECTION TWO HUNDRED TEN 2 S 4. Section 606 of the tax law is amended by adding a new subsection 3 (uu) to read as follows: 4 (UU) NATURAL DISASTER PROPERTY TAX CREDIT. (1) ALLOWANCE OF CREDIT. A 5 TAXPAYER, WHO OWNS REAL PROPERTY WHICH IS AFFECTED BY A DISASTER 6 DECLARED BY THE GOVERNOR AND SUCH REAL PROPERTY HAS BEEN REASSESSED 7 PURSUANT TO SECTION THREE HUNDRED THREE OF THE REAL PROPERTY TAX LAW, 8 SHALL BE ALLOWED A CREDIT TO BE COMPUTED AS PROVIDED IN THIS SUBSECTION, 9 AGAINST THE TAX IMPOSED BY THIS ARTICLE. THE AMOUNT OF THE CREDIT SHALL 10 EQUAL THE RESULT OF ALL REAL PROPERTY TAXES PAID ON THE TAXPAYER'S REAL 11 PROPERTY LESS THE REDUCED ASSESSMENT, PURSUANT TO SECTION THREE HUNDRED 12 THREE OF THE REAL PROPERTY TAX LAW, MULTIPLIED BY THE SUM OF ALL REAL 13 PROPERTY TAX RATES APPLICABLE TO SUCH REAL PROPERTY. 14 2. APPLICATION OF CREDIT. IF THE AMOUNT OF THE CREDIT SHALL EXCEED THE 15 TAXPAYER'S TAX FOR SUCH YEAR THE EXCESS SHALL BE CARRIED OVER TO THE 16 FOLLOWING YEAR OR YEARS, AND MAY BE DEDUCTED FROM THE TAXPAYER'S TAX FOR 17 SUCH YEAR OR YEARS. 18 S 5. This act shall take effect immediately. 19 PART G 20 Section 1. The workers' compensation law is amended by adding a new 21 section 88-d to read as follows: 22 S 88-D. COVERAGE OF MEMBERS OF COMMUNITY EMERGENCY RESPONSE TEAMS. 1. 23 ANY MUNICIPALITY THAT EMPLOYS MEMBERS OF A COMMUNITY EMERGENCY RESPONSE 24 TEAM MAY ELECT TO MAKE COMPENSATIONS PAYABLE UNDER THIS CHAPTER AVAIL- 25 ABLE TO SUCH MEMBERS. SUCH COMPENSATIONS SHALL BE PAID FROM THE STATE 26 INSURANCE FUND, AND ALL PAYMENTS TO THE STATE INSURANCE FUND FOR INSUR- 27 ANCE PREMIUMS ON ACCOUNT OF SUCH MEMBERS INCLUDING A PROPORTIONATE SHARE 28 OF THE ADMINISTRATIVE EXPENSE OF THE STATE INSURANCE FUND ON ACCOUNT 29 THEREOF SHALL BE A LIABILITY OF THE MUNICIPALITY. 30 2. COMPUTATION OF PREMIUMS FOR COVERAGE OF MEMBERS OF COMMUNITY EMER- 31 GENCY RESPONSE TEAMS SHALL BE MADE IN THE SAME MANNER AS THOSE ASSESSED 32 FOR COVERAGE OF VOLUNTEER FIREFIGHTERS AND VOLUNTEER AMBULANCE WORKERS 33 PURSUANT TO THIS ARTICLE, THE VOLUNTEER FIREFIGHTERS' BENEFIT LAW AND 34 THE VOLUNTEER AMBULANCE WORKERS' BENEFIT LAW. 35 S 2. Subdivisions 3 and 4 of section 209-bb of the general municipal 36 law, as amended by chapter 482 of the laws of 1997, are amended to read 37 as follows: 38 3. Municipalities and organizations that insure volunteer firefight- 39 ers, volunteer ambulance workers, MEMBERS OF COMMUNITY EMERGENCY 40 RESPONSE TEAMS or municipal employees, as the term "employee" is defined 41 under section eighteen of the public officers law, may extend such 42 insurance coverage to members of a specialized team by resolution. 43 4. For the purposes of this section, "specialized teams" shall mean 44 any emergency team or squad composed of volunteer firefighters, volun- 45 teer ambulance workers or municipal employees, who shall have attained 46 the minimum level of training or experience to meet qualifying standards 47 established by the office of fire prevention and control, and which is 48 administered by the state, a county, city or town for the purposes of 49 training for or responding to a man made or natural disaster by carrying 50 out any activities which are within the relevant training and expertise 51 of such municipal employees or are authorized pursuant to the volunteer 52 firefighters' benefit law or the volunteer ambulance workers' benefit 53 law but which are not normally provided by such entities. SUCH TERM 54 SHALL ALSO MEAN ANY COMMUNITY EMERGENCY RESPONSE TEAM REGISTERED WITH A. 10492 14 1 THE UNITED STATES DEPARTMENT OF HOMELAND SECURITY, AND COMPOSED OF 2 VOLUNTEERS FOR THE PURPOSE OF TRAINING FOR OR RESPONDING TO MAN MADE OR 3 NATURAL DISASTERS, OR OTHER EMERGENCY SITUATIONS FOR WHICH SUCH TEAM HAS 4 TRAINING. 5 S 3. This act shall take effect immediately. 6 PART H 7 Section 1. The executive law is amended by adding a new section 13 to 8 read as follows: 9 S 13. SUSPENSION OF EXECUTIVE ORDERS, RULES AND REGULATIONS; NATURAL 10 DISASTER. UPON THE DECLARATION OF A DISASTER IN ANY COUNTY BY THE GOVER- 11 NOR, HE OR SHE SHALL SUSPEND THE APPLICATION IN SUCH COUNTY OF SUCH 12 EXECUTIVE ORDERS, RULES AND REGULATIONS AS THE GOVERNOR SHALL DETERMINE 13 FOR A PERIOD OF NOT LESS THAN TWELVE MONTHS. 14 S 2. The labor law is amended by adding a new section 222-b to read as 15 follows: 16 S 222-B. SUSPENSION OF APPLICATION OF THIS ARTICLE; NATURAL DISASTER. 17 UPON THE DECLARATION BY THE GOVERNOR OF A DISASTER IN ANY COUNTY, THE 18 APPLICATION OF THE PROVISIONS OF THIS ARTICLE SHALL BE SUSPENDED FOR A 19 PERIOD OF NOT LESS THAN THIRTY-SIX MONTHS. 20 S 3. Section 135 of the state finance law is amended by adding a new 21 closing paragraph to read as follows: 22 UPON THE DECLARATION BY THE GOVERNOR OF A DISASTER IN ANY COUNTY, THE 23 APPLICATION OF THE PROVISIONS OF THIS SECTION SHALL BE SUSPENDED FOR A 24 PERIOD OF NOT LESS THAN THIRTY-SIX MONTHS. 25 S 4. Section 101 of the general municipal law is amended by adding a 26 new subdivision 6 to read as follows: 27 6. UPON THE DECLARATION BY THE GOVERNOR OF A DISASTER IN ANY COUNTY, 28 THE APPLICATION OF THE PROVISIONS OF THIS SECTION SHALL BE SUSPENDED FOR 29 A PERIOD OF NOT LESS THAN THIRTY-SIX MONTHS. 30 S 5. This act shall take effect immediately. 31 PART I 32 Section 1. The real property tax law is amended by adding a new 33 section 561 to read as follows: 34 S 561. DISASTER PROPERTY TAX RECOVERY GRANT PROGRAM. 1. FOR THE TAX 35 YEAR FOLLOWING THE DECLARATION BY THE GOVERNOR OF A DISASTER IN A COUN- 36 TY, ONE-HALF OF REDUCTION IN REAL PROPERTY TAX REVENUE TO EACH REAL 37 PROPERTY TAX JURISDICTION IN SUCH COUNTY, WHEN SUCH REDUCTION IS THE 38 RESULT OF REDUCED REAL PROPERTY ASSESSMENTS CAUSED BY SUCH DISASTER, 39 SHALL BE A STATE CHARGE, WHICH SHALL BE PAYABLE PURSUANT TO THIS 40 SECTION. 41 2. A REAL PROPERTY TAX JURISDICTION SEEKING A GRANT PURSUANT TO THIS 42 SECTION SHALL SUBMIT AN APPLICATION THEREFOR TO THE COMMISSIONER. THE 43 APPLICATION SHALL INCLUDE SUCH INFORMATION AS THE COMMISSIONER SHALL 44 REQUIRE. 45 3. UPON APPROVING AN APPLICATION FOR A GRANT PURSUANT TO THIS SECTION, 46 THE COMMISSIONER SHALL COMPUTE AND CERTIFY TO THE REAL PROPERTY TAX 47 JURISDICTION THE AMOUNT PAYABLE TO SUCH JURISDICTION UPON THE AUDIT AND 48 WARRANT OF THE STATE COMPTROLLER FROM VOUCHERS CERTIFIED AND APPROVED BY 49 THE COMMISSIONER. 50 S 2. This act shall take effect immediately. 51 S 4. Severability clause. If any clause, sentence, paragraph, subdivi- 52 sion, section or part of this act shall be adjudged by any court of A. 10492 15 1 competent jurisdiction to be invalid, such judgment shall not affect, 2 impair or invalidate the remainder thereof, but shall be confined in its 3 operation to the clause, sentence, paragraph, subdivision, section or 4 part thereof directly involved in the controversy in which such judgment 5 shall have been rendered. It is hereby declared to be the intent of the 6 legislature that this act would have been enacted even if such invalid 7 provisions had not been included herein. 8 S 5. This act shall take effect immediately; provided, however, that 9 the applicable effective date of Parts A through I of this act shall be 10 as specifically set forth in the last section of such Parts.