Bill Text: NY S04053 | 2013-2014 | General Assembly | Amended

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Bill Title: Provides grants to owners of small businesses to rebuild storefronts severely damaged by Hurricane Sandy.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2014-02-21 - PRINT NUMBER 4053A [S04053 Detail]

Download: New_York-2013-S04053-Amended.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                        4053--A
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                     March 6, 2013
                                      ___________
       Introduced  by  Sen. ADDABBO -- read twice and ordered printed, and when
         printed to be committed to the Committee on Finance -- recommitted  to
         the  Committee  on Finance in accordance with Senate Rule 6, sec. 8 --
         committee discharged, bill amended, ordered reprinted as  amended  and
         recommitted to said committee
       AN  ACT  to amend the state finance law, in relation to providing grants
         to rebuild storefronts damaged by Hurricane Sandy
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Definitions.  For the purposes of this act, the following
    2  terms shall have the following meanings:
    3    1. "Severely damaged storefront" shall mean a storefront of a property
    4  which was damaged as a result  of  Hurricane  Sandy  and  the  costs  of
    5  repairs to rebuild such storefront total ten thousand dollars or more.
    6    2.  "Hurricane  Sandy"  shall  mean the storms, rains, or floods which
    7  occurred during the period beginning on  October  29,  2012  and  ending
    8  November 3, 2012.
    9    3.  "Small  business"  shall mean any business which is located within
   10  this state, independently owned and operated, and employs fifty or fewer
   11  individuals.
   12    S 2. Storefront repair program. 1. Notwithstanding any other provision
   13  of law, an owner of a small business  who,  as  a  result  of  Hurricane
   14  Sandy,  sustained  a severely damaged storefront shall be eligible for a
   15  grant of ten thousand dollars to repair, rehabilitate, or  replace  such
   16  storefront.
   17    2.  Application  by  a  small  business  owner for a grant pursuant to
   18  subdivision one of this section shall be made to the division  of  home-
   19  land  security  and emergency services in a manner and form to be deter-
   20  mined by such division. Such  application  shall  include,  but  not  be
   21  limited to:
   22    a. proof that the business operated by the owner is a small business;
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD09341-02-4
       S. 4053--A                          2
    1    b. proof that the business was operated prior to Hurricane Sandy;
    2    c.  proof  that  the  damage sustained to the storefront was caused by
    3  Hurricane Sandy;
    4    d. proof that the storefront is a severely damaged storefront; and
    5    e. any other information that such division deems relevant.
    6    3. Application for a grant authorized by this act shall be made on  or
    7  before July 1, 2015.
    8    S  3. The state finance law is amended by adding a new section 99-v to
    9  read as follows:
   10    S 99-V. HURRICANE SANDY STOREFRONT REPAIR FUND.  1.  THERE  IS  HEREBY
   11  ESTABLISHED IN THE JOINT CUSTODY OF THE COMPTROLLER AND THE COMMISSIONER
   12  OF  TAXATION  AND  FINANCE  A SPECIAL FUND TO BE KNOWN AS THE "HURRICANE
   13  SANDY STOREFRONT REPAIR FUND".
   14    2. THE SOURCE OF FUNDS SHALL CONSIST OF ALL MONEYS COLLECTED THEREFOR,
   15  OR MONEYS CREDITED, APPROPRIATED OR TRANSFERRED THERETO FROM  ANY  OTHER
   16  FUND  OR  SOURCE PURSUANT TO LAW, OR ANY OTHER MONEYS MADE AVAILABLE FOR
   17  THE PURPOSES OF THE FUND. ANY INTEREST RECEIVED BY  THE  COMPTROLLER  ON
   18  MONEYS  ON  DEPOSIT  SHALL BE RETAINED IN AND BECOME A PART OF THE FUND,
   19  UNLESS OTHERWISE DIRECTED BY LAW.
   20    3. FOLLOWING APPROPRIATION BY THE  LEGISLATURE,  MONEYS  IN  THE  FUND
   21  SHALL  BE  AVAILABLE FOR GRANTS AUTHORIZED BY THE CHAPTER OF THE LAWS OF
   22  TWO THOUSAND THIRTEEN WHICH ADDED THIS SECTION TO REPAIR,  REHABILITATE,
   23  OR REPLACE ELIGIBLE STOREFRONTS DAMAGED BY HURRICANE SANDY.
   24    4.  THE  MONEYS OF THE FUND SHALL BE PAID OUT ON THE AUDIT AND WARRANT
   25  OF THE COMPTROLLER ON VOUCHERS CERTIFIED OR APPROVED BY THE DIVISION  OF
   26  HOMELAND SECURITY AND EMERGENCY SERVICES.
   27    S 4. This act shall take effect immediately.