S T A T E O F N E W Y O R K
________________________________________________________________________
 
6408--A
 
2009-2010 Regular Sessions
 
I N A S S E M B L Y
 
March 3, 2009
___________
 
Introduced by M. of A. ORTIZ, BROOK-KRASNY, LUPARDO -- Multi-Sponsored
by -- M. of A. BENEDETTO, BOYLAND, GOTTFRIED, JOHN, MAGEE, PHEFFER,
TOWNS -- read once and referred to the Committee on Agriculture --
recommitted to the Committee on Agriculture in accordance with Assem-
bly Rule 3, sec. 2 -- committee discharged, bill amended, ordered
reprinted as amended and recommitted to said committee
 
AN ACT to amend the New York state urban development corporation act, in
relation to financing the transportation and distribution of foods
grown in New York state for delivery to food service institutions and
underserved markets
 
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
 
1 Section 1. Subdivision 1 of section 16-m of section 1 of chapter 174
2 of the laws of 1968, constituting the New York state urban development
3 corporation act, is amended by adding a new paragraph (l) to read as
4 follows:
5 (L) LOANS, LOAN GUARANTEES, INTEREST SUBSIDIES AND GRANTS INCLUDING
6 INTEREST SUBSIDY GRANTS TO LOCAL OR REGIONAL ORGANIZATIONS TO FINANCE
7 TRANSPORTATION AND DISTRIBUTION PROJECTS THAT FACILITATE DISTRIBUTION
8 AND SALES OF NEW YORK FARM PRODUCTS BY FARMERS AND ASSOCIATIONS OF FARM-
9 ERS TO FOOD AND FOOD SERVICES BUYERS AND PROCESSORS, SUCH AS RESTAU-
10 RANTS, SCHOOLS, FOOD RETAILERS, FARMERS' MARKETS, COLLEGES AND OTHER
11 INSTITUTIONAL OPERATIONS ESPECIALLY IN URBAN AND OTHER COMMUNITIES WHERE
12 THERE HAS BEEN A LACK OF AVAILABILITY OF SUCH PRODUCTS. LOANS, LOAN
13 GUARANTEES AND INTEREST SUBSIDY GRANTS MAY BE USED TO FINANCE NEW
14 CONSTRUCTION, RENOVATION OR LEASEHOLD IMPROVEMENTS AND THE ACQUISITION
15 OF LAND, BUILDINGS, MACHINERY AND EQUIPMENT.
16 S 2. This act shall take effect immediately; provided that the amend-
17 ments to section 16-m of section 1 of chapter 174 of the laws of 1968,
18 constituting the New York state urban development corporation act, made
19 by section one of this act, shall expire on the same date as such
20 section and shall be deemed to expire therewith.
 
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD09940-02-0