UPSTATE REVITALIZATION (CCP) ……………………….. 1,500,000,000
20 ————–
21 Capital Projects Funds – Other
22 Dedicated Infrastructure Investment Fund
23 Infrastructure Investment Account
24 Upstate Revitalization Purpose
The sum of $1,500,000,000 is hereby appropriated for the upstate revitalization initiative. Funds appropriated herein shall be for services and expenses, loans, grants, workforce development, business and tourism plan development, costs associated with program administration, and the payment of personal services, nonpersonal services and contract services provided by private firms to support economic development projects, including the payment of liabilities incurred prior to April 1, 2015. Funding will be pursuant to a plan developed by the chief executive officer of the New York state urban development corporation and based on a competitive selection process among the regional economic development councils (R.E.D.C’s) and will support initiatives based on anticipated job creation and economic development benefits. Such moneys will be awarded by the New York state urban development corporation at its discretion. All or a portion of the funds appropriated hereby may be suballocated or transferred to any department, agency, or public authority (910115UR) ………………… 1,500,000,000
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