Allocates $1,600,000 from gaming device funds to Niagara County for economic development in Niagara Falls.
The bill amends the state finance law to ensure $1,600,000 from funds received by the state from gaming devices in Niagara County is transferred to the Niagara County Industrial Development Agency. This money will be used for economic development initiatives in the city of Niagara Falls, including building rehabilitation, signage installation, employee training, and industry-related machinery installation. The funds will not cover general city obligations and responsibilities.
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