senate Bill S8959

2019-2020 Legislative Session

Relates to disallowing county industrial development agencies from offering incentives in municipalities which have their own industrial development agency

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Rules Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

view actions (1)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 02, 2020 referred to rules

S8959 (ACTIVE) - Details

See Assembly Version of this Bill:
A11029
Current Committee:
Senate Rules
Law Section:
General Municipal Law
Laws Affected:
Add §863, Gen Muni L

S8959 (ACTIVE) - Summary

Disallows county industrial development agencies from offering incentives in municipalities which have their own industrial development agency.

S8959 (ACTIVE) - Sponsor Memo

S8959 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8959
 
                             I N  S E N A T E
 
                             September 2, 2020
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Rules
 
 AN ACT to amend the general municipal law, in  relation  to  disallowing
   county  industrial  development  agencies  from offering incentives in
   municipalities which have their own industrial development agency

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  general  municipal  law  is  amended by adding a new
 section 863 to read as follows:
   § 863. RESTRICTIONS ON INCENTIVES. NO COUNTY AGENCY  SHALL  OFFER  ANY
 INCENTIVES,  INCLUDING,  BUT  NOT  LIMITED TO, FINANCIAL ASSISTANCE, TAX
 INCENTIVES, PAYMENTS IN LIEU OF TAXES, FUNDING, OR ANY OTHER  INCENTIVE,
 IN  A MUNICIPALITY LOCATED WITHIN THE COUNTY WHERE SUCH MUNICIPALITY HAS
 ITS OWN AGENCY.
   § 2. This act shall take effect two years after it shall have become a
 law.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD15622-01-0


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