Assembly Actions - Lowercase Senate Actions - UPPERCASE |
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Jan 05, 2022 | referred to local government |
Jan 14, 2021 | referred to local government |
senate Bill S1655
Sponsored By
James Skoufis
(D) 42nd Senate District
Archive: Last Bill Status - In Senate Committee Local Government Committee
- Introduced
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
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Actions
Co-Sponsors
Alessandra Biaggi
(D, WF) 0 Senate District
Anna M. Kaplan
(D, IP, WF) 0 Senate District
Liz Krueger
(D, WF) 28th Senate District
Mike Martucci
(R, C) 0 Senate District
S1655 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A5200
- Current Committee:
- Senate Local Government
- Law Section:
- General Municipal Law
- Laws Affected:
- Amd §§862 & 874, Gen Muni L
- Versions Introduced in Other Legislative Sessions:
-
2019-2020: S4667, A7256
2023-2024: S3576
S1655 (ACTIVE) - Sponsor Memo
BILL NUMBER: S1655 SPONSOR: SKOUFIS TITLE OF BILL: An act to amend the general municipal law, in relation to preventing the use of funds, financial incentives, subsidies or tax exemptions for project occupants which are not public PURPOSE OR GENERAL IDEA OF BILL: This bill would prohibit industrial development agencies (IDAs) from giving financial assistance to projects where the project occupant is kept secret from the public. Taxpayers should know which companies their money is going to support. SUMMARY OF PROVISIONS: Section 1: Adds a new subdivision to section 862 of the general munici- pal law stating that IDAs may not give financial incentives or subsidies to a project in which the project occupant is not publicly disclosed at
S1655 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 1655 2021-2022 Regular Sessions I N S E N A T E January 14, 2021 ___________ Introduced by Sens. SKOUFIS, BIAGGI, KAPLAN, KRUEGER, MAYER -- read twice and ordered printed, and when printed to be committed to the Committee on Local Government AN ACT to amend the general municipal law, in relation to preventing the use of funds, financial incentives, subsidies or tax exemptions for project occupants which are not public THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 862 of the general municipal law is amended by adding a new subdivision 3 to read as follows: (3) NO FUNDS, FINANCIAL INCENTIVES OR SUBSIDIES OF THE AGENCY SHALL BE USED IN RESPECT OF ANY PROJECT IN WHICH THE PROJECT OCCUPANT AS DEFINED IN SECTION EIGHTEEN HUNDRED ONE OF THE PUBLIC AUTHORITIES LAW IS NOT PUBLICLY DISCLOSED AT THE TIME OF THE PUBLIC HEARING FOR THE PROJECT REQUIRED BY SUBDIVISION TWO OF SECTION EIGHT HUNDRED FIFTY-NINE-A OF THIS TITLE. § 2. Section 874 of the general municipal law is amended by adding a new subdivision 13 to read as follows: (13) NO TAX EXEMPTIONS SHALL BE GRANTED TO ANY PROJECT IF THE PROJECT OCCUPANT AS DEFINED IN SECTION EIGHTEEN HUNDRED ONE OF THE PUBLIC AUTHORITIES LAW IS NOT PUBLICLY DISCLOSED AT THE TIME OF THE PUBLIC HEARING FOR THE PROJECT REQUIRED BY SUBDIVISION TWO OF SECTION EIGHT HUNDRED FIFTY-NINE-A OF THIS TITLE. § 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD05814-01-1
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