senate Bill S1655

2021-2022 Legislative Session

Relates to preventing the use of funds, financial incentives, subsidies or tax exemptions for projects with non-public occupants

download bill text pdf

Sponsored By

Current 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

view actions (2)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Jan 05, 2022 referred to local government
Jan 14, 2021 referred to local government

Co-Sponsors

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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 2019-2020 Legislative Session:
S4667, A7256

S1655 (ACTIVE) - Summary

Prevents the use of funds, financial incentives, subsidies or tax exemptions for projects where the occupier of the project is not disclosed.

S1655 (ACTIVE) - Sponsor Memo

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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