Assembly Actions -
Senate Actions - UPPERCASE
|Jan 04, 2023||
referred to local government
Senate Bill S127
2023-2024 Legislative Session
Current Bill Status - In Senate Committee Local Government Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2023-S127 (ACTIVE) - Details
2023-S127 (ACTIVE) - Sponsor Memo
BILL NUMBER: S127 SPONSOR: RYAN TITLE OF BILL: An act to amend the general municipal law, in relation to prohibiting the use of funds, financial incentives or subsidies where facilities or property are used primarily for e-commerce storage and transfers, or the facilitation thereof PURPOSE: The purpose of this bill is to prevent industrial development agencies from providing subsidies to large multi-national corporations to build storage and warehouse facilities. SUMMARY OF PROVISIONS: Section 1 amends section 862 of the general municipal law to include a new subdivision, subdivision 3, which would prohibit industrial develop- ment agencies from giving funds, financial incentives, and subsidies to any project where facilities or property are used primarily for e-com-
2023-S127 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 127 2023-2024 Regular Sessions I N S E N A T E (PREFILED) January 4, 2023 ___________ Introduced by Sen. RYAN -- 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 prohibiting the use of funds, financial incentives or subsidies where facilities or property are used primarily for e-commerce storage and transfers, or the facilitation thereof 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 WHERE FACILITIES OR PROPERTY ARE USED PRIMARILY FOR ELECTRONIC COMMERCE (E-COMMERCE) STORAGE AND TRANSFERS, OR THE FACILITATION THEREOF. § 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01855-01-3
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