Assembly Actions -
Senate Actions - UPPERCASE
|Jan 03, 2024
referred to local government
|Feb 01, 2023
referred to local government
Senate Bill S3576
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-S3576 (ACTIVE) - Details
2023-S3576 (ACTIVE) - Sponsor Memo
BILL NUMBER: S3576 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: 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 the time of the required public hearing for the project.
2023-S3576 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3576 2023-2024 Regular Sessions I N S E N A T E February 1, 2023 ___________ Introduced by Sens. SKOUFIS, 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. LBD04551-01-3
Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.
Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.
Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.