S T A T E O F N E W Y O R K
________________________________________________________________________
835
2025-2026 Regular Sessions
I N A S S E M B L Y
(PREFILED)
January 8, 2025
___________
Introduced by M. of A. KIM, LUCAS, SEAWRIGHT, REYES -- read once and
referred to the Committee on Economic Development
AN ACT to amend the economic development law, in relation to the eligi-
bility criteria for the excelsior jobs program act
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:
Section 1. Subdivision 6 of section 353 of the economic development
law, as amended by section 2 of part G of chapter 61 of the laws of
2011, is amended to read as follows:
6. A business entity must be in compliance with all worker protection
and environmental laws and regulations. In addition, a business entity
may not owe past due state taxes or local property taxes. IN THE EVENT
THAT A BUSINESS ENTITY IS FOUND TO HAVE VIOLATED SUCH WORKER PROTECTION
OR ENVIRONMENTAL LAWS AND REGULATIONS, PENDING A FULL AUDIT BY THE STATE
COMPTROLLER, THE STATE SHALL ORDER THE SURRENDER OF ALL PREVIOUS STATE
SUBSIDIES ISSUED TO SUCH BUSINESS ENTITY.
§ 2. This act shall take effect immediately.
EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
[ ] is old law to be omitted.
LBD01858-01-5