Senate Bill S1969

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1969
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 14, 2025
                                ___________
 
 Introduced  by  Sen.  MURRAY -- 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  requiring
   industrial  development  agencies to only include jobs filled by resi-
   dents of New York  state  when  assessing  the  progress  of  projects
   provided financial assistance
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Paragraph (f) of subdivision 4  of  section  859-a  of  the
 general  municipal  law, as added by chapter 563 of the laws of 2015, is
 amended to read as follows:
   (f) the projected number of full time equivalent jobs  that  would  be
 retained  and that would be created if the request for financial assist-
 ance is granted, the projected timeframe for the creation of  new  jobs,
 the  estimated  salary and fringe benefit averages or ranges for catego-
 ries of the jobs that would be retained or created if  the  request  for
 financial  assistance  is  granted,  [and]  an estimate of the number of
 residents of the economic development region as established pursuant  to
 section  two hundred thirty of the economic development law or the labor
 market area as defined by the agency, in which the  project  is  located
 that  would  fill  such  jobs,  AND  A STATEMENT ACKNOWLEDGING THAT JOBS
 FILLED BY NON-RESIDENTS OF NEW YORK STATE SHALL  NOT  BE  INCLUDED  WHEN
 ASSESSING  THE  PROGRESS TOWARD ACHIEVING THE OBJECTIVES OF THE PROJECT.
 The labor market area defined by the agency for this purpose may include
 no more than six contiguous counties in the state, including the  county
 in which the project is to be located;
   §  2.  Paragraph  (b) of subdivision 6 of section 859-a of the general
 municipal law, as added by chapter 563 of the laws of 2015,  is  amended
 to read as follows:
   (b)  require each project owner, occupant or operator receiving finan-
 cial benefits to provide annually a certified statement  and  documenta-
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01500-01-5
              

 S. 1969                             2
 
 tion:    (i)  enumerating the full time equivalent jobs retained and the
 full time equivalent jobs created, FOR NEW YORK STATE  RESIDENTS,  as  a
 result  of  the  financial  assistance, by category, including full time
 equivalent  independent contractors or employees of independent contrac-
 tors that work at the project location, and  (ii)  indicating  that  the
 salary  and  fringe  benefit  averages  or ranges for categories of jobs
 retained and jobs created that was provided in the application is  still
 accurate  and  if  it is not still accurate, providing a revised list of
 salary and fringe benefit averages or  ranges  for  categories  of  jobs
 retained  and  jobs created.   FOR THE PURPOSES OF THIS PARAGRAPH, POSI-
 TIONS FILLED BY NON-RESIDENTS OF NEW YORK STATE SHALL NOT BE INCLUDED IN
 THE NUMBER OF JOBS RETAINED OR CREATED.
   § 3. This act shall take effect on the one hundred twentieth day after
 it shall have become a law.