New York A 1601: Restricts the formation of new development agencies in Erie county

Bill Text

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A01601 Summary:

BILL NOA01601 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORRivera

&nbsp

COSPNSR

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MLTSPNSR

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Amd §§891-a, 898-a, 901-a, 914-a & 925-v, Gen Muni L

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Restricts the formation of new development agencies in Erie County; limits the authority of town industrial development agencies located within Erie County to exempt certain taxes.

Go to top A01601 Actions:

BILL NOA01601 

&nbsp

01/10/2025referred to local governments

01/07/2026referred to local governments

Go to topA01601 Committee&nbspVotes:

Go to topA01601 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA01601 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 1601

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 10, 2025
 ___________

 Introduced by M. of A. RIVERA -- read once and referred to the Committee
 on Local Governments

 AN ACT to amend the general municipal law, in relation to restricting
 the formation of new development agencies in Erie county

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Section 891-a of the general municipal law is amended by
 2 adding a new subdivision 3 to read as follows:
 3 3. (a) Notwithstanding the provisions of section eight hundred fifty-
 4 six of this article or any other law, rule or regulation to the contra-
 5 ry, no new industrial development agency may be formed within Erie coun-
 6 ty.
 7 (b) Notwithstanding the provisions of section eight hundred seventy-
 8 four of this article or any other law, rule or regulation to the contra-
 9 ry, within Erie county, only projects that are undertaken by the Erie
 10 County Industrial Development Agency:
 11 (1) May be exempt from the four percent sales and compensating use tax
 12 imposed for the benefit of New York state by article twenty-eight of the
 13 tax law;
 14 (2) May be exempt from the three percent, additional one percent and
 15 the additional three-quarters of one percent sales and compensating use
 16 tax imposed by section twelve hundred ten of the tax law;
 17 (3) May be exempt from real property taxes imposed by the county of
 18 Erie, provided however, county real property tax relief may be granted
 19 by a town industrial development agency for projects located within such
 20 town, if the Erie County Industrial Development Agency consents on a
 21 project by project basis by resolution at a regular or special meeting
 22 to such real property tax exemption;
 23 (4) May be exempt from real property taxes imposed by a village,
 24 provided however, village real property tax relief may be granted on a
 25 project by project basis by a town industrial development agency for
 26 projects located within a village which is part of such town, if such
 27 village consents by a resolution duly adopted at a regular or special
 28 meeting of such village board to such real property tax exemption;

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD03058-01-5

 A. 1601 2

 1 (5) May be exempt from real property taxes imposed by a school
 2 district, provided however, school district real property tax relief may
 3 be granted on a project by project basis by a town industrial develop-
 4 ment agency for projects located within a school district which is part
 5 of such town, if such school district consents by a resolution duly
 6 adopted at a regular or special meeting of the board of such school
 7 district to such real property tax exemption; and
 8 (6) May be exempt from the mortgage recording tax imposed by article
 9 eleven of the tax law.
 10 (c) Notwithstanding any law, rule or regulation to the contrary, town
 11 industrial development agencies within Erie county are authorized to
 12 enter into cooperative agreements with the Erie County Industrial Devel-
 13 opment Agency whereby the rights, obligations, duties, and assets of
 14 such town industrial development agency are transferred in whole or in
 15 part to the Erie County Industrial Development Agency so long any pledge
 16 that may have been provided by the state, such municipality, or such
 17 town industrial development agency pursuant to the provisions of section
 18 eight hundred s