New York S 3159: Relates to disallowing county industrial development agencies from offering incentives in municipalities which have their own industrial development agency

Bill Text

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S03159 Summary:

BILL NOS03159 

&nbsp

SAME ASSAME AS A05258

&nbsp

SPONSORSKOUFIS

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Add §863, Gen Muni L

&nbsp

Disallows county industrial development agencies from offering incentives in municipalities which have their own industrial development agency.

Go to top S03159 Actions:

BILL NOS03159 

&nbsp

01/23/2025REFERRED TO LOCAL GOVERNMENT

01/07/2026REFERRED TO LOCAL GOVERNMENT

Go to topS03159 Committee&nbspVotes:

Go to topS03159 Floor&nbspVotes:

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

Go to topS03159 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3159

 2025-2026 Regular Sessions

 IN SENATE

 January 23, 2025
 ___________

 Introduced by Sen. SKOUFIS -- 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 disallowing
 county industrial development agencies from offering incentives in
 municipalities which have their own industrial development agency

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

 1 Section 1. The general municipal law is amended by adding a new
 2 section 863 to read as follows:
 3 § 863. Restrictions on incentives. No county agency shall offer any
 4 incentives, including, but not limited to, financial assistance, tax
 5 incentives, payments in lieu of taxes, funding, or any other incentive,
 6 in a municipality located within the county where such municipality has
 7 its own agency.
 8 § 2. This act shall take effect two years after it shall have become a
 9 law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD07005-01-5

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