New York S 3755: Authorizes the empire state development corporation to create funds to compensate communities that have been harmed by land use plans

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 Speaker Carl E. Heastie

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S03755 Summary:

BILL NOS03755 

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SAME ASNo Same As

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SPONSORCLEARE

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COSPNSR

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MLTSPNSR

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Authorizes the empire state development corporation to create funds to compensate communities that have been harmed by land use plans.

Go to top S03755 Actions:

BILL NOS03755 

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01/29/2025REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

01/07/2026REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS

Go to topS03755 Committee&nbspVotes:

Go to topS03755 Floor&nbspVotes:

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

Go to topS03755 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3755

 2025-2026 Regular Sessions

 IN SENATE

 January 29, 2025
 ___________

 Introduced by Sen. CLEARE -- read twice and ordered printed, and when
 printed to be committed to the Committee on Commerce, Economic Devel-
 opment and Small Business

 AN ACT to authorize the empire state development corporation to create
 funds to compensate communities that have been harmed by land use
 plans

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

 1 Section 1. Notwithstanding any provision of law, rule or regulation to
 2 the contrary, the empire state development corporation is authorized to
 3 create funds to compensate communities that have been harmed by land use
 4 plans. As used in this section, "harm" includes, but is not limited to,
 5 the closing of small businesses, increased rents, and displacement.
 6 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08138-01-5

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