Bill A09144 Summary

• Establishes ten regional industrial development agencies, one for each designated region of New York State (Long Island, New York City, Mid-Hudson, Southern Tier, Capital Region, Mohawk Valley, North Country, Central Region, Finger Lakes, and Western Region).

• Requires existing municipal industrial development agencies to consolidate into their corresponding regional agency.

• Expands regional agency boards from 3-7 members to 15 members appointed by counties within each region in proportion to population, with each county guaranteed at least one representative.

• Modifies project approval authority to allow regional agencies to undertake projects anywhere within their region, with consent from affected municipalities and corresponding regional agencies for cross-regional projects.

• Repeals provisions of the former municipal industrial development agency structure, including sections governing individual agency establishment, organization, and dissolution procedures.