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NY S07190
Bill
Status
6/9/2021
Primary Sponsor
Kevin Thomas
Click for details
AI Summary
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Amends General Municipal Law Section 922 to require the Nassau County Industrial Development Agency to adopt guidelines for PILOT (payment in lieu of taxes) agreements in the village of Hempstead
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Guidelines for Hempstead PILOT agreements must be approved by the village of Hempstead's governing body before the agency can approve any such projects
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Maintains existing consultation requirements with the village's chief executive officer and governing body prior to PILOT agreement approval
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Requires an impact analysis to determine project effects on the village, with costs borne by the applicant and conducted by a jointly-selected qualified entity
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Takes effect immediately upon enactment
Legislative Description
Amends the approval process for projects of the Nassau county industrial development agency in the village of Hempstead; provides that the IDA adopt guidelines, approved by the governing body of the village with respect to approval of projects within Hempstead.
Last Action
REFERRED TO LOCAL GOVERNMENT
1/5/2022