NY A01485

Expands prohibition on Industrial Development Agency (IDA) funding to prevent relocation of any plant, facility, or personnel within New York State, not just industrial or manufacturing plants.

Adds unemployment or relocation of employees to the restrictions on IDA fund use, making it unlawful to incentivize projects that result in job losses for existing workers.

Maintains existing exceptions allowing IDA funding when necessary to prevent relocation outside the state or preserve a company's competitive position due to physical, zoning, or logistical constraints at the existing site.

Applies to all project occupants regardless of industry classification, broadening the scope beyond industrial and manufacturing sectors.