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NY A08326
Bill
Status
Introduced
12/13/2023
Primary Sponsor
Michaelle Solages
Click for details
AI Summary
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Amends the General Municipal Law by adding Section 863 to prohibit county industrial development agencies from offering any incentives within municipalities that have their own industrial development agency.
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Defines prohibited incentives as including financial assistance, tax incentives, payments in lieu of taxes, funding, or any other incentive.
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Takes effect two years after becoming law.
Legislative Description
Disallows county industrial development agencies from offering incentives in municipalities which have their own industrial development agency.
Last Action
referred to local governments
1/3/2024
Committee Referrals
Local Governments12/13/2023
Full Bill Text
No bill text available