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NY S00089

Bill

Official Source

Status

Introduced

1/4/2023

Primary Sponsor

Sean Ryan

Click for details

Origin

Senate

2023-2024 General Assembly

AI Summary

  • Amends General Municipal Law by adding Section 889 to prohibit town, city, or county industrial development agencies from entering into agreements requiring payment in lieu of taxes or waiving any tax that would be received by a school district

  • Applies to all tax waivers or payment-in-lieu-of-tax agreements involving school district revenue

  • Takes effect immediately upon enactment

Legislative Description

Prohibits a town, city, or county industrial development agency from waiving taxes which would be received by a school district.

Last Action

REFERRED TO LOCAL GOVERNMENT

1/3/2024

Committee Referrals

Local Government1/4/2023

Full Bill Text

No bill text available