NY A02007

Requires the Department of State to provide technical assistance to municipalities that have experienced a college or university closure, upon the municipality's request

Mandates cooperation between the Department of State, Department of Economic Development, and Department of Education in delivering this assistance

Covers workforce transition and development support, as well as attracting new employers and economic opportunities to affected communities

Includes assistance with developing plans for repurposing land and buildings formerly occupied by the closed institution

Provides recommendations and planning help for dealing with creditors and entities with financial interests in the college's assets, though the state cannot become a party to any related legal proceedings