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NY A04927

Bill

Status

Introduced

2/10/2025

Primary Sponsor

Harry Bronson

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Prohibits town, city, or county industrial development agencies (IDAs) from entering into Payment in Lieu of Taxes (PILOT) agreements that would affect taxes owed to school districts

  • Bars these local IDAs from waiving any other taxes where the tax revenue would otherwise go to a school district

  • Adds new section 889 to the General Municipal Law establishing these restrictions

  • Takes effect immediately upon passage

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 education

1/7/2026

Committee Referrals

Education2/10/2025

Full Bill Text

No bill text available