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NY A08749
Bill
Status
6/2/2025
Primary Sponsor
Jodi Giglio
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AI Summary
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Requires land set aside for parks in subdivision or site plan approvals to be held in public trust, restricted exclusively to park, playground, or recreational use
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Mandates developers deposit money equal to 20% of the land's value or 20% of the town's projected improvement costs (whichever is greater), capped at 30% of land value, into a trust fund for park development
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Expands allowable uses of park trust funds beyond property acquisition to include improvement, expansion, repair, replacement of facilities and equipment, design and construction costs, and ongoing management and maintenance
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Applies to both subdivision plat approvals under Town Law Section 277 and site plan approvals under Town Law Section 274-a
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Maintains existing provisions allowing towns to require money payments in lieu of land when suitable park locations cannot be properly located on a development site
Legislative Description
Relates to the use of certain park funds required by a planning board in lieu of land for parks for the costs associated with the acquisition of property, improvement, expansion, repair or replacement of parks, playgrounds, and recreational facilities and equipment, general maintenance of parks and recreational facilities.
Last Action
referred to local governments
1/7/2026