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NY S05171
Bill
Status
Introduced
2/19/2025
Primary Sponsor
James Skoufis
Click for details
AI Summary
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Prohibits industrial development agencies from providing funds, financial incentives, or subsidies to any project where the project occupant is not publicly disclosed at the required public hearing
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Bars granting tax exemptions to projects if the project occupant has not been publicly identified at the time of the public hearing
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Requires transparency by mandating disclosure of who will actually occupy or benefit from publicly-subsidized development projects before approval
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Takes effect immediately upon passage
Legislative Description
Prevents the use of funds, financial incentives, subsidies or tax exemptions for projects where the occupier of the project is not disclosed.
Last Action
REFERRED TO LOCAL GOVERNMENT
1/7/2026
Committee Referrals
Local Government2/19/2025
Full Bill Text
No bill text available