New York Senate Bill S09545 Latest Draft

   
  STATE OF NEW YORK ________________________________________________________________________ 9545  IN SENATE May 16, 2024 ___________ Introduced by Sen. CLEARE -- read twice and ordered printed, and when printed to be committed to the Committee on Commerce, Economic Devel- opment and Small Business AN ACT to authorize the empire state development corporation to create funds to compensate communities that have been harmed by land use plans The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. Notwithstanding any provision of law, rule or regulation to 2 the contrary, the empire state development corporation is authorized to 3 create funds to compensate communities that have been harmed by land use 4 plans. As used in this section, "harm" includes, but is not limited to, 5 the closing of small businesses, increased rents, and displacement. 6 § 2. This act shall take effect immediately. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD15644-01-4