New York 2025-2026 Regular Session

New York Senate Bill S00655

Introduced
1/8/25  

Caption

Enacts the corporate accountability for tax expenditures act; standardizes applications for state development assistance for empire zone assistance and industrial development agency assistance; requires submission of certain development assistance agreements to the department of taxation and finance; requires recipients of certain development assistance to submit progress reports which include certain information and disclosures; makes certain recapture provisions; defines relevant terms.

Companion Bills

NY A07933

Same As Enacts the corporate accountability for tax expenditures act; standardizes applications for state development assistance for empire zone assistance and industrial development agency assistance; requires submission of certain development assistance agreements to the department of taxation and finance; requires recipients of certain development assistance to submit progress reports which include certain information and disclosures; makes certain recapture provisions; defines relevant terms.

Previously Filed As

NY S01146

Enacts the corporate accountability for tax expenditures act; standardizes applications for state development assistance for empire zone assistance and industrial development agency assistance; requires submission of certain development assistance agreements to the department of taxation and finance; requires recipients of certain development assistance to submit progress reports which include certain information and disclosures; makes certain recapture provisions; defines relevant terms.

NY A02612

Enacts the corporate accountability for tax expenditures act; standardizes applications for state development assistance for empire zone assistance and industrial development agency assistance; requires submission of certain development assistance agreements to the department of taxation and finance; requires recipients of certain development assistance to submit progress reports which include certain information and disclosures; makes certain recapture provisions; defines relevant terms.

NY A00363

Relates to certain requirements for economic development grant recipients; requires the submission of enumerated information.

NY S02909

Requires industrial development agencies to only include jobs filled by residents of New York state when assessing the progress of projects that are provided financial assistance.

NY A04923

Requires industrial development agencies to only include jobs filled by residents of New York state when assessing the progress of projects that are provided financial assistance.

NY S04868

Repeals provisions related to requiring projects be located in a highly distressed area in order to qualify for certain financial assistance from an industrial development agency.

NY A06391

Repeals provisions related to requiring projects be located in a highly distressed area in order to qualify for certain financial assistance from an industrial development agency.

NY S05407

Requires the department of economic development, job development authority, and urban development corporation to provide preferences to small businesses and entrepreneurs in the administration of their economic development assistance programs; requires annual reports thereon.

NY A05600

Requires applicants for financial assistance from industrial development agencies to provide information on the use of material and products manufactured or produced in this state and on the creation of local jobs.

NY S03310

Prohibits certain persons from receiving compensation for legal fees, consulting, or other work performed for an industrial development agency, an economic assistance corporation or state or local authority.

Similar Bills

No similar bills found.