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A00835 Summary:

BILL NOA00835
 
SAME ASSAME AS S02384
 
SPONSORKim
 
COSPNSRLucas, Seawright, Reyes
 
MLTSPNSR
 
Amd §353, Ec Dev L
 
Requires a business entity in violation of worker protection or environmental laws and regulations to surrender all previous state subsidies issued to such business entity.
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A00835 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                           835
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                       (Prefiled)
 
                                     January 8, 2025
                                       ___________
 
        Introduced  by  M.  of  A. KIM, LUCAS, SEAWRIGHT, REYES -- read once and
          referred to the Committee on Economic Development
 
        AN ACT to amend the economic development law, in relation to the  eligi-
          bility criteria for the excelsior jobs program act

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Subdivision 6 of section 353 of  the  economic  development
     2  law,  as  amended  by  section  2 of part G of chapter 61 of the laws of
     3  2011, is amended to read as follows:
     4    6. A business entity must be in compliance with all worker  protection
     5  and  environmental  laws and regulations. In addition, a business entity
     6  may not owe past due state taxes or local property taxes. In  the  event
     7  that  a business entity is found to have violated such worker protection
     8  or environmental laws and regulations, pending a full audit by the state
     9  comptroller, the state shall order the surrender of all  previous  state
    10  subsidies issued to such business entity.
    11    § 2. This act shall take effect immediately.
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD01858-01-5
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