Prohibits industrial development agencies from incentivizing movements within the state where any plant, facility, or personnel of the project occupant are abandoned or removed.
STATE OF NEW YORK
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4674
2019-2020 Regular Sessions
IN SENATE
March 20, 2019
___________
Introduced by Sens. SKOUFIS, MAYER -- read twice and ordered printed,
and when printed to be committed to the Committee on Local Government
AN ACT to amend the general municipal law, in relation to prohibiting
industrial development agencies from incentivizing movements within
the state
The People of the State of New York, represented in Senate and Assem-bly, do enact as follows:
1 Section 1. Subdivision 1 of section 862 of the general municipal law,
2 as amended by section 1 of part J of chapter 59 of the laws of 2013, is
3 amended to read as follows:
4 (1) No funds of the agency shall be used in respect of any project if
5 the completion thereof would result in the removal of [an industrial or
6 manufacturing] any plant, facility or personnel of the project occupant
7 from one area of the state to another area of the state [or], in the
8 abandonment of one or more plants or facilities of the project occupant
9 located within the state or the unemployment or relocation of any
10 personnel who are employed by the project occupant, provided, however,
11 that neither restriction shall apply if the agency shall determine on
12 the basis of the application before it that the project is reasonably
13 necessary to discourage the project occupant from removing such other
14 plant or facility to a location outside the state [or is reasonably
15 necessary to preserve the competitive position of the project occupant
16 in its respective industry].
17 § 2. This act shall take effect immediately.
EXPLANATION--Matter in italics (underscored) is new; matter in brackets
[] is old law to be omitted.
LBD10673-02-9
