· NY legislature · 2025-2026

Requires the return of certain financial assistance provided for a project where the project has material shortfalls or material violations and preventing the use of incentives for projects already in development

Requires the return of all or a part of the financial assistance provided for a project where the project has material shortfalls or material violations; prevents the use of funds, financial incentives, subsidies or tax exemptions for projects already in development.

Sponsor

Bill Magnarelli (D-NY)

Introduced

2025-01-08

Policy area

Economics and Public Finance

Latest action

REFERRED TO LOCAL GOVERNMENTS