· NY legislature · 2025-2026

Authorizes recoupment of financial incentives awarded businesses upon failure to fulfill the terms of such incentive

Authorizes recoupment by the state or any political subdivision of financial incentives such as awards, loans, grants or tax abatements, awarded businesses for purposes of job training, job creation or retention, or the development of business operations, upon recipient's failure to complete the terms of the incentive.

Sponsor

April Baskin (D-NY)

Introduced

2026-03-19

Latest action

REFERRED TO FINANCE