NY A02594 | 2023-2024 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on January 26 2023 - 25% progression, died in committee
Action: 2024-01-03 - referred to economic development
Pending: Assembly Economic Development, Job Creation, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 26 2023 - 25% progression, died in committee
Action: 2024-01-03 - referred to economic development
Pending: Assembly Economic Development, Job Creation, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Establishes an interstate compact agreement to phase out corporate giveaways which prohibits member states from offering or providing any company-specific tax incentive or company-specific grant to any entity for a corporate headquarters, manufacturing facility, office space or other real estate development located in any other member state as an inducement for the corporate headquarters, manufacturing facility, office space or other real estate development to relocate to the offering member state.
Title
Establishes an interstate compact agreement to phase out corporate giveaways which prohibits member states from offering or providing any company-specific tax incentive or company-specific grant to any entity for a corporate headquarters, manufacturing facility, office space or other real estate development located in any other member state as an inducement for the corporate headquarters, manufacturing facility, office space or other real estate development to relocate to the offering member state.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2024-01-03 | Assembly | referred to economic development |
2023-01-26 | Assembly | referred to economic development |