NY A08675 | 2019-2020 | General Assembly

Status

Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on October 23 2019 - 25% progression
Action: 2019-10-23 - 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.

Tracking Information

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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

DateChamberAction
2019-10-23Assemblyreferred to economic development

New York State Sources


Bill Comments

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