Bill Text: NY S09545 | 2023-2024 | General Assembly | Introduced

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Bill Title: Authorizes the empire state development corporation to create funds to compensate communities that have been harmed by land use plans.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2024-05-16 - REFERRED TO COMMERCE, ECONOMIC DEVELOPMENT AND SMALL BUSINESS [S09545 Detail]

Download: New_York-2023-S09545-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________

                                          9545

                    IN SENATE

                                      May 16, 2024
                                       ___________

        Introduced  by  Sen.  CLEARE -- read twice and ordered printed, and when
          printed to be committed to the Committee on Commerce, Economic  Devel-
          opment and Small Business

        AN  ACT  to authorize the empire state development corporation to create
          funds to compensate communities that have  been  harmed  by  land  use
          plans

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. Notwithstanding any provision of law, rule or regulation to
     2  the contrary, the empire state development corporation is authorized  to
     3  create funds to compensate communities that have been harmed by land use
     4  plans.  As used in this section, "harm" includes, but is not limited to,
     5  the closing of small businesses, increased rents, and displacement.
     6    § 2. This act shall take effect immediately.







         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15644-01-4