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- Referred to local government
- Referred to local government
Companion bill
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Establishes the city of White Plains industrial development agency and provides for its functions, powers, and duties
In Assembly Committee · Local Governments · Sponsor Amy Paulin
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S2320
Title of bill
An act to amend the general municipal law, in relation to the establishment of the White Plains industrial development agency
Purpose or general idea of bill
Establishes the City of White Plains industrial development agency and provides for its functions, powers, and duties.
Summary of specific provisions
Section 1 of the bill adds a new section 902-d to the General Municipal Law, creating the City of White Plains Industrial Development Agency. This section further provides that the powers of the IDA with respect to the acquisition of real property by purchase will be limited to the corporate limits of the City of White Plains.
Justification
Municipalities may not form IDAs unless specifically authorized by the General Municipal Law. Currently, more than fifty local governments in New York State have authorized IDAs under the General Municipal Law. Industrial Development Agencies in New York State are created to promote the economic welfare and prosperity of the inhabitants of a municipality or county. Further, it is their function to actively attract and encourage development in the area in question. This legislation establishes the formation of an Industrial Development Agency in the City of White Plains. The City has requested this legislation in an effort to promote economic and recreational opportunities for its residents.
Legislative history
A.1282 of 2013 and 2014, referred to local governments. A.143, 2011 and 2012 referred to local governments. A.1021 of 2009 and 2010, referred to local governments. A.7205 of 2007 and 2008, referred to local governments. A.1774, 2005 and 2006 referred to local governments. A.2205 of 2003 and 2004, referred to local governments. A.8546 of 2002, referred to local government. Same as S.3717 of 2013 and 2014, advanced to third reading in 2013 and referred to local government in 2014. S.3797 of 2011 and 2012, advanced to third reading in 2011 and referred to local government in 2012.
Fiscal implications
None to the state, possible administrative costs to the City of White Plains which should be offset by the increased economic development.
Effective date
Immediate.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.