S 4240

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: June 5, 2026.

Provides for recovery of economic development awards in cases where the recipient relocates outside the state.

Bill ID NY-2025-2026-S-4240
Session 2025-2026
Status in_committee
Committee Rules
Senate in_committee 2026-06-05
Summary

Provides for the recovery of an economic development award in any case where a recipient relocates outside the state within five years of receiving such award; requires repayment of any such award shall be made pursuant to the timeframe specified in the award agreement.

Sponsor
Kevin S. Parker
Official Source Back to Bills
Actions Timeline
Date Event Detail
2025-02-03 Introduced Bill introduced
2026-06-05 Status in_committee
2026-06-05 Latest Action In Senate Committee
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