S 9521

New York Senate bill in Session 2025-2026.

Status: in_committee. Latest action: March 19, 2026.

Authorizes recoupment of financial incentives awarded businesses upon failure to fulfill the terms of such incentive.

Bill ID NY-2025-2026-S-9521
Session 2025-2026
Status in_committee
Committee Finance
Senate in_committee 2026-03-19
Summary

Authorizes recoupment by the state or any political subdivision of financial incentives such as awards, loans, grants or tax abatements, awarded businesses for purposes of job training, job creation or retention, or the development of business operations, upon recipient's failure to complete the terms of the incentive.

Sponsor
April Baskin
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-03-19 Introduced Bill introduced
2026-03-19 Status in_committee
2026-03-19 Latest Action In Senate Committee
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