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Senate Bill S2384

2025-2026 Legislative Session

Relates to the eligibility criteria for the excelsior jobs program act

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Current Bill Status - In Senate Committee Finance Committee

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2025-S2384 (ACTIVE) - Details

See Assembly Version of this Bill:
A835
Current Committee:
Senate Finance
Law Section:
Economic Development Law
Laws Affected:
Amd §353, Ec Dev L
Versions Introduced in Other Legislative Sessions:
2021-2022: S8891, A10003
2023-2024: S1143, A8327

2025-S2384 (ACTIVE) - Summary

Requires a business entity in violation of worker protection or environmental laws and regulations to surrender all previous state subsidies issued to such business entity.

2025-S2384 (ACTIVE) - Sponsor Memo

2025-S2384 (ACTIVE) - Bill Text download pdf 

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2384
 
                        2025-2026 Regular Sessions
 
                             I N  S E N A T E
 
                             January 16, 2025
                                ___________
 
 Introduced  by  Sen. SKOUFIS -- 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 amend the economic development law, in relation to the eligi-
   bility criteria for the excelsior jobs program act

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Subdivision  6 of section 353 of the economic development
 law, as amended by section 2 of part G of chapter  61  of  the  laws  of
 2011, is amended to read as follows:
   6.  A business entity must be in compliance with all worker protection
 and environmental laws and regulations. In addition, a  business  entity
 may  not  owe past due state taxes or local property taxes. IN THE EVENT
 THAT A BUSINESS ENTITY IS FOUND TO HAVE VIOLATED SUCH WORKER  PROTECTION
 OR ENVIRONMENTAL LAWS AND REGULATIONS, PENDING A FULL AUDIT BY THE STATE
 COMPTROLLER,  THE  STATE SHALL ORDER THE SURRENDER OF ALL PREVIOUS STATE
 SUBSIDIES ISSUED TO SUCH BUSINESS ENTITY.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD01858-01-5

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