A 7259 New York Assembly · 2019 Regular Session

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

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.
Bill status failed 1 of 4 stages cleared
Introduction
Apr 2019
Committee Review
Floor Vote
Governor
Introduced Apr 18, 2019 Last action Jul 16, 2020
Floor votes

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Full legislative history

Actions timeline

Total actions
3
Key actions
0
Committee
2
Jul 16, 2020
Assembly · Failed
HELD FOR CONSIDERATION IN GOVERNMENTAL OPERATIONS
Jan 8, 2020
Assembly · Referred to committee
REFERRED TO GOVERNMENTAL OPERATIONS
Apr 18, 2019
Assembly · Referred to committee
REFERRED TO GOVERNMENTAL OPERATIONS
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Magnarelli
Bill Magnarelli
DDemocratic
NY
129