S6198 (2023-24 session)

NY State bill

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.

Title
Provides for recovery of economic development awards in cases where the recipient relocates outside the state
Type
New York State Senate bill
Session
2023-24 session
Status
In Senate Committee
Latest action date
2024-01-03
In committee
Commerce, Economic Development And Small Business
Introduced
2023-04-03
Law section
Economic Development Law

Sponsors

Heard in committee

Sources