Prevents use of funds, financial incentives, subsidies, or tax exemptions for projects already in development.
New York Assembly Bill A00650 amends the general municipal law to prevent the use of funds, financial incentives, subsidies, or tax exemptions for projects already in development. Exceptions are made if environmental contamination requiring a significant increase in project costs is discovered during development. This act takes effect immediately.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.