Establishes a local authorities searchable subsidy and economic development benefits database.
New York A02636 creates a searchable database for economic development benefits awarded by local authorities. Local development corporations and industrial development agencies must submit data quarterly to the authorities budget office. The database will include details on grants, loans, and bonds awarded, including job creation data. Qualified participants must provide requested information. The database will be searchable, downloadable, and updated quarterly, accessible on a public website.
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